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

    ABST 318 WJ Pearce Three Rivers, TX 78071

    View on Map
    Claim this Listing
    For Sale
    $125,000

    Ranch Land - Three Rivers, TX

    Lot size:
    10.01 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    44
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for ABST 318 WJ Pearce

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    10.01 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Daniel Espinoza

    Listing agent Daniel Espinoza

    Listing office Keller Williams Laredo 6910 McPherson Rd., Ste. 3, Laredo, TX

    Listing date Mar 6, 2026

    MLS# 20261140 Listing URL

    Copyright © 2026 Laredo Association 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

    Unrestricted Land in Three Rivers

    This 10.01-acre property is located in Three Rivers, Texas, and features frontage on FM 1358. The unrestricted land offers possibilities for building a home, starting a small ranch, investing in land, or creating a weekend getaway. The property features open space and South Texas surroundings, with room for homes, barns, animals, or future development. The natural landscape and abundant wildlife provide privacy.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Three Rivers
    County
    Live Oak
    State
    Texas
    Longitude
    -98.1766
    Latitude
    28.5268

    Nearby Similar for Sale

    • $282,850
      5,250 SF

      Commercial Building in Three Rivers

      Established commercial building with 5,250 SF on 0.40 acres.
      222 W Thornton Street W, Three Rivers, TX 78071
      View Details
    • $3,700,000

      Prime Commercial Land I-37 Frontage

      34+/- acres at I-37 & SH-72, Three Rivers, TX.
      6284 Highway 281 lot: 0, Three Rivers, TX 78071
      View Details
    • $199,500
      756 SF

      Three Rivers Duplex For Sale

      Well-maintained duplex with two 3-bedroom units in Three Rivers.
      310 S Hermann Avenue, Three Rivers, TX 78071
      View Details
    • $170,000

      Highway Frontage Land in Texas

      17.69 acres with Highway 72 frontage, no HOA, no restrictions.
      Highway 72 lot: 0, Three Rivers, TX 78071
      View Details
    • $225,000

      19.79 Acre Commercial Land Tract

      19.79 acres on US Highway 281 in Three Rivers, TX.
      3834 Highway 281 S, Three Rivers, TX 78071
      View Details
    • $59,500

      Land Near Choke Canyon Park

      1.5 acres near Choke Canyon State Park.
      Deer Run Trace lot: 55, Three Rivers, TX 78071
      View Details
    • $35,000

      Land on I-37 Access Road

      One acre lot with structure, highly visible on I-37.
      N Hwy 37 Access lot: 3, Three Rivers, TX 78071
      View Details
    • $50,000

      Land on I-37 Access Road

      Highly visible 0.5-acre lot with structure in Oakville, TX.
      N Hwy 37 Access lot: 3, Three Rivers, TX 78071
      View Details
    • $170,500

      11 Acres Land in Three Rivers

      11 acres of land between Three Rivers and Kenedy, TX.
      FM 2049, Three Rivers, TX 78071
      View Details
    • $135,000

      Unrestricted Land in Three Rivers

      10.01 acres with frontage on FM 1358.
      ABST 318 WJ Pearce, Three Rivers, TX 78071
      View Details
    • $35,000

      Spacious Lots in Windmill Estates

      One-acre plus lots in new Three Rivers subdivision.
      750 CR 200 lot: 6, Three Rivers, TX 78071
      View Details
    • $24,000

      Half-Acre Lot Near Choke Canyon

      0.50-acre lot near Choke Canyon Lake and State Park.
      Deer Run lot: 32, Three Rivers, TX 78071
      View Details

    FAQs

    What type of property is this?
    Ranch - 10.01 acres with frontage on FM 1358 in Texas.
    Where is this ranch located?
    The property is located at ABST 318 WJ Pearce Three Rivers, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 10.01 acres of unrestricted land; Great frontage on FM 1358; Suitable for building a home, ranching, investment, or weekend getaway
    (956) 319-7455
    We can help!
    Listing Contact
    Daniel Espinoza
    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!