Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Wildlife Preservation Community Title is generated by Realmo AI

    High Point Drive lot 153, Kempner, TX 76539

    View on Map
    Claim this Listing
    For Sale
    $98,732

    LAND - Kempner, TX

    Lot size:
    5.82 Acres
    Added:
    Dec 6, 2023
    Days on Market:
    884
    Last Refresh:
    May 8 at 10:06 pm

    Property Features for High Point Drive lot 153

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    118113
    Lot size
    5.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S7299 RIVER HILLS RANCHES LOT 153, PHASE 2A, 5.82
    Tax Annual Amount
    471

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Heath Griffing
    Heath Griffing

    Listing agent Heath Griffing License #0614058

    Listing office 2TX Realty PO Box 874 Heath Griffing, TX

    Listing date Dec 6, 2023

    MLS# 528435 Listing URL

    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.

    HighLights

    • Seller financing available.
    • Located within a 1000+ acre high‑fenced wildlife preservation community.
    • Tiny homes and other creative home designs are approved.
    • Access to community amenities including equestrian trails and a fishing pond.
    • Abundant wildlife, including exotic deer, antelope, and sheep.
    • One hour from Austin.

    Overview

    Located one hour northwest of Austin, this 5.82-acre lot is situated within a 1000+ acre high-fenced wildlife preservation community. The property offers views of rolling hills, trees, and meadows. It is located in River Hill Ranch, a community with equestrian trails, a fishing pond, and wildlife areas inhabited by wild exotics such as deer, blackbuck antelope, big horn sheep, and axis deer. The lot allows for the construction of tiny homes and other creative home designs. The location provides access to outdoor recreational activities at nearby parks and lakes, as well as dining and entertainment options in surrounding areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kempner
    County
    Lampasas
    State
    Texas
    Longitude
    -98.0007
    Latitude
    31.0791

    Nearby Similar for Sale

    • $560,000
      5,824 SF

      Kempner Multifamily Investment Opportunity

      Six well-maintained homes on almost 1.5 acres in Kempner, TX.
      237 Signal Street, Kempner, TX 76539
      View Details
    • $125,000

      Kempner, TX Acreage Homesite

      1.33-acre homesite in Kempner, Texas with mature trees.
      825 County Road 3350, Kempner, TX 76539
      View Details
    • $624,900

      Highway Frontage Commercial Development Opportunity

      Commercial land with highway frontage and railroad access.
      E US Highway 190, Kempner, TX 76539
      View Details
    • $129,900

      Kempner, TX Wildlife Haven Land

      Hill Country property with cabin, river access, and diverse wildlife.
      107 Estates Dr, Kempner, TX 76539
      View Details
    • $199,000

      Kempner, TX 10-Acre Land

      10 acres of land in Lampasas ISD near Copperas Cove.
      690-b County Road 4707, Kempner, TX 76539
      View Details
    • $139,000

      Kempner Land with Highway Access

      5.25 acres in Kempner, TX, near Hwy 190.
      CR 3390, Kempner, TX 76539
      View Details
    • $1,285,000

      Lampasas County Ranch with Improvements

      85.55 acre ranch with infrastructure and recreational appeal.
      391 County Road 4717, Kempner, TX 76539
      View Details
    • $366,500

      Picturesque Land with Workshop

      15.68 acres with utilities, workshop, and convenient location.
      11990 E FM 580, Kempner, TX 76550
      View Details
    • $120,000

      Kempner, TX 5.01-Acre Homesite

      5.01-acre homesite in gated Cottonwood Mesa community.
      Cottonwood Mesa Drive lot: 4, Kempner, TX 76539
      View Details
    • $120,000

      5.01 Acres in Gated Community

      Homesite in gated community with utilities and panoramic views.
      Cottonwood Mesa Drive lot: 5, Kempner, TX 76539
      View Details
    • $240,000

      Kempner, TX 10-Acre Homesite

      10-acre homesite in Whitetail Ridge, Kempner, TX.
      1060 Whitetail Ridge Drive lot: 41, Kempner, TX 76549
      View Details
    • $37,000

      Kempner, TX Unimproved Rural Land

      2.04 acre vacant lot in rural north Kempner, Texas.
      731 County Road 3372, Kempner, TX 76539
      View Details

    FAQs

    What type of property is this?
    Land - 5.82 acre lot in Kempner, TX with seller financing.
    Where is this land located?
    The property is located at High Point Drive lot 153 Kempner, TX.
    What is the asking price?
    The asking price for this property is $98,732.
    What are key features of this property?
    This property features: Seller financing available.; Located within a 1000+ acre high‑fenced wildlife preservation community.; Tiny homes and other creative home designs are approved.
    (254) 624-0007
    We can help!
    Listing Contact
    Heath Griffing
    Heath Griffing
    Real Estate License ID: 0614058
    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

    Thank You for Inquiry
    High Point Drive lot: 153, Kempner, TX 76539
    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!