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

    505 S Wells Street lot E75 Edna, TX 77957

    View on Map
    For Sale
    $33,900

    LAND - Edna, TX

    Lot size:
    0.31 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 1 at 1:06 am

    Property Features for 505 S Wells Street lot E75

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R11329
    Lot size
    0.31 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    BRACKENRIDGE, BLOCK C, LOT E75FT 5, ACRES 0.27
    TaxAnnualAmount
    114

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Tracy Graves
    Tracy Graves

    Listing agent Tracy Graves License #0560439

    Listing office RE/MAX Land & Homes 5215 N Navarro, Victoria, TX

    Listing date Mar 13, 2026

    MLS# 607381

    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

    Residential Land in Edna, Texas

    This residential land is located in Edna, Texas. The lot size is approximately 0.3065 acres. It is located at 505 S Wells Street, lot E75. The location is described as perfect for building a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Edna
    County
    Jackson
    State
    Texas
    Longitude
    -96.642486
    Latitude
    28.974583

    Nearby Similar for Sale

    • $499,999
      7,864 SF

      Edna Restaurant on 3.65 Acres

      Restaurant built in 2017 with ample parking on 3.65 acres.
      4232 FM 234, Edna, TX 77957
      View Details
    • $150,000
      1,480 SF

      Edna, TX Commercial Live/Work Space

      Commercial property with office and residential space on busy highway.
      625 S Wells, Edna, TX 77957
      View Details
    • $1,500,000
      753,588 SF

      Prime Commercial Development Opportunity

      1.73 acre corner lot ideal for commercial development.
      907 N East St, Edna, TX 77957
      View Details
    • $795,000

      Prime Development Land, Edna, TX

      17.84 acres with development potential along future I-69 corridor.
      US Hwy 59, Edna, TX 77957
      View Details
    • $582,280

      Productive Land Near Edna, TX

      73.243 acres of multi-use land fronting FM 234 North.
      FM 234 N, Edna, TX 77957
      View Details
    • $1,295,000
      566,280 SF

      Income-Producing RV Park Investment

      Established RV park near industrial hubs with income potential.
      87 FM 234 S, Edna, TX 77957
      View Details
    • $646,500

      Edna, TX Commercial Land

      25.86 acre commercial property with development potential in Edna, TX.
      W Main, Edna, TX 77957
      View Details
    • $140,000

      Versatile Acreage Near Edna, Texas

      12.64 acre property near Edna, TX, ideal for homesteading.
      County Road 302 lot: 6-7-8, Edna, TX 77957
      View Details
    • $49,999

      Edna, TX Land Opportunity

      Two acre residential land in Industrial School District.
      Tract 4 CR 319, Edna, TX 77957
      View Details
    • $30,000
      988 SF

      Residential Lot in Edna, TX

      Spacious lot within city limits, ideal for building a home.
      E Division Street lot: 9, 10, Edna, TX 77957
      View Details
    • $1,613,550

      107+ Acres in Edna, TX

      Versatile 107+ acre property suitable for commercial or agricultural use.
      Co Rd 115, 59 bypass Feeder, Edna, TX 77957
      View Details
    • $350,000

      Secluded 10-Acre Wooded Land

      10-acre wooded tract surrounded by large acreage tracts.
      County Road 114, Edna, TX 77957
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land available in Edna, Texas, perfect for new home.
    Where is this residential land & home lot located?
    The property is located at 505 S Wells Street lot E75 Edna, TX.
    What is the asking price?
    The asking price for this property is $33,900.
    What are key features of this property?
    This property features: Perfect location; Public water source; Public sewer
    (361) 655-4457
    We can help!
    Listing Contact
    Tracy Graves
    Tracy Graves
    Real Estate License ID: 0560439
    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!