Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tract 4 South Nassau Road Round Top, TX 78954

    View on Map
    Claim this Listing
    For Sale
    $556,500

    Acreage,Land - Round Top, TX

    Type:Farm
    Lot size:
    10.60 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 10 at 2:06 pm

    Property Features for Tract 4 South Nassau Road

    General Information

    Property type
    Land
    Property subtype
    Farm
    Parking features
    Carport
    Standard status
    Active
    APN
    39412
    Lot size
    10.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Frank Hillbolt
    Frank Hillbolt

    Listing agent Frank Hillbolt License #502045

    Listing office ROUND TOP REAL ESTATE 101 Main St., ROUND TOP, TX

    Listing date Feb 12, 2026

    MLS# 152960 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.

    Overview

    Round Top Land for Sale

    This 10.6-acre tract of land is located approximately 5 miles from Round Top, Texas. The property features gently rolling pastureland interspersed with Live Oak trees. Electricity and fiber optic internet are available nearby. The land is currently under an agricultural valuation, which may help to keep taxes low. Native wildlife, including deer, inhabits the property. The location offers convenient access to Round Top's shops and restaurants. The property is suitable for residential use, such as a cottage or modern farmhouse. Light restrictions are in place to protect property values. Additional acreage may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Round Top
    County
    Fayette
    State
    Texas
    Longitude
    -96.651096
    Latitude
    30.014581

    Nearby Similar for Sale

    • $425,000

      8 Acres with Commercial Potential

      8-acre tract in Round Top, TX with commercial potential.
      2171 E HWY 237 lot: 3, Round Top, TX 78974
      View Details
    • $425,000

      Round Top 10-Acre Tract

      10 acres in Round Top, suitable for residential or commercial.
      2179 E HWY 237 lot: 4, Round Top, TX 78954
      View Details
    • $4,495,000
      18,631 SF

      Iconic Dance Hall and Restaurant

      Historic Round Top venue with dance hall, restaurant, and RV park.
      550 North Washington Street, Round Top, TX 78954
      View Details
    • $1,500,000
      2,788 SF

      Round Top Commercial Property For Sale

      Commercial property in Round Top, TX. Restaurant lease included.
      102 South Washington Street, Round Top, TX 78954
      View Details
    • $330,000

      3 Acres with Utilities & Workshop

      3-acre tract in Shelby with utilities, RV hookups, workshop.
      964 E FM 389, Round Top, TX 78954
      View Details
    • $2,800,000
      2,831 SF

      Round Top Two-Story Home

      Charming 4-bedroom home with fireplaces and spacious basement.
      533 Bybee Road, Round Top, TX 78954
      View Details
    • $230,000

      Land with Highway Frontage

      4.1 acre tract with commercial potential near Round Top.
      2085 E HWY 237 lot: 2, Round Top, TX 78954
      View Details
    • $395,000

      Round Top Homesite Opportunity

      Exceptional homesite in Round Top's countryside, ideal for custom estate.
      330 North Nassau Road, Round Top, TX 78954
      View Details
    • $2,249,500
      3,141 SF

      New Home with Hill Country Views

      New 4BR home on 7.14 acres near Round Top.
      4961 Hartfield Road, Round Top, TX 78954
      View Details
    • $527,880

      Round Top Land for Sale

      9.96 acres of pastureland near Round Top, Texas.
      Tract 7 South Nassau Road, Round Top, TX 78954
      View Details
    • $910,540

      Round Top Acreage with Pond

      17.18 acres near Round Top with pond and pasture.
      Tract 2 South Nassau Road, Round Top, TX 78954
      View Details
    • $3,650,000
      5,337 SF

      Round Top Estate with Multiple Homes

      Unique property near Round Top Square featuring three distinct homes.
      1585 Round Top Road, Round Top, TX 78954
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Pastureland near Round Top, ideal for residential or recreational use.
    Where is this agricultural land / farmland located?
    The property is located at Tract 4 South Nassau Road Round Top, TX.
    What is the asking price?
    The asking price for this property is $556,500.
    What are key features of this property?
    This property features: Tracts of land ranging from 4 to 17 acres offer a canvas for building a custom home.; Located just 5 miles from Round Top's shops, restaurants, and antique show.; Electricity and fiber optic internet are readily available.
    (979) 249-5732
    We can help!
    Listing Contact
    Frank Hillbolt
    Frank Hillbolt
    Real Estate License ID: 502045
    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!