Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cleared Land Near I-35 Title is generated by Realmo AI

    Lot 1 - 919 W Hillyard Road, Moody, TX 76557

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $90,000

    Unimproved Land - Moody, TX

    Type:Unimproved Land
    Lot size:
    2.00 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    85
    Last Refresh:
    May 31 at 1:06 am

    Property Features for Lot 1 - 919 W Hillyard Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    318203
    Lot size
    2.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tamarah Sharp

    Listing agent Tamarah Sharp License #749598

    Listing office Homestead & Ranch Real Estate 193 Ranchers Club Ln, CAMP WOOD, TX

    Listing date Mar 7, 2026

    MLS# 21047034 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Cleared 2+-acre lot ready for building.
    • Conveniently located less than 5 minutes from I‑35.
    • Easy access to Temple (10 minutes) and Waco (20 minutes).
    • Electric nearby.
    • Water meter to be verified by Elm Creek Water Supply.
    • Additional 2+-acre lot available.

    Overview

    This is a 2+-acre parcel of land that has been cleared. It is located less than 5 minutes from I-35, providing convenient access to Temple in 10 minutes and Waco in 20 minutes. The property is situated in a rural setting. Electric service is located nearby. Water meter availability to be verified by Elm Creek Water Supply. Mild restrictions are in place, prohibiting manufactured homes. An additional 2+-acre parcel is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Kitchen & Bath Showroom HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Moody
    County
    McLennan
    State
    Texas
    Longitude
    -97.293002
    Latitude
    31.253401

    Nearby Similar for Sale

    • $1,840,000
      3,712 SF

      Texas Ranch Estate with Panoramic Views

      Spacious ranch on 70+ acres with custom home.
      2276 Hodge, Moody, TX 76557
      View Details
    • $899,500
      4,950 SF

      Picturesque Ranchette with Two Dwellings

      Ranchette on 10+ acres with two dwellings and suite.
      375 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $1,299,000
      4,950 SF

      Turnkey Ranchette with Income Potential

      30+ acre ranchette with two dwellings and mother-in-law suite.
      375 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $300,000

      Moody Car Wash Opportunity

      Car wash property with highway visibility and ice vending machine.
      703 Avenue D, Moody, TX 76557
      View Details
    • $895,000

      Moody, TX Ranch Opportunity

      81.31 acre ranch property in Moody, Texas for sale.
      8212 Eddy Gatesville Parkway, Moody, TX 76557
      View Details
    • $754,875

      68.75 Acre Farm & Ranch

      Farm and ranch property located near Moody, Texas.
      Alexander Road, Moody, TX 76557
      View Details
    • $1,243,485

      Farm and Ranch Property

      113.25 acre farm and ranch property in Moody, TX.
      Alexander Road, Moody, TX 76557
      View Details
    • $320,000

      Texas Farm and Ranch Land

      26.98 acre farm and ranch property in Moody, Texas.
      16071 FM 107, Moody, TX 76657
      View Details
    • $854,000
      592 SF

      61.5 Acres in Moody, Texas

      Versatile 61.5-acre property ideal for ranch, retreat, or farm.
      1998 W Hillyard Road, Moody, TX 76557
      View Details
    • $488,610

      44.5 Acre Farm & Ranch

      Farm and ranch land for sale in Moody, Texas.
      Alexander Road, Moody, TX 76557
      View Details
    • $1,550,000

      Texas Ranch with Private Lake

      131-acre ranch featuring a 9-acre private lake.
      537 Tower Drive, Moody, TX 76557
      View Details
    • $399,500

      Land with Pond in Moody

      19.97 acre tract with pond, fenced, agricultural exemption.
      385 J B Vandiver Loop, Moody, TX 76557
      View Details

    FAQs

    What type of property is this?
    Land - Two-acre cleared land parcel near I-35 in Moody, Texas.
    Where is this land located?
    The property is located at Lot 1 - 919 W Hillyard Road Moody, TX.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: Cleared 2+-acre lot ready for building.; Conveniently located less than 5 minutes from I‑35.; Easy access to Temple (10 minutes) and Waco (20 minutes).
    (512) 466-1460
    We can help!
    Listing Contact
    Tamarah Sharp
    Real Estate License ID: 749598
    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

    Thank You for Inquiry
    Lot 1 - 919 W Hillyard Road, Moody, TX 76557
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!