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

    529 -- Skyline Dr Blanco, TX 78606

    View on Map
    Claim this Listing
    For Sale
    $590,000

    Rural Subdivision Lots/Tracts - Rural Subdivision,Gated Subdivision

    Lot size:
    12.97 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    11
    Last Refresh:
    Apr 16 at 10:06 pm

    Property Features for 529 -- Skyline Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Exterior features
    None
    Standard status
    Active
    Lot size
    12.97 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7
    Expense value
    800
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sonny Allen

    Listing agent Sonny Allen

    Listing office Keller Williams Realty - Austin 1801 S. MoPac Exp. Suite 100, Austin, TX

    Listing date Apr 6, 2026

    MLS# 104163 Listing URL

    Copyright © 2026 Central Hill Country 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.

    Overview

    Rural Subdivision Lots/Tracts in Blanco

    This 12.97-acre property, named Skyline Ranch, is located in The 1623 Divide community. The land features views of rolling hills and open sky. Mature trees and native grasses are scattered across the acreage. The property is suited for building a modern Hill Country retreat, a ranch-style home, or a private weekend escape. Deed restrictions are in place to preserve the beauty of the surrounding area, and a gated entry provides privacy. The property is located in the heart of the Texas Hill Country, a short drive from Johnson City, Blanco, and the wineries and dining of Fredericksburg. The property has paved frontage.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Blanco
    County
    Blanco
    State
    Texas
    Longitude
    -98.3984
    Latitude
    30.0977

    Nearby Similar for Sale

    • $675,000

      Prime Commercial Property in Blanco, TX

      Corner lot commercial building with high visibility in Blanco, TX.
      807 -- Main St, Blanco, TX 78606
      View Details
    • $399,000

      Blanco Commercial Land Opportunity

      Prime commercial land in Blanco's downtown shopping district.
      608 -- 4th Street, Blanco, TX 78606
      View Details
    • $360,000

      Blanco Commercial Building For Sale

      Commercial building in Blanco, TX, suitable for various business ventures.
      11 -- Main St, Blanco, TX 78606
      View Details
    • $374,900

      Unrestricted Land Near Highway 281

      5 acres of vacant land suitable for commercial use.
      100 -- Manana, Blanco, TX 78606
      View Details
    • $1,400,000

      Commercial Tract on US Highway

      7.763-acre commercial tract with highway frontage in Blanco, Texas.
      1698 S US Hwy 281, Blanco, TX 78606
      View Details
    • $799,000

      Versatile Blanco Property Near Downtown

      Nearly 1-acre property with commercial or residential potential.
      625 -- Ranch Rd 165, Blanco, TX 78606
      View Details
    • $1,195,000

      Texas Hill Country Riverfront Property

      20.5 acres with Blanco River frontage near Blanco State Park.
      440 -- Chimney Valley Rd, Blanco, TX 78606
      View Details
    • $1,590,000

      Hill Country Ranch Retreat

      53.94-acre ranch with custom home and abundant wildlife.
      582 -- Delaware Creek Rd, Blanco, TX 78006
      View Details
    • $3,595,000

      Texas Hill Country Ranch Retreat

      61-acre ranch with modern home, barns, and recreational amenities.
      2454 -- McKinney Loop, Blanco, TX 78606
      View Details
    • $695,000

      Unrestricted Land in Blanco, Texas

      9.73 acres with highway frontage and utilities in place.
      184 peyton colony, Blanco, TX 78606
      View Details
    • $70,000

      Blanco Land Near Golf Course

      0.38 acre lot in Rockin' J Ranch community.
      207 N Calvin Barrett lot: 220, Blanco, TX 78606
      View Details
    • $70,000

      Residential Land in Rockin' J Ranch

      0.38 acre lot near Vaaler Creek Golf Club.
      207 N Calvin Barrett, Blanco, TX 78606
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 12.97 acre property in The 1623 Divide community.
    Where is this residential land & home lot located?
    The property is located at 529 -- Skyline Dr Blanco, TX.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: Sweeping, captivating views of the Texas Hill Country landscape with stunning sunrises and sunsets.; 13.97 pristine acres in the desirable The 1623 Divide community.; Ideal for building a custom home (Hill Country retreat, ranch, or weekend escape).
    (512) 762-2563
    We can help!
    Listing Contact
    Sonny Allen
    Real Estate License ID: 0299393
    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!