Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Heavily Wooded Land in New Ulm Title is generated by Realmo AI

    TBD Farm To Market Road 109, New Ulm, TX 78950

    View on Map
    Claim this Listing
    For Sale
    $495,000

    Acreage,Land - New Ulm, TX

    Type:Farm
    Lot size:
    14.94 Acres
    Added:
    Feb 5, 2026
    Days on Market:
    113
    Last Refresh:
    May 29 at 4:06 pm

    Property Features for TBD Farm To Market Road 109

    General Information

    Property type
    Land
    Property subtype
    Farm
    Parking features
    Carport
    Vegetation
    Heavily Wooded, Wooded
    Exterior features
    Heavily Wooded
    Standard status
    Active
    APN
    R28547
    Lot size
    14.94 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Claire Zapalac

    Listing agent Claire Zapalac License #782446

    Listing office ROUND TOP REAL ESTATE 101 Main St., ROUND TOP, TX

    Listing date Feb 5, 2026

    MLS# 154945 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.

    HighLights

    • Nearly 15 acres of land
    • Heavily wooded property offers a peaceful and private setting
    • Located in New Ulm, Texas
    • Ideal for homesite, recreation, or investment
    • Carport parking

    Overview

    This property features nearly 15 acres of heavily wooded land located in New Ulm, Texas, situated just off FM 109. The site offers a peaceful and private setting characterized by abundant natural beauty. It is suitable for a homesite, recreational use, or future investment. The lot size is 14.939 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    New Ulm
    County
    Austin
    State
    Texas
    Longitude
    -96.508888
    Latitude
    29.879899

    Nearby Similar for Sale

    • $925,000
      4,072 SF

      New Ulm Country Manor Home

      Grand country home with pond, porches, and fireplaces on acreage.
      1263 Weishuhn Road, New Ulm, TX 78950
      View Details
    • $2,450,000
      2,768 SF

      New Ulm Ranch with Guest House

      76.8-acre ranch featuring a main house and guest house.
      4836 Beeler Road, New Ulm, TX 78950
      View Details
    • $3,400,000
      2,521 SF

      Exceptional Equestrian Estate on 85 Acres

      Premier equestrian estate with refined country living and premier functionality.
      1325 Stalmach Road, New Ulm, TX 78950
      View Details
    • $849,000
      2,303 SF

      Refined Hill Country Living

      Remodeled residence in New Ulm with resort-style backyard oasis.
      404 Saint Andrews Drive, New Ulm, TX 78950
      View Details
    • $1,721,213

      New Ulm Ranch with Lakes

      82+ acre ranch featuring rolling hills, lakes, and panoramic views.
      4425 Franke Road, New Ulm, TX 78950
      View Details
    • $1,950,000

      Texas Rural Acreage For Sale

      118.745 acres of rural Texas land for sale.
      6717 Prihoda Road, New Ulm, TX 78950
      View Details
    • $460,000
      1,900 SF

      New Ulm Country Home

      Charming 3 bed, 3 bath home on 1.497 acres.
      1031 Mcelroy Lane, New Ulm, TX 78950
      View Details
    • $875,000

      Texas Land with RV Hookups

      35-acre land near Frelsburg, TX, with utilities.
      1505 McElroy Lane, No City, TX 78950
      View Details
    • $549,000

      5-Acre Country Living Property

      3-bedroom, 2-bath residence with barn on 5 acres.
      6234 Prihoda Rd, New Ulm, TX 78950
      View Details
    • $135,000

      New Ulm Land For Sale

      1.5 - 2 acre land parcel in New Ulm, TX.
      0 Squirrel Rd, New Ulm, TX 78950
      View Details
    • $625,000
      2,400 SF

      New Ulm Acre with Historic Home

      Spacious 3/3 home on unrestricted acre in New Ulm.
      235 Hickory St, New Ulm, TX 78950
      View Details
    • $805,000

      35 Acres of Versatile Land

      35-acre property perfect for farming, ranching, or building.
      Tract 3- TBD Kleihege Road, New Ulm, TX 78950
      View Details

    FAQs

    What type of property is this?
    Land - 14.939 acres of wooded land ideal for homesite.
    Where is this land located?
    The property is located at TBD Farm To Market Road 109 New Ulm, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Nearly 15 acres of land; Heavily wooded property offers a peaceful and private setting; Located in New Ulm, Texas
    (979) 249-5732
    We can help!
    Listing Contact
    Claire Zapalac
    Real Estate License ID: 782446
    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 Farm To Market Road 109, New Ulm, TX 78950
    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!