Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land in Axtell, TX Title is generated by Realmo AI

    Tbd E Old Axtell Road, Axtell, TX 76624

    View on Map
    Claim this Listing
    For Sale
    $249,999

    Unimproved Land - Axtell, TX

    Type:Unimproved Land
    Lot size:
    1.72 Acres
    Added:
    Oct 26, 2025
    Days on Market:
    218
    Last Refresh:
    May 31 at 2:06 am

    Property Features for Tbd E Old Axtell Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    124018000001000
    Lot size
    1.72 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tamarah Sharp

    Listing agent Tamarah Sharp License #749598

    Listing office Homestead & Ranch Real Estate 193 Ranchers Club Ln, CAMP WOOD, TX

    Listing date Oct 26, 2025

    MLS# 21096876 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Unrestricted land offering versatile use.
    • Prime location in the heart of Axtell, providing great visibility and easy access.
    • Situated next door to a fitness facility.
    • Across the street from the Axtell Store, community park, and fire department.
    • Close proximity to the school.
    • Located in a growing community.

    Overview

    This 1.716-acre property is located in Axtell, McLennan County, Texas. The land is unrestricted and situated next to a fitness facility, across from the Axtell Store, community park, and fire department. It is also in close proximity to the school. The property offers great visibility and easy access within a growing community. Its versatile setting makes it suitable for commercial use, investment, residential purposes, or future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Axtell
    County
    McLennan
    State
    Texas
    Longitude
    -96.97089667
    Latitude
    31.65667767

    Nearby Similar for Sale

    • $1,975,000
      1,600 SF

      Axtell Ranch with Private Lake

      Pristine 148-acre ranch featuring a 25-acre stocked lake.
      3096 Happy Swaner Lane, Axtell, TX 76624
      View Details
    • $399,900
      1,050 SF

      Versatile Property with Multiple Living Spaces

      1.5-acre property featuring three separate living spaces in Axtell, TX.
      112 Woodlake Lane, Axtell, TX 76624
      View Details
    • $175,000

      Commercial Property on High-Traffic Highway

      Versatile commercial property with high visibility and mixed-use potential.
      1469 Highway 31, Axtell, TX 76624
      View Details
    • $893,917

      Axtell, TX Improved Land

      85.135 acres in Hill & McLennan County Line.
      9784 County Line South, Axtell, TX 76624
      View Details
    • $249,999

      Unrestricted Land in Growing Axtell

      1.663 acres of unrestricted land perfect for business or investment.
      1317 Longhorn Parkway, Axtell, TX 76624
      View Details
    • $142,000

      Axtell, TX 10-Acre Land Parcel

      10+ acres in Axtell ISD with stock tank.
      Tbd1 OLD AXTELL Road, Axtell, TX 76624
      View Details
    • $189,500

      Axtell, TX Land with Utilities

      5.5 acres in Axtell ISD with utilities and storage shed.
      1430 Bays Road, Axtell, TX 76624
      View Details
    • $750,000

      Undeveloped Land Near Waco

      39.93 acres of land ideal for recreation or residential use.
      1234 Kirkland Hill Road, Axtell, TX 76624
      View Details
    • $115,000

      Axtell, TX 5.12-Acre Land

      5.12 acres in Axtell ISD, ideal for country living.
      221 Bays Road, Axtell, TX 76624
      View Details
    • $420,000
      1,988 SF

      Scenic Acres in Axtell ISD

      28 acres in Axtell ISD, perfect for your dream home.
      980 N League Ranch Road, Axtell, TX 76705
      View Details
    • $199,500

      Commercial Lot with Highway Exposure

      Prime 0.73-acre commercial lot with building in Axtell, Texas.
      Tbd Hwy 84 Highway, Axtell, TX 76624
      View Details
    • $199,999

      Axtell Land in Prime Location

      4+ acres in Axtell, convenient to schools, stores, and Waco.
      194 S 5th Street, Axtell, TX 76624
      View Details

    FAQs

    What type of property is this?
    Land - Unrestricted land ideal for commercial, investment, residential, or future development.
    Where is this land located?
    The property is located at Tbd E Old Axtell Road Axtell, TX.
    What is the asking price?
    The asking price for this property is $249,999.
    What are key features of this property?
    This property features: Unrestricted land offering versatile use.; Prime location in the heart of Axtell, providing great visibility and easy access.; Situated next door to a fitness facility.
    (512) 466-1460
    We can help!
    Listing Contact
    Tamarah Sharp
    Real Estate License ID: 749598
    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
    Tbd E Old Axtell Road, Axtell, TX 76624
    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!