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

    Tbd Cr 321 George West, TX 78022

    Sponsored
    For Sale
    $1,892,332

    Acreage,Land - George West, TX

    Type:Farm
    Lot size:
    363.91 Acres
    Days on Market:
    85
    Last Refresh:
    Jan 29 at 5:06 pm

    Property Features for Tbd Cr 321

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    APN
    617; 257
    Parking features
    Carport
    Lot size
    363.91 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chip Bubela
    Chip Bubela

    Bubela & Associates, Inc. Schulenburg (979) 221-6679 Flatonia (361)741-4890

    Listing agent Chip Bubela (979) 743-4555 License #590779

    Listing date Nov 6, 2025

    MLS# 152989 Listing URL

    Copyright © 2026 South Central Texas 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

    363.91 Acres in Live Oak

    Located at 355 County Road 321, George West, TX 78022, this 363.91-acre tract in Live Oak County presents opportunities for agriculture, recreation, dove and game hunting, or investment. The property is currently cultivated for haygrazer production, benefiting from fertile soil and a favorable climate suitable for farming and ranching. The land features approximately 1,100 feet of road frontage along County Road 321, providing access and visibility. Situated less than 2 miles east of Interstate 37, just south of Oakville, TX, the location combines convenient access to major highways. The fencing is in varying condition, with some areas lacking complete enclosure. An older, currently non-operational water well offers potential for restoration and use. Electrical services are available from San Patricia Electric Cooperative and Central Power and Light. The ecosystem attracts deer, hogs, and doves, making it suitable for hunting and wildlife enthusiasts, with potential revenue generation through dove and other game hunts. With approximately +/- 20 feet of elevation change, the land naturally drains to the exterior sides, ensuring efficient water runoff and a variety of landscape features.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    George West
    County
    Live Oak
    State
    Texas
    Longitude
    -98.048908
    Latitude
    28.416196

    Nearby Similar for Sale

    • $445,000
      1,740 SF

      Highway 59 Commercial Property

      4.51 acres with high-traffic frontage and multiple buildings.
      1200 Highway 59, George West, TX 78022
      View Details
    • $785,000
      9,800 SF

      Versatile Commercial Property in George West

      9800 SF building with office and warehouse space for sale.
      201 Houston St, George West, TX 78022
      View Details
    • $380,000
      1,856 SF

      Renovated Building on Hwy 281

      Newly renovated building in George West, Texas with ample parking.
      302 Nueces St, George West, TX 78022
      View Details
    • $350,000
      5,800 SF

      Downtown George West Office Building

      5,800 SF office building in downtown George West, TX.
      200 Bowie St, George West, TX 78022
      View Details
    • $197,250
      1,100 SF

      Car Wash Business For Sale

      Car wash business for sale on ground lease in George West.
      505 Nueces St, George West, TX 78022
      View Details
    • $445,000

      Highway 59 Commercial Property

      4.51 acres with high visibility and multiple buildings.
      1200 Highway 59, George West, TX 78022
      View Details
    • $4,967,200
      1,200 SF

      South Texas Ranch with Hunting

      High-fenced ranch with diverse brush, abundant wildlife, and improvements.
      817 Highway 59 S, George West, TX 78022
      View Details
    • $1,800,000
      7,774 SF

      George West Warehouse Investment

      7,774 SF warehouse on US-281 in George West, TX.
      3447 Us-281, George West, TX
      View Details
    • $899,000
      9,800 SF

      George West Industrial Property

      9,800 SF Warehouse, Office Space
      201 Houston St, George West, TX 78022
      View Details

    FAQs

    What type of property is this?
    Farm - Land with agricultural and recreational potential near Interstate 37.
    Where is this farm located?
    The property is located at Tbd Cr 321 George West, TX.
    What is the asking price?
    The asking price for this property is $1,892,332.
    What are key features of this property?
    This property features: - Large 363.91-acre tract suitable for agriculture, recreation, hunting, or investment.; - Actively cultivated for haygrazer production with fertile soil and favorable climate.; - Abundant wildlife (deer, hogs, doves) ideal for hunting and potential revenue generation.
    (922) 337-2036
    Request Owner's contact information
    Tbd Cr 321 George West, TX 78022
    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.
    Tbd Cr 321
    George West, TX 78022
    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
    Tbd Cr 321 George West, TX 78022
    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
    Chip Bubela
    Chip Bubela
    Real Estate License ID: 590779
    (922) 337-2036
    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.