Add Listing
    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

    38 Settlement Way lot 38 Luling, TX 78648

    View on Map
    Claim this Listing
    For Sale
    $142,000

    LAND - Luling, TX

    Lot size:
    4.32 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 18 at 10:06 pm

    Property Features for 38 Settlement Way lot 38

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    23952
    Lot size
    4.32 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 38 THE SETTLEMENT PATRIOT RANCHES UNIT ONE 401 SAMUEL ROBBINS
    Tax Annual Amount
    6

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed, Well

    We can help!

    Listing Contact
    Travis Anderson

    Listing agent Travis Anderson License #0714330

    Listing office Anders Pierce Realty, LLC 480 S Seguin Avenue, New Braunfels, TX

    Listing date Jan 16, 2026

    MLS# 602146 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

    Luling, TX Acreage Homesite

    This 4.32-acre lot, located in The Settlement at Patriot Ranch, features mature oak trees and scenic views, offering a location to build a dream home. The landscape has been cleared of brush. The community is home to roaming cattle and exotic animals, potentially qualifying the lot for an Ag-Exemption and reduced property taxes. A gated entrance ensures privacy. Community amenities include a large fishing pond with a pier, picnic tables, and BBQ grills. Situated minutes from Luling, The Settlement at Patriot Ranch is within commuting distance to Seguin and New Braunfels, with Austin and San Antonio approximately an hour away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm Big Box & Wholesale Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Luling
    County
    Caldwell
    State
    Texas
    Longitude
    -97.6509
    Latitude
    29.6952

    Nearby Similar for Sale

    • $325,000

      Prime Commercial Land Opportunity

      High-visibility corner lot ready for development in Luling, Texas.
      Hwy 90, Luling, TX 78648
      View Details
    • $1,100,000

      Texas Legacy Ranch Opportunity

      Remarkable 156-acre ranch offered for the first time since 1859.
      1144 Treetop Lane, Luling, TX 78648
      View Details
    • $1,606,165

      Luling, TX Commercial Land

      60+ acre commercial land with high visibility in Luling, TX.
      N Hackberry Avenue, Luling, TX 78648
      View Details
    • $1,606,165

      Prime Land in Luling, TX

      60+ acre tract ideal for residential or commercial development.
      N Hackberry Avenue, Luling, TX 78648
      View Details
    • $125,000

      Luling, TX Land For Sale

      2.12 acre lot on Hwy 183 with city utilities.
      Pierce Street, Luling, TX 78648
      View Details
    • $145,000

      2.5 Acre Tract Near IH 10

      2.5 acre tract near IH 10 and Buc-ee's.
      439 Arrow Lane, Luling, TX 78648
      View Details
    • $40,000

      Residential Lot in Luling, TX

      Residential lot available for building or mobile home placement.
      1018 N Hackberry Avenue, Luling, TX 78648
      View Details
    • $275,000
      3,781 SF

      Versatile Commercial Property on Magnolia Avenue

      High-visibility commercial property with warehouse, office, and residential income potential.
      805 N Magnolia Avenue, Luling, TX 78648
      View Details
    • $899,000
      10,600 SF

      Luling Storage Facility with Expansion

      Fully leased storage facility with apartment and expansion potential.
      1940 S Magnolia Avenue, Luling, TX 78648
      View Details
    • $90,000

      Acre Land in Luling, TX

      One acre of land ready for your vision!
      1842 Kelly Rd, Luling, TX 78648
      View Details
    • $250,000

      Secluded 8.5 Acre Land Parcel

      8.5 acres in Luling, TX, quiet and centrally located.
      Hidden Pine, Luling, TX 78648
      View Details
    • $198,500
      950 SF

      Luling, TX 10-Acre Retreat

      10-acre countryside retreat with barn near Luling, Texas.
      231 Abigail Lane, Luling, TX 78648
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.32 acre lot in gated community near Luling, TX.
    Where is this residential land & home lot located?
    The property is located at 38 Settlement Way lot 38 Luling, TX.
    What is the asking price?
    The asking price for this property is $142,000.
    What are key features of this property?
    This property features: 4.32 acre lot with mature oak trees and scenic view, ideal for building a dream home.; Ag‑Exemption eligibility for significantly lower property taxes.; Gated community ensuring privacy and security.
    (830) 822-5902
    We can help!
    Listing Contact
    Travis Anderson
    Real Estate License ID: 0714330
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!