Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    2480 SCENIC VIEW Drive Fischer, TX 78623

    View on Map
    Claim this Listing
    For Sale
    $599,900

    LAND - Fischer, TX

    Lot size:
    15.13 Acres
    Added:
    Jun 19, 2025
    Days on Market:
    321
    Last Refresh:
    May 5 at 2:06 pm

    Property Features for 2480 SCENIC VIEW Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    454091
    Lot size
    15.13 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    A-168 SUR-138 A FOERSTER, ACRES 15.126

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

    We can help!

    Listing Contact
    Ashley Vincent

    Listing agent Ashley Vincent License #0643689

    Listing office Dash Realty 13276 Research Blvd, Suite 10, TX

    Listing date Jun 19, 2025

    MLS# 582523 Listing URL

    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

    Texas Hill Country Land

    This expansive property offers over 15 acres of raw land in the heart of the Texas Hill Country. Located just minutes from Canyon Lake, the property provides a blend of open space and access to outdoor adventure. An agricultural exemption is already in place, offering reduced property taxes. The land features no HOA and no deed restrictions, providing the freedom to create a retreat, such as a custom home, barndominium, recreational getaway, or ranchette. Building up would allow a view of Canyon Lake. This unrestricted acreage is located in Fischer, Texas.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fischer
    County
    Comal
    State
    Texas
    Longitude
    -98.207178
    Latitude
    29.927511

    Nearby Similar for Sale

    • $799,000

      Unrestricted Land Near Canyon Lake

      13.48 acres with home, barn, and commercial potential.
      250 Mail Route, Fischer, TX 78623
      View Details
    • $399,000

      Unrestricted Land in Fischer, Texas

      4 unrestricted acres in Fischer, TX with Hill Country charm.
      11030-11060 Fm 32, Fischer, TX 78623
      View Details
    • $65,000

      Texas Hill Country Land

      0.65-acre lot in Rancho Del Lago community.
      1040 Pinon, Fischer, TX 78623
      View Details
    • $99,900

      Residential Land in Stallion Springs

      0.96 acre homesite with utilities in place, Fischer, TX.
      1865 STALLION SPRINGS DR, Fischer, TX 78623
      View Details
    • $129,000

      Hill Country Homesite Opportunity

      1.42-acre homesite in gated community with panoramic views.
      1074 Madrone Road, Fischer, TX 78623
      View Details
    • $86,000

      Land in Legends at Rancho

      One acre lot with Hill Country views in Fischer, TX.
      1078 Madrone Road lot: 49, Fischer, TX 78623
      View Details
    • $82,500

      Texas Hill Country Homesite

      1.13-acre homesite in gated community near Canyon Lake.
      806 Rutherford lot: 182, Fischer, TX 78623
      View Details
    • $86,000

      Land in Legends at Rancho

      One acre lot in Fischer, Texas with Hill Country views.
      1082 Madrone Road lot: 48, Fischer, TX 78623
      View Details
    • $80,000

      Residential Lot in Fischer, TX

      Residential lot in Rancho del Lago community, Fischer, TX.
      1465 Ironwood Rd, Fischer, TX 78623
      View Details
    • $625,000

      Fischer, TX Land Opportunity

      Pristine 10+ acre land in Fischer, TX with on-site water.
      11387 FM 32, Fischer, TX 78623
      View Details
    • $128,000

      Land with Canyon Lake Views

      1.275 acre lot with lake views near Canyon Lake.
      TBD LOT 1 Soaring Eagle, Fischer, TX 78623
      View Details
    • $88,000

      Corner Lot in Gated Community

      Level lot with mature trees in The Legends at Fischer.
      865 Rutherford lot: 165, Fischer, TX 78623
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unrestricted 15+ acre land in the Texas Hill Country.
    Where is this agricultural land / farmland located?
    The property is located at 2480 SCENIC VIEW Drive Fischer, TX.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: 15+ acres of unrestricted land in the Texas Hill Country.; Agricultural exemption in place for significantly reduced property taxes.; No HOA and no deed restrictions for total flexibility in building and land use.
    (512) 426-0231
    We can help!
    Listing Contact
    Ashley Vincent
    Real Estate License ID: 0643689
    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

    Thank You for Inquiry
    2480 SCENIC VIEW Drive, Fischer, TX 78623
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!