Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rolling Hill Acreage Homesite Title is generated by Realmo AI

    428 Rolling Hill Drive, Cat Spring, TX 78933

    View on Map
    Claim this Listing
    For Sale
    $105,000

    Acreage,Land - Cat Spring, TX

    Type:Farm
    Lot size:
    1.12 Acres
    Added:
    Nov 11, 2025
    Days on Market:
    190
    Last Refresh:
    May 20 at 5:06 pm

    Property Features for 428 Rolling Hill Drive

    General Information

    Property type
    Land
    Property subtype
    Farm
    Parking features
    Carport
    Standard status
    Active
    APN
    n/a
    Lot size
    1.12 Acres

    Taxes and HOA fees

    Expense value
    180
    Expense
    Building Maintenance Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lori Balusek
    Lori Balusek

    Listing agent Lori Balusek License #507624

    Listing office TEXAS TRUST REAL ESTATE 402 4th street, Sealy, TX

    Listing date Nov 11, 2025

    MLS# 154088 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.

    HighLights

    • 1.1199 acre homesite in Settlers Reserve
    • No floodplain
    • Low HOA fees and no MUD or PID taxes
    • Deed restrictions to protect investment
    • Asphalt roads throughout development
    • Convenient access to I‑10, Sealy & Columbus

    Overview

    This 1.1199-acre homesite, designated as Lot 17, is located on Rolling Hill Drive in Settlers Reserve, Cat Spring, Texas. The property is situated just 2 miles north of I-10, offering convenient access to the nearby towns of Sealy and Columbus. Settlers Reserve features 68 spacious homesites, each one acre or larger. Deed restrictions are in place to protect property values, and the community has low HOA fees with no MUD or PID taxes. The property is not located in a floodplain. Infrastructure includes asphalt roads throughout the development. A dedicated deceleration lane on FM 949 ensures safe entrance to Settlers Reserve. This property presents an opportunity to invest in an exceptional community.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cat Spring
    County
    Austin
    State
    Texas
    Longitude
    -96.392
    Latitude
    29.7398

    Nearby Similar for Sale

    • $425,000
      1,200 SF

      13 Acres with Barn, Ponds

      13-acre property with barn, ponds, and utilities for country living.
      1993 FM 2761 Road, Cat Spring, TX 78933
      View Details
    • $599,000
      1,714 SF

      Remodeled Home in Country Setting

      Completely remodeled home on rolling land near Cat Spring, TX.
      3834 Farm To Market Road 949, Cat Spring, TX 78933
      View Details
    • $1,100,000
      2,800 SF

      Prime 9-Acre Tract

      Cleared, level 9-acre tract in Cat Spring, Texas.
      1021 Star Lane, Cat Spring, TX 78933
      View Details
    • $633,555

      Secluded Acreage in Cat Spring, TX

      22.35 acres of privacy, beauty, and flexibility in Texas.
      17718 Tranquil Lane, Cat Spring, TX 78933
      View Details
    • $4,800,000

      160 Acres in Colorado County

      Unrestricted 160-acre tract suitable for various uses near Columbus and Sealy.
      1929 FM 2761 Road, Cat Spring, TX 78933
      View Details
    • $8,228,125

      658 Acre Tract in Cat Spring

      Large tract of land ideal for recreation and agriculture.
      TBD Rice Road, Cat Spring, TX 78933
      View Details
    • $772,000

      32.8 Acre Fenced Land Parcel

      32.8 acre fenced land parcel with pond and barn.
      Tr. 1 Reitz Quinn Rd, Cat Spring, TX 78933
      View Details
    • $120,000

      Acreage Homesite in Settlers Reserve

      1.3022 acre homesite in Settlers Reserve, Cat Spring, TX
      328 Rolling Hill Court, Cat Spring, TX 78933
      View Details
    • $95,000

      Rolling Hill Acreage in Cat Spring

      1.4165 acre homesite in Settlers Reserve, Cat Spring, TX.
      433 Rolling Hill Drive, Cat Spring, TX 78933
      View Details
    • $110,000

      Cat Spring Acreage Homesite Opportunity

      1.1239 acre homesite in Settlers Reserve, Cat Spring, TX.
      184 Ridgeview Drive, Cat Spring, TX 78933
      View Details
    • $85,000

      Spacious Homesite in Settlers Reserve

      1.2990 acre homesite in Settlers Reserve, Cat Spring, Texas.
      121 Oak Hollow Court, Cat Spring, TX 78933
      View Details
    • $3,800,000
      3,600 SF

      Updated Ranch in Cat Spring

      40-acre ranch with updated home, barn, and pool.
      1094 Dunlavy Rd, Cat Spring, TX 78933
      View Details

    FAQs

    What type of property is this?
    Land - 1.1199 acre homesite in Settlers Reserve, Cat Spring, TX.
    Where is this land located?
    The property is located at 428 Rolling Hill Drive Cat Spring, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: 1.1199 acre homesite in Settlers Reserve; No floodplain; Low HOA fees and no MUD or PID taxes
    (979) 885-6925
    We can help!
    Listing Contact
    Lori Balusek
    Lori Balusek
    Real Estate License ID: 507624
    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

    Thank You for Inquiry
    428 Rolling Hill Drive, Cat Spring, TX 78933
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!