Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1817 PR 3032 Hamilton, TX 76531

    View on Map
    For Sale
    $115,000

    LAND - Hamilton, TX

    Lot size:
    10.01 Acres
    Added:
    Aug 15, 2024
    Days on Market:
    594
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 1817 PR 3032

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    57147
    Lot size
    10.01 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    84 BBB & C RR; Acres: 10.01 Lot 11
    TaxAnnualAmount
    1367

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

    We can help!

    Listing Contact
    Jerry George

    Listing agent Jerry George License #0333157

    Listing office Kim Hill Real Estate Group 2424 E Main Street, Gatesville, TX

    Listing date Aug 15, 2024

    MLS# 553787

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hamilton County Land with Views

    This 10.01-acre property is located in a gated community in Hamilton County, Texas, offering elevated views of the surrounding Central Texas landscape. The property is suitable for building a custom home, weekend retreat, or investment property. It is located a 10-minute drive from Hamilton, approximately one hour from Waco, and within a two-hour drive of both Dallas and Austin. The community features new, high-quality homes under construction, contributing to the area's appeal and value while maintaining a peaceful, open environment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hamilton
    County
    Hamilton
    State
    Texas
    Longitude
    -98.1198
    Latitude
    31.6401

    Nearby Similar for Sale

    • $339,000

      Historic Commercial Space in Hamilton

      Commercial building in historic square, ideal for retail or restaurant.
      117 N Rice Street, Hamilton, TX 76531
      View Details
    • $249,000
      2,026 SF

      Restaurant Opportunity on Highway 281

      Long-standing restaurant with expansion potential off Highway 281.
      702 S Rice Street, Hamilton, TX 76531
      View Details
    • $240,000

      Versatile Commercial Space in Hamilton, TX

      10,000 sq ft commercial space with showroom and warehouse.
      207 S Bell Street, Hamilton, TX 76531
      View Details
    • $595,000
      1,891 SF

      Hamilton Ranch with Workshop

      10-acre ranch featuring a house, shops, and storage.
      1340 N US Hwy 281, Hamilton, TX 76531
      View Details
    • $449,000

      Established Venue with Outdoor Concert Area

      Unique venue in Hamilton, TX, with updated kitchen and concert area.
      110 S Bell Street, Hamilton, TX 76531
      View Details
    • $399,999
      1,514 SF

      Texas Ranch with Equestrian Potential

      17.88-acre ranch in Hamilton, TX, near Circle T Arena.
      998 FM 218, Hamilton, TX 76531
      View Details
    • $259,000

      Hamilton Office with Warehouse Space

      Office building with warehouse in a prime Hamilton, TX location.
      502 Main, Hamilton, TX 76531
      View Details
    • $649,000

      Texas Ranch Land For Sale

      92-acre farm and ranch property in Southeast Hamilton County.
      0000 FM 1241, Hamilton, TX 76531
      View Details
    • $1,275,000
      3,962 SF

      Custom Home on 25 Acres

      Spacious home with acreage, ideal for livestock and recreation.
      998 Hwy 22 E, Hamilton, TX 76531
      View Details
    • $391,000

      Hamilton Ranch with Grazing Land

      46-acre ranch featuring a barn, tank, and grazing land.
      Tbd3 CR 619, Hamilton, TX 76531
      View Details
    • $549,000

      Commercial Building Near Downtown Hamilton

      Commercial building with kitchen, multiple rooms, and separate entrances.
      520 N Rice Street, Hamilton, TX 76531
      View Details
    • $724,900
      600 SF

      Texas Ranch with Renovated Cabin

      80-acre ranch featuring a renovated cabin and ample farmland.
      386 County Road 604, Hamilton, TX 76531
      View Details

    FAQs

    What type of property is this?
    Land - 10+ acre homesite in gated community near Hamilton, Texas.
    Where is this land located?
    The property is located at 1817 PR 3032 Hamilton, TX.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Gorgeous long‑range views from a high‑elevation tract.; Located in a premier gated community in Hamilton County.; Conveniently located: 10 minutes from Hamilton, 1 hour from Waco, 2 hours from Dallas/Austin.
    (254) 457-9399
    We can help!
    Listing Contact
    Jerry George
    Real Estate License ID: 0333157
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!