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

    2948 County Road 106 Columbus, TX 78934

    Sponsored
    For Sale
    $1,728,000

    Acreage,Land - Columbus, TX

    Type:Farm
    Lot size:
    144.59 Acres
    Days on Market:
    251
    Last Refresh:
    Jan 28 at 1:06 pm

    Property Features for 2948 County Road 106

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    APN
    46911
    Parking features
    Carport, Garage
    Exterior features
    Well
    Lot size
    144.59 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Reesa Ueckert

    1851 PROPERTIES, INC. (979) 865-2065

    Listing agent Reesa Ueckert (979) 865-2065 License #707813

    Listing date May 23, 2025

    MLS# 151913 Listing URL

    Copyright © 2026 South Central Texas 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

    144-Acre Recreational and Income Property

    This 144.594-acre tract, located just off Hwy 90 in Rock Island near Columbus, TX, offers both recreational opportunities and income potential. The property features two duck ponds supported by a 200 GPM water well, making it suitable for waterfowl hunting, as well as excellent deer and hog hunting. The terrain is mostly open with scattered tree clusters providing natural cover and visual appeal. Income is generated through a rice production lease, and the property currently supports cattle, qualifying it for an agricultural exemption. The land is ideal for hunters, investors, or weekend retreats, offering convenient access to Hwy 90 while maintaining privacy. Wide-open views and multiple potential homesites are present. The property is located 15 minutes from Splashway Waterpark in Sheridan, TX. This property offers recreation, income, and long-term potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Columbus
    County
    Colorado
    State
    Texas
    Longitude
    -96.598313
    Latitude
    29.531999

    Nearby Similar for Sale

    • $2,495,000
      2,862 SF

      Meticulously Maintained Ranch Near Columbus

      21.53 acre ranch with main house and party barndo.
      1045 Yaupon Creek Est, Columbus, TX 78934
      View Details
    • $595,000
      10,553 SF

      Versatile Commercial Building in Columbus, TX

      Immaculately maintained 10,553 sq ft commercial space on 0.2466 acres.
      920 Front St, Columbus, TX 78934
      View Details
    • $575,000
      Pending

      Charming Cottage on Wooded Acres

      Secluded country cottage on 20 acres near Columbus, TX.
      1700 County Road 151, Columbus, TX 78934
      View Details
    • $2,495,000
      9,431 SF

      Prime Commercial Property Near I-10

      Exceptional commercial property with restaurant, catering building, and high visibility.
      4053 Hwy 90 U.S, Columbus, TX 78934
      View Details
    • New
      $495,000
      548 SF

      Columbus, TX Farm with Shop

      Well-maintained property featuring a shop and potential homesite in Columbus.
      1524 Shaws Bend Rd, Columbus, TX 78934
      View Details
    • $1,200,000
      12,373 SF

      Columbus, TX Commercial Opportunity

      1.31 acres with 12,373 SF improvements on high-visibility corner.
      1028 Walnut St, Columbus, TX 78934
      View Details
    • $1,495,000
      1.47 Acres

      Highway Frontage Commercial Property

      1.47-acre commercial property with convenience store, restaurant, and self-storage.
      2560 Highway 71 South, Columbus, TX 78934
      View Details
    • $1,030,000

      10-Acre Oasis with Multiple Structures

      Unique property with barndo, main home, cottage, and party barn.
      1054 County Road 156, Columbus, TX 78934
      View Details
    • $820,000

      Riverfront Property with Development Potential

      Over 3 acres of riverfront property with development opportunities.
      804 Robson St, Columbus, TX 78934
      View Details
    • $4,590,000

      Expansive Property with Custom Home

      Acreage with custom home, tennis court, ponds, and barns.
      2751 Fm 2434, Columbus, TX 78962
      View Details
    • $825,000

      2,000-Acre Ranch with Golf Course

      2,000-acre ranch featuring hunting, fishing, and golf.
      119 Red Stag Ln, Columbus, TX 78934
      View Details
    • $1,900,000

      2,000 Acre Ranch with Golf

      2,000 acre ranch featuring hunting, fishing, and golf.
      114 Red Stag Ln, Columbus, TX 78934
      View Details

    FAQs

    What type of property is this?
    Farm - Income-producing 144-acre tract perfect for hunting and recreation.
    Where is this farm located?
    The property is located at 2948 County Road 106 Columbus, TX.
    What is the asking price?
    The asking price for this property is $1,728,000.
    What are key features of this property?
    This property features: - 144-acre property ideal for recreation, income generation, and long-term investment.; - Income-producing via rice production lease and cattle grazing, qualifying for an ag exemption.; - Excellent hunting opportunities for waterfowl, deer, and hog, supported by two duck ponds and a 200 GPM water well.
    (979) 865-2065
    Request Owner's contact information
    2948 County Road 106 Columbus, TX 78934
    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.
    2948 County Road 106
    Columbus, TX 78934
    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
    2948 County Road 106 Columbus, TX 78934
    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
    Reesa Ueckert
    Real Estate License ID: 707813
    (979) 865-2065
    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.