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

    NW Us Highway 377, Unit 1 Rocksprings, TX 78880

    Sponsored
    For Sale
    $215,000

    LAND - Rocksprings, TX

    Lot size:
    25.66 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 6 at 10:06 pm

    Property Features for NW Us Highway 377

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Lot size
    25.66 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Sandra Castillo

    eXp Realty LLC / Tinsley Realty Group (888) 519-7431

    Listing agent Sandra Castillo (361) 945-8634

    Listing date Feb 4, 2026

    MLS# 122406

    Copyright © 2026 Kerrville 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.

    Learn more

    Overview

    Rocksprings Hunting and Recreational Land

    This 25.66-acre property, situated in Axis Draw Ranch, approximately 14 miles west of Rocksprings, TX, is suitable for hunting and outdoor recreation. The land features a metal building, one blind, and two feeders, all included in the sale, along with a water storage tank. A community well provides water access for property owners. The property's landscape includes a mix of Oaks, Mesquite, Mountain Laurel, and Cedar, creating a habitat for Whitetail Deer, Elk, Fox, Turkey, Dove, and Hogs. The hilltop blind offers a 275 to 350-yard line of sight with open senderos. The property has an ag-exemption in place, which results in low property taxes, and there is potential for cattle grazing. The terrain is gently rolling and accessible via cleared roads suitable for 2-wheel drive vehicles. The property is low-fenced along the frontage and right side and borders a large ranch. The property is located on NW Hwy 377.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Rocksprings
    County
    Edwards
    State
    Texas
    Longitude
    -100.2053582
    Latitude
    30.0157647

    Nearby Similar for Sale

    • $800,000
      13,812 SF

      Versatile Lumber Warehouse on City Block

      Expansive warehouse with retail section in high-visibility location.
      301 W Main St, Rocksprings, TX 78880
      View Details
    • $1,500,000

      Rocksprings Lodge with Expansive Views

      425+ acre lodge with views, pool, and wildlife.
      1479 Sd 65035, Rocksprings, TX 78880
      View Details
    • $950,000

      Exotic Ranch Breeding Operation

      Turn-key exotic ranch in Rocksprings, Texas, ready for seamless transition.
      988 Sd 71600, Rocksprings, TX 78880
      View Details
    • $234,000

      100+/- Acre Ranch in Rocksprings

      Unique Texas Hill Country property with diverse trees and wildlife.
      Sd63538, Rocksprings, TX 78880
      View Details
    • $284,000

      Edwards County Land with Oak Trees

      95.33 acres in Rocksprings, Texas with diverse landscapes.
      29 Oak Bnd, Rocksprings, TX 78880
      View Details
    • $989,500

      Rocksprings Farm and Ranch Land

      Farm and ranch land available in Rocksprings, Texas.
      12995 Hackberry Rd, Rocksprings, TX 78880
      View Details
    • $1,150,000

      Rocksprings Agricultural Property For Sale

      Agricultural property available in Rocksprings, Texas.
      1922 Sd 65071, Rocksprings, TX 78880
      View Details
    • $1,995,000

      Rocksprings Farm and Ranch Land

      Farm and ranch land available in Rocksprings, Texas.
      14910 Bullhead Rd, Rocksprings, TX 78880
      View Details
    • $439,000

      Rocksprings Farm and Ranch Land

      Farm and ranch land available in Rocksprings, Texas.
      3190 Sd 24910, Rocksprings, TX 78880
      View Details
    • $699,000

      Rocksprings Agricultural Property for Sale

      Agricultural property available in Rocksprings, Texas.
      527 Sd 74100, Rocksprings, TX 78880
      View Details
    • $95,000

      Rocksprings Agricultural Land For Sale

      Agricultural land available in Rocksprings, Texas.
      74200 Sd, Rocksprings, TX 78880
      View Details
    • $654,000

      Rocksprings Farm For Sale

      Farm and agricultural property located in Rocksprings, Texas.
      2733 Private Rd, Rocksprings, TX 78880
      View Details

    FAQs

    What type of property is this?
    Hunting land - 25.66 acres of prime hunting land near Rocksprings, Texas.
    Where is this hunting land located?
    The property is located at NW Us Highway 377, Unit 1 Rocksprings, TX.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - 25.66-acre hunter's paradise in Axis Draw Ranch, abundant with Whitetail Deer, Elk, Fox, Turkey, Dove, and Hogs.; - Includes metal building, 1 blind, 2 feeders, and water storage tank.; - Community well provides water access.
    (361) 945-8634
    Request Owner's contact information
    NW Us Highway 377, Unit 1 Rocksprings, TX 78880
    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.
    NW Us Highway 377, Unit 1
    Rocksprings, TX 78880
    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
    NW Us Highway 377, Unit 1 Rocksprings, TX 78880
    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
    Sandra Castillo
    (361) 945-8634
    Learn more
    Google sign-in failed. Please try again or use another login method.