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    419 US Highway 175 W Eustace, TX 75124

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    Claim this Listing
    New
    For Sale
    $1,539,500

    Farm/Ranch - Eustace, TX

    Type:Farm
    Property size:
    5,148 SF
    Lot size:
    48.32 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 15 at 4:06 am

    Property Features for 419 US Highway 175 W

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    7
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Carport, Driveway, Garage, Workshop
    Patio and Porch features
    Patio, Porch
    Interior features
    Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
    Standard status
    Active
    APN
    00602030000031
    Size
    5,148 SF
    Lot size
    48.32 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Floors in Building
    1
    Architectural style
    Ranch
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Aaron Ablondi

    Listing agent Aaron Ablondi License #0665003

    Listing office Whitetail Properties Real Estate 616 E Blanco, Boerne, TX

    Listing date Apr 14, 2026

    MLS# 21239121 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Property Near Highway 175

    This 48.323-acre property, located within an hour and a half drive of Dallas and accessible via Highway 175, presents opportunities for multi-family living, agricultural use, or future investment. The property includes two residences: an original 1,750 square-foot home with 3 bedrooms and 2.5 bathrooms, and a newer, custom-built barndominium totaling approximately 3,300 square feet, with around 2,350 square feet of finished living space. The barndominium features high-end finishes, an open-concept layout, 4 bedrooms, 3 bathrooms, and a large covered back porch. The acreage is cross-fenced and equipped for livestock, featuring multiple stock tanks and concrete water troughs with auto-level systems. The land is suited for cattle, horses, or a hobby farm. Additional improvements include a large enclosed shop for equipment and storage. The property's layout and highway frontage allow for separation of the residential improvements from the remaining acreage, creating opportunities for agricultural, recreational, or potential future development. The property is located in Eustace, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eustace
    County
    Henderson
    State
    Texas
    Longitude
    -96.0222
    Latitude
    32.3171

    Nearby Similar for Sale

    • $310,000
      4,475 SF

      Versatile Commercial Property on Highway

      Commercial property with flexible space and highway frontage.
      449 HWY 175, Eustace, TX 75124
      View Details
    • $248,000
      1,344 SF

      Eustace Homestead with Metal Building

      8-acre homestead with a metal building and endless possibilities.
      9960 County Road 2813, Eustace, TX 75124
      View Details
    • $244,950

      Eustace Ranch with Hay Production

      Approximately 20-acre ranch tract with elevated home site potential.
      Tbd Fm 316 N, Eustace, TX 75124
      View Details

    FAQs

    What type of property is this?
    Farm - 48-acre property with two residences, ideal for multi-family living.
    Where is this farm located?
    The property is located at 419 US Highway 175 W Eustace, TX.
    What is the asking price?
    The asking price for this property is $1,539,500.
    What are key features of this property?
    This property features: Two residences: **a 3‑bedroom, 2.5‑bath home and a newer, custom‑built 4‑bedroom, 3‑bath barndominium with high‑end finishes.**; 48‑acre property suitable for multi‑family living, agriculture (livestock), recreation, or future development.; Conveniently located within an hour and a half of Dallas with easy access via Highway 175.
    (217) 285-9000
    We can help!
    Listing Contact
    Aaron Ablondi
    Real Estate License ID: 0665003
    Learn More
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    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
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