Your AI Navigator in Commercial Real Estate
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

    3736-2 Rd 113 Llano, TX 78643

    Sponsored
    For Sale
    $640,500

    Rural Subdivision,Mixture of Soils - Rural Subdivision Lots/Tracts

    Lot size:
    18.30 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 18 at 3:06 pm

    Property Features for 3736-2 Rd 113

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    None
    Exterior features
    None
    Lot size
    18.30 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michele Smith
    Michele Smith

    Reata Ranch Realty, LLC (830) 992-3045

    Listing agent Michele Smith (830) 992-3045

    Listing date Jan 9, 2026

    MLS# 97755 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

    Overview

    Llano Ranch Retreat Land

    This 18.30-acre ranchette, known as Tract 2, offers a peaceful escape surrounded by natural beauty and uninterrupted views in Llano, TX. Located within Goldmine Creek Preserve, the property features a private 60-foot wide entrance with a 20-foot wide chip seal road. Established utilities are in place, and the land has been cleared of brush. The landscape includes serene ponds and majestic large Oak trees, with views overlooking neighboring Sandy Creek. A 14-foot base driveway is already in place. A recently drilled water well has been tested at 10.5 gpm. The property offers stunning views of Enchanted Rock, Bull Head, and Prairie Mountain to the West, and Cedar Mountain, Riley Mountain, and Lucky Mountain to the East. The location harmoniously blends history, nature, and modern amenities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Llano
    County
    Llano
    State
    Texas
    Longitude
    -98.740356842792
    Latitude
    30.575176662282

    Nearby Similar for Sale

    • $7,538,400
      558.40 Acres

      Llano Ranch with Creek Frontage

      Texas Hill Country ranch featuring creek frontage and diverse terrain.
      1263 Rd 102, Llano, TX 78643
      View Details
    • $1,790,000
      1,476 SF

      Llano Ranch with Turnkey Features

      95+ acre Llano ranch featuring improved pastures, barns, and residences.
      12119 Hwy 29 W, Llano, TX 78643
      View Details
    • $1,175,000
      29.17 Acres

      Llano Ranch with Barndominium

      29.17-acre ranch featuring a barndominium, horse barn, and lush pastures.
      5830 N State Highway 16, Llano, TX 78643
      View Details
    • $3,794,985
      281.11 Acres

      Llano Ranch with Creek Frontage

      281-acre Llano ranch featuring creek frontage and diverse terrain.
      000 Rd 102, Llano, TX 78643
      View Details
    • $439,000
      10.30 Acres

      Llano Ranch Home on Acreage

      Scenic 10+ acre ranch home with equestrian facilities.
      127 -- Offer Ln, Llano, TX 78643
      View Details
    • $4,600,000
      278.00 Acres

      Llano Ranch with High Vista Views

      278-acre Llano ranch featuring diverse wildlife and breathtaking views.
      111 Rd 113, Llano, TX 78643
      View Details
    • $565,000
      1,566 SF

      Equestrian Ranch Ready for Horses

      15.15 acre ranch equipped for horses with owner financing.
      4040 W State Highway 29, Llano, TX 78643
      View Details
    • $419,000
      2,098 SF

      Updated Triplex Near Llano Square

      Recently updated triplex near downtown Llano with income potential.
      901 Wright St, Llano, TX 78643
      View Details
    • $1,790,000
      1,468 SF

      Llano, TX Turnkey Ranch

      95.72-acre Llano, TX ranch with home, guest house, and barn.
      12119 Hwy 29 W, Llano, TX 78643
      View Details
    • $2,991,120
      792 SF

      176 Acres in Llano County

      176-acre property with wells, pond, creek, and abundant wildlife.
      2602 County Road 406, Llano, TX 78643
      View Details
    • $1,010,800
      28.88 Acres

      Rural Land with Creek and Ponds

      28.88 acres of rural land with established utilities and water.
      3736-6 Rd 113, Llano, TX 78643
      View Details
    • New
      $899,900
      65.42 Acres

      Llano County Ranch with Views

      Scenic 65+ acre ranch with creek, well, and electricity.
      000 N County Road 402, Llano, TX 78643
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 18.30-acre ranchette with established utilities and serene ponds.
    Where is this agricultural land located?
    The property is located at 3736-2 Rd 113 Llano, TX.
    What is the asking price?
    The asking price for this property is $640,500.
    What are key features of this property?
    This property features: - Uninterrupted views of Enchanted Rock, Bull Head, Prairie Mnt, Cedar Mnt, Riley Mnt, and Lucky Mnt.; - Private 18.30-acre ranchette in Goldmine Creek Preserve.; - Established utilities and cleared brush.
    (325) 347-4702
    Request Owner's contact information
    3736-2 Rd 113 Llano, TX 78643
    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.
    3736-2 Rd 113
    Llano, TX 78643
    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
    3736-2 Rd 113 Llano, TX 78643
    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
    Michele Smith
    Michele Smith
    Real Estate License ID: 0546840
    (325) 347-4702
    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.