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

    2619 Obryan Ln San Angelo, TX 76905

    Sponsored
    For Sale
    $55,000

    LAND - San Angelo, TX

    Lot size:
    2.99 Acres
    Days on Market:
    68
    Last Refresh:
    Feb 22 at 7:06 pm

    Property Features for 2619 Obryan Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush
    Fencing
    Chain Link, Barbed Wire
    Lot size
    2.99 Acres

    We can help!

    Listing Contact
    Lidia Elzein

    ERA Newlin & Company (325) 481-0500

    Listing agent Lidia Elzein (325) 450-0562

    Listing date Dec 17, 2025

    MLS# 129998 Listing URL

    Copyright © 2026 San Angelo Association 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

    West Texas Land Opportunity

    This property features 2.99 acres of open land situated in the Red Creek area of West Texas, offering a country atmosphere with convenient access to the city of San Angelo. The property is currently unimproved, presenting a blank canvas for various development opportunities. Potential uses include building a dream home, creating a weekend getaway, or holding as an investment. The spacious lot provides ample room for animals, projects, and outdoor activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.3953479
    Latitude
    31.5652131

    Nearby Similar for Sale

    • Sponsored
      $1,495,000
      6,000 SF

      1101 S Abe St

      Centrally Located Attractive Office Warehouse
      1101 S Abe St, San Angelo, TX 76903
      View Details
    • $1,250,000
      14,580 SF

      Versatile Commercial Building in San Angelo

      14,970 sq ft commercial building in high-traffic location.
      20 Howard St, San Angelo, TX 76901
      View Details
    • $1,500,000
      23,484 SF

      Office/Warehouse Space in San Angelo

      23,484 SF office/warehouse near Santa Rita neighborhood.
      1317 Colorado Ave, San Angelo, TX 76901
      View Details
    • $480,000
      3,262 SF

      Two Homes in San Angelo

      Two homes in San Angelo, TX, ideal for investors or families.
      1112 W Harris Ave, San Angelo, TX 76901
      View Details
    • $1,358,063
      3,420 SF

      High-Visibility Corner Lot in San Angelo

      Prime commercial opportunity with high traffic and expansion potential.
      570 Smith Blvd, San Angelo, TX 76905
      View Details
    • New
      $289,900
      2,500 SF

      Versatile Commercial Building in San Angelo

      2,500 sqft commercial building ideal for office, retail, or warehouse.
      115 Avenue W, San Angelo, TX 76903
      View Details
    • $375,000
      4,250 SF

      Move-in Ready Commercial Office Space

      4,250 SF commercial office space for sale in San Angelo.
      1518 W Beauregard Ave, San Angelo, TX 76901
      View Details
    • $325,000
      3,116 SF

      San Angelo Diner For Sale

      Diner-style restaurant in high-traffic area, potential city funding.
      1205 N Chadbourne St, San Angelo, TX 76903
      View Details
    • $1,250,000
      9,750 SF

      Historic Downtown Commercial Building

      Spacious building in prime downtown location with diverse potential.
      315 N Chadbourne St, San Angelo, TX 76903
      View Details
    • $4,000,000
      27,571 SF

      San Angelo Landmark Opportunity

      Multifamily, motel, and restaurant property in San Angelo, Texas.
      1728 Pulliam St, San Angelo, TX 76905
      View Details
    • $745,000
      3,453 SF

      Turnkey Restaurant in San Angelo

      Fully furnished restaurant with high traffic and ample parking.
      3029 Sherwood Way, San Angelo, TX 76901
      View Details
    • $600,000
      2,150 SF

      Restaurant Building on Corner Lot

      Restaurant building for sale on a prime corner location.
      2001 W Harris Ave, San Angelo, TX 76901
      View Details

    FAQs

    What type of property is this?
    Land - 2.99 acres of open land near San Angelo, TX.
    Where is this land located?
    The property is located at 2619 Obryan Ln San Angelo, TX.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - 2.99 acres of open land; - Located in the Red Creek area; - Minutes from town with quick access to city conveniences
    (325) 450-0562
    Request Owner's contact information
    2619 Obryan Ln San Angelo, TX 76905
    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.
    2619 Obryan Ln
    San Angelo, TX 76905
    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
    2619 Obryan Ln San Angelo, TX 76905
    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
    Lidia Elzein
    Real Estate License ID: TREC 0589236
    (325) 450-0562 (325) 481-0500
    Learn more
    Google sign-in failed. Please try again or use another login method.