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    5100 Wood Duck Drive Waelder, TX 78959

    View on Map
    For Sale
    $399,000

    Residential (farm-ranch),Farm,Standard Frame - Waelder, TX

    Type:Farm
    Property size:
    1,448 SF
    Lot size:
    10.10 Acres
    Added:
    Aug 20, 2024
    Days on Market:
    590
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 5100 Wood Duck Drive

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Parking features
    Carport, Garage
    Vegetation
    Heavily Wooded, Partially Wooded, Wooded
    Exterior features
    Heavily Wooded, Partially Wooded, Well
    Standard status
    Active
    APN
    46456
    Size
    1,448 SF
    Lot size
    10.10 Acres

    Utilities

    Heating system
    Central

    Building Details

    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Chip Bubela
    Chip Bubela

    Listing agent Chip Bubela License #590779

    Listing office Bubela Real Estate 603 N. Main St, Schulenburg, TX

    Listing date Aug 20, 2024

    MLS# 146040 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

    Fenced 10-Acre Retreat with Pond

    This fully fenced 10.1-acre property features a blend of woods and open fields, accented by a large pond. Located in a serene area of Fayette County on a lightly traveled paved road, the property is surrounded by wooded agricultural and residential properties. Nearby are shopping and recreation opportunities in Flatonia and Smithville, Texas. Near the center of the property is a 1,448 square foot, 2-bedroom, 1-bath Craftsman-style house built between 1920 and 1930. The house retains its charming character and historical style and is in good structural condition, ready for a refresh. Decks on each side of the house provide views of the natural surroundings. The yard around the house is fully fenced with gates. The house has electricity, central HVAC, filtered well water, and a septic system. Near the house is a 1,296 square foot, 1-1/2 story metal barn with a set of large sliding barn doors in the back and a set of garage doors near the house. There is also a 120 square foot shed near the barn.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Spa & Massage Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Waelder
    County
    Gonzales
    State
    Texas
    Longitude
    -97.2961679
    Latitude
    29.788576

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    FAQs

    What type of property is this?
    Farm - 10-acre property with a pond, house, and metal barn.
    Where is this farm located?
    The property is located at 5100 Wood Duck Drive Waelder, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 10‑acre property featuring a mix of woods, open fields, and a pond.; 1448 sq ft, 2 bed/1 bath Craftsman‑style house with decks.; 1296 sq ft metal barn with sliding barn doors and garage doors.
    Schulenburg9792216679Flatonia3617414890
    We can help!
    Listing Contact
    Chip Bubela
    Chip Bubela
    Real Estate License ID: 590779
    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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