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    672 County Road 372 Shiner, TX 77984

    Sponsored
    For Sale
    $1,270,682

    Residential (farm-ranch),Farm,Historic - Shiner, TX

    Type:Farm
    Property size:
    1,296 SF
    Lot size:
    63.55 Acres
    Days on Market:
    324
    Last Refresh:
    Feb 26 at 3:06 am

    Property Features for 672 County Road 372

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Vegetation
    Partially Wooded, Wooded
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    1
    APN
    25020
    Parking features
    Carport
    Exterior features
    Barn(s), Barns, Partially Wooded, Pond, Pens
    Fireplace
    1
    Size
    1,296 SF
    Lot size
    63.55 Acres

    Utilities

    Heating system
    Fireplace(s)

    Building Details

    Year built
    1890
    Year renovated
    1890
    Floors in Building
    2
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Claudine Brunkenhoefer

    Texas Ranch Realty (979) 561-6565

    Listing agent Claudine Brunkenhoefer (979) 561-6565 License #598556

    Listing date Apr 9, 2025

    MLS# 151204 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.

    Learn more

    Property Insight Report

    Overview

    Historic Shiner Farm with Pond

    This 63.55 acre tract is partially wooded with a slight rolling elevation, featuring a historic fixer-upper home and barn, along with several old outbuildings. Located in the historic Shiner area, just off Highway 90A, it's minutes from the Shiner Painted Church and Spoetzl Brewery, home of Shiner Beer. The property has a rolling elevation change of 1% - 5% slopes with views, native Live Oak trees, native Pecan trees, and native brush. Approximately 25% of the tract is natural native woods. There is one pond on the property. The house, built in 1882, has wood milled from oaks that stood where the house is located. The roof was replaced in the late 90's with metal and has no known leaks. The house has also been fully rewired and contains two functional wood stoves. There is one working water well on the tract, approximately 220 feet deep. A historic hand-dug rock water well, built in the 1880's, is about 60-70 feet deep and still holds water. The property is less than one mile to Highway 90A, six miles to the City of Shiner, and nine miles to the City of Hallettsville in Lavaca County. The tract is ideal for a weekend retreat, cattle, recreational, or hunting activities. The Tremona Loamy Fine Sand Soil, with 1-5% slopes, is ideal for agriculture use, sustainable wildlife food plots, fruit trees, olive trees, and a grape vineyard. Wildlife in the area includes Whitetail Deer, Dove, and Texas Wild Hog.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Shiner
    County
    Lavaca
    State
    Texas
    Longitude
    -97.068743
    Latitude
    29.440648

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    FAQs

    What type of property is this?
    Farm - Partially wooded 63.55 acre property with historic fixer-upper home.
    Where is this farm located?
    The property is located at 672 County Road 372 Shiner, TX.
    What is the asking price?
    The asking price for this property is $1,270,682.
    What are key features of this property?
    This property features: - 63.55 +/- acres of partially wooded land with a pond, offering recreational opportunities.; - Historic fixer-upper home (built in 1882) and barn, presenting an opportunity for restoration and customization.; - Convenient location near Shiner and Hallettsville, with easy access to Highway 90A and local attractions like the Shiner Brewery.
    (979) 561-6565
    Request Owner's contact information
    672 County Road 372 Shiner, TX 77984
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    Shiner, TX 77984
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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
    672 County Road 372 Shiner, TX 77984
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    We can help!
    Listing Contact
    Claudine Brunkenhoefer
    Real Estate License ID: 598556
    (979) 561-6565
    Learn more
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