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

    213 Reed Way Castroville, TX 78009

    Sponsored
    For Sale
    $130,000

    LAND - Castroville, TX

    Lot size:
    1.00 Acres
    Days on Market:
    104
    Last Refresh:
    Jan 24 at 3:06 am

    Property Features for 213 Reed Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RESIDENTIAL
    Lot size
    1.00 Acres

    We can help!

    Listing Contact
    Stacy Davidson

    Keller Williams Heritage (210) 493-3030

    Listing agent Stacy Davidson (210) 493-3030

    Listing date Oct 13, 2025

    MLS# 1912197 Listing URL

    Copyright © 2025 LERA MLS. 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

    Castroville Homesite in Gated Community

    This large, level homesite is located within a private, 55+ gated community in Castroville. The community provides amenities such as a community center and pool. The property offers convenient access to the Alsatian Golf Club. Historic downtown Castroville, known for its shops, bakeries, and riverside parks, is just minutes away. San Antonio, with its employers, dining, and entertainment options, is a short drive away. The property is suitable for building a home. The lot size is 1.002 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Castroville
    County
    Medina
    State
    Texas
    Longitude
    -98.934743
    Latitude
    29.369417

    Nearby Similar for Sale

    • $625,000
      4,814 SF

      San Antonio Multi-Family Near Golf

      Newer multi-family construction near Alsatian Golf Course in Castroville.
      1006 County Road 4516, Castroville, TX 78009
      View Details
    • Contact for pricing

      Office Warehouse Building For Sale

      Office warehouse building with attached warehouses and apartment.
      2780 Fm 471, Castroville, TX 78009
      View Details
    • $1,450,000

      Modern Farmhouse on Tranquil Acres

      Unique modern farmhouse on 5 acres near San Antonio.
      175 County Road 4801, Castroville, TX 78009
      View Details
    • Contact for pricing

      Castroville Office in Old Town

      Move-in ready, renovated office space in historic Old Town Square.
      1313 Lorenzo St, Castroville, TX 78009
      View Details
    • $1,495,000

      Castroville Farm Land For Sale

      Farm and agricultural land available in Castroville, Texas.
      718 County Road 466, Castroville, TX 78009
      View Details
    • $810,900

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      322 Bobs Cv, Castroville, TX 78009
      View Details
    • $667,900

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      357 Post Oak, Castroville, TX 78009
      View Details
    • $794,000

      Englewood Lane Specialty Property

      Specialty property available for sale in Castroville, Texas.
      571 Englewood Ln, Castroville, TX 78009
      View Details
    • $662,900

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      129 Lacey Oak, Castroville, TX 78009
      View Details
    • $554,990

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      164 Katie Ct, Castroville, TX 78009
      View Details
    • $599,900

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      914 Gentilz St, Castroville, TX 78009
      View Details
    • $695,000

      Castroville Specialty Property For Sale

      Specialty property available for purchase in Castroville, Texas.
      689 Lilly Blf, Castroville, TX 78009
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large, level homesite in a 55+ gated community.
    Where is this residential land & home lot located?
    The property is located at 213 Reed Way Castroville, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Large, level homesite ready for building in a private, 55+ gated community.; - Conveniently located near historic downtown Castroville's shops, bakeries, and parks.; - Easy access to Alsatian Golf Club.
    (936) 545-3910
    Request Owner's contact information
    213 Reed Way Castroville, TX 78009
    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.
    213 Reed Way
    Castroville, TX 78009
    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
    213 Reed Way Castroville, TX 78009
    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
    Stacy Davidson
    (936) 545-3910
    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.