Sign Up Successful!
You now have access to more from Realmo!
    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

    191 E Scott Dr Center Point, TX 78010

    Sponsored
    For Sale
    $449,500

    Vacant Land,Other-See Remarks, Acreage, Farm & Ranch - Center Point, TX

    Type:Farm
    Lot size:
    27.10 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 23 at 2:06 am

    Property Features for 191 E Scott Dr

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    R-1
    Exterior features
    Other-see Remarks
    Lot size
    27.10 Acres

    Building Details

    Architectural style
    Ranch
    Additional Structures
    See Remarks

    We can help!

    Listing Contact
    Chris Griffin & Carol Griffin
    Chris Griffin & Carol Griffin

    America Homes and Ranches (830) 459-5263

    Listing agent Chris Griffin (830) 459-5263

    Listing date Jan 14, 2026

    MLS# 97110 Listing URL

    Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    27-Acre Hill Country Land Parcel

    Located in the Elm Pass Rd area, this 27.1-acre property offers views of the surrounding hill country. The land includes multiple building spots designed to capture the landscape's splendor. Electricity is connected, and super fast 1000Mbps up and 1000Mbps down fiber internet speed is available from HCTC. A deep water well is installed. The property, comprising three contiguous lots, spans elevations from 1680' to 1900' according to USGS, and features a wet weather creek and abundant wildlife. The sellers note a travel trailer might be available for separate purchase. The property is zoned R-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Kerr
    State
    Texas
    Longitude
    -99.044795576721
    Latitude
    29.870858143917

    Nearby Similar for Sale

    • $1,025,000
      6,489 SF

      Center Point Commercial Opportunity Awaits

      41-acre property with commercial and residential potential in Center Point.
      6268 Highway 27, Center Point, TX 78010
      View Details
    • $540,000
      2,264 SF

      Unrestricted Land with Horse Barn

      10-acre property with home, horse barn, and workshop.
      168 Stoney Hills Rd, Center Point, TX 78010
      View Details
    • $2,800,000
      33,076 SF

      Center Point Manufacturing Facility For Sale

      Large industrial facility with highway frontage in Center Point, TX.
      5588 Highway 27, Center Point, TX 78010
      View Details
    • $699,000

      Charming Cottage-Style Home on Acreage

      10+ acre property with cottage, guest buildings, and homesteading amenities.
      132 Silver Creek Ln, Center Point, TX 78010
      View Details
    • $649,000

      Barndominium in Metal Building

      Barndominium inside 40' x 80' metal building on unrestricted land.
      191 Private Rd 4030 N, Center Point, TX 78010
      View Details
    • $1,389,000

      Camp Verde Land with Home

      21.88 acres bordering Verde Creek with western-themed home.
      1000 Fm 480, Center Point, TX 78010
      View Details
    • $2,850,000

      Center Point Agricultural Property

      Agricultural property located on Highway 27 in Center Point.
      6515 Highway 27, Center Point, TX 78010
      View Details
    • $795,000

      Center Point Agricultural Property

      Agricultural property for sale in Center Point, Texas.
      232 N Stoneleigh Rd, Center Point, TX 78010
      View Details
    • $2,900,000

      Lost Valley Ranch For Sale

      Ranch property available in Center Point, Texas.
      120 Lost Vly Ln, Center Point, TX 78010
      View Details
    • $899,000

      Center Point Specialty Property

      Specialty property for sale in Center Point, Texas.
      131 Southwind Rd, Center Point, TX 78010
      View Details

    FAQs

    What type of property is this?
    Ranch - Breathtaking 27-acre property with views, utilities, and abundant wildlife.
    Where is this ranch located?
    The property is located at 191 E Scott Dr Center Point, TX.
    What is the asking price?
    The asking price for this property is $449,500.
    What are key features of this property?
    This property features: - 27.1-acre property with **stunning, forever views of the hill country.**; - Deep water well and electricity are already installed.; - **Super fast 1000Mbps fiber internet available.**
    (830) 459-5263
    Request Owner's contact information
    191 E Scott Dr Center Point, TX 78010
    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.
    191 E Scott Dr
    Center Point, TX 78010
    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
    191 E Scott Dr Center Point, TX 78010
    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

    We can help!
    Listing Contact
    Chris Griffin & Carol Griffin
    Chris Griffin & Carol Griffin
    Real Estate License ID: 0512080
    (830) 459-5263
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.