Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Saddle Ridge Dr. Bertram, TX 78605

    View on Map
    Claim this Listing
    For Sale
    $270,000

    LAND - Bertram, TX

    Lot size:
    12.06 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 17 at 3:06 am

    Property Features for Saddle Ridge Dr.

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    109069
    Lot size
    12.06 Acres

    Taxes and HOA fees

    Tax Description
    Lot 1, Phase 1, 12.06 acres, The Ranches at Canyon Creek, Burnet County, TX

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Lynnard Nobles

    Listing agent Lynnard Nobles License #0231173

    Listing office Jim Berry Hill Ctry Rnch Sales 503 S Water Street, Burnet, TX

    Listing date Apr 3, 2026

    MLS# 177340 Listing URL

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bertram, TX Land For Sale

    This property features 12.06 acres of land on a paved private road. It is located in Bertram, Texas, in Burnet County. The site is suitable for a homesite and includes trees and hill country views. It is part of a gated development with protective covenants and is wildlife management exempt, taxed at ag values.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Bertram
    County
    Burnet
    State
    Texas
    Longitude
    -98.043
    Latitude
    30.7452

    Nearby Similar for Sale

    • $599,000
      1,976 SF

      Texas Ranch Retreat with Tank

      13.92 acre Bertram ranch with a spring-fed tank.
      3320 E Fm 243, Bertram, TX 78605
      View Details
    • $2,695,000

      Bertram, TX Land For Sale

      68.77 acres of fenced land with home and outbuildings.
      104 County Road 213, Bertram, TX 78605
      View Details
    • $2,695,000

      Bertram Ranch with Workshop

      Well-kept ranch featuring a workshop, garages, and storm shelter.
      104 County Road 213, Bertram, TX 78605
      View Details
    • $195,000

      Texas Hill Country Homesite

      3+ acre lot with water well and Hill Country views.
      Cr 252 lot: 30, Bertram, TX 78605
      View Details
    • $47,000

      Scenic 1.72 Acre Corner Lot

      Corner lot with views in gated Whitewater Springs community.
      Woodhollow Dr lot: 249, Bertram, TX 78605
      View Details
    • $612,920

      21.89 Acres in Bertram, Texas

      Unrestricted 21.89-acre tract with utilities in Bertram, Texas.
      3205 CR 211, Bertram, TX 78605
      View Details
    • $450,000

      Unrestricted 12-Acre Land in Bertram

      12 acres between Bertram & Burnet with no restrictions!
      Cr 304, Bertram, TX 78605
      View Details
    • $200,000

      2.5 Acre Wooded Homesite

      2.5 acre wooded lot, manufactured homes welcome, electric at road.
      Lot 9 Misty Woods, Bertram, TX 78605
      View Details
    • $899,000

      Bertram Commercial Property on Highway

      Prime location with high visibility and light industrial zoning.
      410 Brooksmll Rd, Bertram, TX 78605
      View Details
    • $4,200,000
      3,804 SF

      Hill Country Sanctuary Near Bertram

      Unique earth-sheltered home on 43+ acres with potential vineyard.
      510 Herrin Lane, Bertram, TX 78605
      View Details
    • $1,499,000

      Unrestricted Land in Bertram, Texas

      54 acres with utilities, oaks, and panoramic views.
      County Road 326, Bertram, TX 78605
      View Details
    • $500,000
      3,804 SF

      16 Acres of Texas Land

      Unimproved land in Burnet County, ideal for custom home.
      Herrin Lane, Bertram, TX 78605
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 12+ acre homesite in gated community near Bertram, Texas.
    Where is this agricultural land / farmland located?
    The property is located at Saddle Ridge Dr. Bertram, TX.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: 12‑acre homesite with breathtaking hill country views.; Located in a gated development with protective covenants.; Wildlife management exempt.
    (830) 798-5145
    We can help!
    Listing Contact
    Lynnard Nobles
    Real Estate License ID: 0231173
    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!