Sign Up Successful!
You now have access to more from Realmo!
    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

    American Dream Way Belton, TX 76513

    Sponsored
    For Sale
    $140,000

    LAND - Belton, TX

    Lot size:
    0.78 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 24 at 4:06 am

    Property Features for American Dream Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.78 Acres

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Bret Friemel

    Compass RE Texas, LLC (214) 814-8100

    Listing agent Bret Friemel (254) 231-0209 License #0608976

    Listing date Jan 5, 2026

    MLS# 599815

    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.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Belton, Texas

    This residential land is located within a 626-acre ranch community in Belton, Texas. The property, situated on American Dream Way, offers spacious lots and panoramic views. The community, Ranch at Latitude 31, is designed to provide a lifestyle of elegance and convenience. The lot size is 0.78 acres. Upcoming community amenities include a clubhouse, walking trails, boat dock, swimming pool, and picnic areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Belton
    County
    Bell
    State
    Texas
    Longitude
    -97.4732
    Latitude
    31.0788

    Nearby Similar for Sale

    • $1,599,999
      4,134 SF

      Belton Colonial Estate on Acreage

      Colonial estate on 14.866 acres in Belton, Texas.
      10299 Paddy Hamilton Rd, Belton, TX 76513
      View Details
    • $980,000
      4,596 SF

      Versatile Commercial Building on 1.16 Acres

      Commercial building on 1.16 acres with expansion potential.
      625 Kennedy Ct, Belton, TX 76513
      View Details
    • $1,499,990
      4,248 SF

      Highway Frontage Commercial Opportunity

      4,200+ sq ft property on 3.19 acres in Belton, TX.
      5204 State Highway 317, Belton, TX 76513
      View Details
    • $650,000
      3,190 SF

      Historic Beltonian Theater For Sale

      Iconic Beltonian Theater in booming historic district, endless possibilities.
      219 E Central Ave, Belton, TX 76513
      View Details
    • $1,750,000
      22.12 Acres

      Summers Mill Country Estate

      22-acre estate with a home, outbuildings, and natural beauty.
      9775 Fm 1123 Hwy, Belton, TX 76513
      View Details
    • $899,900
      2,661 SF

      Turn-Key Equine Facility in Belton

      Equine facility on 10.01 acres near Belton, Texas.
      2700 Auction Barn Rd, Belton, TX 76513
      View Details
    • $899,000
      5,000 SF

      Versatile Commercial Building in Belton, TX

      5,000+/- sq ft metal building with roll-up bay doors.
      1544 Jackrabbit Rd, Belton, TX 76513
      View Details
    • $575,000
      4,020 SF

      Belton Commercial Property For Sale

      4020 SF commercial property in prime Belton location.
      824 S Main St, Belton, TX 76513
      View Details
    • $539,000
      2,192 SF

      Multifunctional Belton Investment Property

      3.28-acre Belton property with homes, mobile homes, and barn.
      7350 Sparta Rd, Belton, TX 76513
      View Details
    • $1,300,000
      2,105 SF

      Belton Retail/Commercial Opportunity

      Versatile Belton property with office building on 1.26 acres.
      105 Lake Rd, Belton, TX 76513
      View Details
    • $615,000
      18.40 Acres

      Belton, TX Farm and Ranch

      18-acre farm with barndominium, stock tank, and gated entry.
      10881 Fm 439, Belton, TX 76513
      View Details
    • $4,200,000
      1,200 SF

      Boat & RV Storage Facility

      Boat & RV storage facility with expansion potential near I-35.
      1251 Elm Grove Spur, Belton, TX 76513
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Luxury ranch community with spacious lots and panoramic views.
    Where is this residential land & home lot located?
    The property is located at American Dream Way Belton, TX.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Luxury ranch community in Belton, Texas.; - Spacious lots offer room to roam.; - Enjoy panoramic views from your property.
    (254) 541-2410
    Request Owner's contact information
    American Dream Way Belton, TX 76513
    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.
    American Dream Way
    Belton, TX 76513
    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
    American Dream Way Belton, TX 76513
    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

    We can help!
    Listing Contact
    Bret Friemel
    Real Estate License ID: 0608976
    (254) 541-2410
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.