Add Listing
    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

    550 Fm 967 Buda, TX 78610

    View on Map
    Claim this Listing
    For Sale
    $3,000,000

    COMMERCIAL - Buda, TX

    Property size:
    1,934 SF
    Lot size:
    10.67 Acres
    Price / SF:
    $1,551/SF
    Added:
    Oct 15, 2024
    Days on Market:
    557
    Last Refresh:
    Apr 24 at 3:06 pm

    Property Features for 550 Fm 967

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R10136
    Size
    1,934 SF
    Lot size
    10.67 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    A0001 PHILLIP J ALLEN SURVEY, ACRES 10.668 (1.00 AC HS)
    Tax Annual Amount
    3811

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1975
    Floors in Building
    1
    Building materials
    MetalSiding

    We can help!

    Listing Contact
    Mike Harper
    Mike Harper

    Listing agent Mike Harper License #0609983

    Listing office Compass RE Texas, LLC 14010 N US-183 STE 400, Austin, TX

    Listing date Oct 15, 2024

    MLS# 559739

    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

    Buda Commercial/Agricultural Land Opportunity

    This 10.668-acre property is located less than 3 miles from Downtown Buda and offers potential for commercial development or agricultural use. The land is ag-exempt, presenting an investment opportunity with access to major highways and the Buda community. The property features level terrain and open space, suitable for business ventures or farming operations. All major utilities are accessible on adjacent property. The property is located close to the downtown area. The property size is 1934 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buda
    County
    Hays
    State
    Texas
    Longitude
    -97.8675467
    Latitude
    30.102844

    Nearby Similar for Sale

    • $5,826,100
      1,424 SF

      Buda Commercial Development Opportunity

      83.23 acres near Austin, suitable for diverse commercial uses.
      5225 Fm 2001, Buda, TX 78610
      View Details
    • $5,826,100
      1,424 SF

      83 Acres in Buda, Texas

      Development land near I-35, suitable for diverse commercial uses.
      5225 Fm 2001, Buda, TX 78610
      View Details
    • $489,900

      Residential Land in Desirable Buda

      4 acres of land near Austin with mature trees.
      Arbor Trail, Buda, TX 78610
      View Details
    • $2,490,000
      11,512 SF

      Buda Wedding & Event Venue

      7.71 acre wedding/event venue in NW Buda.
      4550 Fm 967, Buda, TX 78610
      View Details
    • $16,000,000
      65,000 SF

      Fully Leased Retail and Event Destination

      65,000 SF retail destination on 8.06 acres in Buda, TX.
      2610 Main St, Buda, TX 78610
      View Details
    • $459,000

      Commercial Land in Buda, Texas

      Commercial land available for sale in Buda, Texas.
      175 Sandoval ST, Buda, TX 78610
      View Details
    • $750,000

      9 AC Buda Farmland Tract

      9 AC tract with frontage on Glass Rd in Buda.
      12129 Glass Road, Unit 3, Buda, TX 78610
      View Details
    • $2,750,000

      Land For Sale in Buda

      Land available in Buda, Texas, near Austin.
      12943 Wright RD, Buda, TX 78610
      View Details
    • $3,650,000
      20,000 SF

      Buda Warehouse with Office Space

      20,000 SF warehouse with 1,500 SF office space.
      12955 Wright Rd, Buda, TX
      View Details
    • $639,900

      Land in Buda, Texas

      Land available in Buda, Travis County.
      8819 Saddle CIR, Buda, TX 78610
      View Details
    • Contact for pricing
      20,000 SF

      Versatile Office/Warehouse Space Available

      20,000 SF office/warehouse with heavy power and excellent connectivity.
      12955 Wright Rd, Buda, TX 78610
      View Details
    • $3,800,000

      Land Available on Goforth Road

      Land for sale on Goforth Road in Buda, Texas.
      15501 Goforth Road, Buda, TX 78610
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10-acre property near Downtown Buda with commercial and agricultural potential.
    Where is this agricultural land / farmland located?
    The property is located at 550 Fm 967 Buda, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 10‑acre ag‑exempt land suitable for commercial development or agricultural use; Less than 3 miles from Downtown Buda; Prime investment opportunity in Buda's growth corridor
    (512) 757-7326
    We can help!
    Listing Contact
    Mike Harper
    Mike Harper
    Real Estate License ID: 0609983
    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!