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
    The Largest CRE Database in the US with Over 1 Million Listings

    438-2 Yellowstone Ln Hunt, TX 78024

    Sponsored
    For Sale
    $795,000

    LAND - Hunt, TX

    Lot size:
    106.00 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 22 at 3:06 am

    Property Features for 438-2 Yellowstone Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Fencing
    Perimeter
    Lot size
    106.00 Acres

    We can help!

    Listing Contact
    Cody Key

    Key and Key Realty (830) 315-7539

    Listing agent Cody Key (830) 459-0962

    Listing date Jan 17, 2026

    MLS# 121271 Listing URL

    Copyright © 2026 Kerrville 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

    Property Insight Report

    Overview

    Undeveloped Hill Country Hunting Land

    This undeveloped 106-acre tract of land is located in West Kerr County, approximately 30 minutes from Hunt and 45 minutes from Kerrville. The property is suitable for recreational and hunting purposes in the Texas Hill Country. The land features varying topography and trees, offering distant views. It is suitable for hunting Whitetail deer, Turkey, and Hogs, with occasional sightings of other exotic animals. Additional acreage may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Hunt
    County
    Kerr
    State
    Texas
    Longitude
    -99.4928837
    Latitude
    30.0262154

    Nearby Similar for Sale

    • $1,350,000
      1,728 SF

      Updated Ranch House on Acreage

      Private hunting and recreational ranch near Hunt, Texas.
      419 Yellowstone Ln, Hunt, TX 78024
      View Details
    • $1,649,500
      3,400 SF

      Exclusive Gated 15-Acre Estate

      Luxurious 15-acre estate with modern residences and stunning views.
      199 Hermosa, Hunt, TX 78024
      View Details
    • $1,649,500
      15.00 Acres

      Exclusive Gated 15-Acre Estate

      Modern living in a private, gated community with long-range views.
      199 -- Hermosa, Hunt, TX 78024
      View Details
    • $1,800,000
      3,455 SF

      Turnkey Resort-Style Rental Property

      Resort with cabins, glamping tents, lake, and river access.
      190 Stablewood Spg Dr, Hunt, TX 78025
      View Details
    • $1,999,000
      3,455 SF

      Turnkey Resort-Style Rental Property

      Resort-style short-term rental on 27.85 acres near summer camps.
      190 Stablewood Spg Dr, Hunt, TX 78025
      View Details
    • $1,299,000
      2,186 SF

      Guadalupe Riverfront Stone Home

      Stone home on 17 acres with Guadalupe River frontage.
      240 River Bend Rd, Hunt, TX 78024
      View Details
    • $6,500,000
      6,963 SF

      Texas Hill Country Legacy Ranch

      Refined Western living on 168 acres along Guadalupe River.
      154 Mr Bar Par, Hunt, TX 78024
      View Details
    • $1,950,000
      20.35 Acres

      Hunt, TX Ranch Land

      New custom home on 20+ acres in Hunt, TX.
      Lot 6 Hwy 39 W, Hunt, TX 78024
      View Details
    • $1,895,000
      60.50 Acres

      Hill Country Ranch in Hunt

      Serene 60.5-acre ranch with Guadalupe River access.
      174 -- Cedar Rock Trl, Hunt, TX 78024
      View Details
    • $1,895,000
      1,818 SF

      Serene Ranch in Comanche Caves

      60.5-acre ranch with Guadalupe River access and airstrip.
      174 Cedar Rock Trl, Hunt, TX 78024
      View Details
    • $1,600,000

      Turn-Key Ranch in Hunt, Texas

      High fenced ranch with comfortable ranch house and barn.
      564 Cherry Springs Rd, Hunt, TX 78024
      View Details
    • $15,500,000

      Highway 39 Agricultural Property

      Agricultural property located on Highway 39 in Hunt, Texas.
      3280 Highway 39, Hunt, TX 78024
      View Details

    FAQs

    What type of property is this?
    Hunting land - Recreational and hunting land in West Kerr County, 106 acres.
    Where is this hunting land located?
    The property is located at 438-2 Yellowstone Ln Hunt, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Undeveloped Hill Country land ideal for recreational use and hunting.; - Located in West Kerr County, a convenient distance from Hunt and Kerrville.; - Features varying topography and trees.
    (830) 459-0962
    Request Owner's contact information
    438-2 Yellowstone Ln Hunt, TX 78024
    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.
    438-2 Yellowstone Ln
    Hunt, TX 78024
    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
    438-2 Yellowstone Ln Hunt, TX 78024
    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
    Cody Key
    (830) 459-0962
    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.