Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot Near Mason Schools Title is generated by Realmo AI

    Wilson Ave lot 3, Mason, TX 76856

    View on Map
    Claim this Listing
    For Sale
    $45,000

    LAND - Mason, TX

    Lot size:
    0.24 Acres
    Added:
    Nov 13, 2025
    Days on Market:
    199
    Last Refresh:
    May 31 at 7:06 pm

    Property Features for Wilson Ave lot 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-2
    Standard status
    Active
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    580

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Rhea Van Delist
    Rhea Van Delist

    Listing agent Rhea Van Delist

    Listing office Vista Realty 144 Clemens Ave, New Braunfels, TX

    Listing date Nov 13, 2025

    MLS# 99147 Listing URL

    Copyright © 2026 Central Hill Country 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

    • Prime Location: Close to award‑winning Mason schools, Ft Mason, public library/city pool, and downtown Mason.
    • City Utilities: Benefit from readily available public water and sewer services.
    • Level Lot: .24 acre level lot, ideal for building.
    • Privacy Fencing: Partially fenced for enhanced privacy.
    • Build‑Ready: Ready for new home construction.
    • Convenient Access: Easy access to amenities and services.

    Overview

    This residential lot is located in Mason, Texas, near Mason schools, Fort Mason, the public library, and the city pool, with downtown Mason nearby. The property is a level lot of 0.24 acres. It is privacy fenced on two sides and has all city utilities. The property is zoned R-2 and suitable for building a new home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mason
    County
    Mason
    State
    Texas
    Longitude
    -99.2345064
    Latitude
    30.7415177

    Nearby Similar for Sale

    • $125,000
      450 SF

      Downtown Mason Commercial Opportunity

      Commercial property in the heart of downtown Mason, Texas.
      112 Broad, Mason, TX 76856-9999
      View Details
    • $369,500

      Commercial Opportunity Near Mason Square

      Commercial property with income potential near Mason Square in Mason, TX.
      449 Fort McKavitt, Mason, TX 76856
      View Details
    • $390,000

      Established Mechanic Shop in Mason

      Turnkey mechanic shop with equipment on Koocksville Road.
      1208 Koocksville Road, Mason, TX 76856
      View Details
    • $900,000
      6,000 SF

      Historic Town Square Commercial Gem

      Versatile commercial space with apartment in historic Mason, TX.
      228 Fort McKavitt, Mason, TX 76856
      View Details
    • $125,000

      Downtown Mason Commercial Opportunity

      Commercial property in the heart of downtown Mason, Texas.
      112 Broad St, Mason, TX 76856
      View Details
    • $1,200,000

      Boutique Hotel in Mason, Texas

      Charming boutique hotel with eight bedrooms in Mason, Texas.
      226 Fort McKavitt, Mason, TX 76856
      View Details
    • $389,000
      2,400 SF

      Mason Commercial Property with Income

      Commercial property with income potential and multiple structures in Mason.
      1211 Fort McKavitt, Mason, TX 76856
      View Details
    • $199,000

      Mason, TX Land Parcel

      10.2 acres in Mason County, ideal for recreation/residential use.
      406 Airport Rd, Mason, TX 76856
      View Details
    • $744,500

      Unimproved Land Near Downtown Mason

      45.09 acres of land, 18 miles from downtown Mason.
      Tbd Starks Road, Mason, TX 76856
      View Details
    • $220,000
      1,200 SF

      Historic Mason Commercial Opportunity

      Historic property with commercial building and residential potential.
      611 Fort McKavitt, Mason, TX 76856
      View Details
    • $549,000
      2,638 SF

      Mason, Texas Single-Story Home

      Charming home with custom finishes and Hill Country views.
      800 Steapp Lane, Mason, TX 76856
      View Details
    • $1,087,500

      Versatile Ranch in Mason County

      75-acre ranch with ranching, recreational, and development potential.
      509 Sandy Lane Rd, Mason, TX 76856
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - City lot near schools, library, and downtown Mason.
    Where is this residential land & home lot located?
    The property is located at Wilson Ave lot 3 Mason, TX.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Prime Location: Close to award‑winning Mason schools, Ft Mason, public library/city pool, and downtown Mason.; City Utilities: Benefit from readily available public water and sewer services.; Level Lot: .24 acre level lot, ideal for building.
    (512) 468-4090
    We can help!
    Listing Contact
    Rhea Van Delist
    Rhea Van Delist
    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
    Wilson Ave lot: 3, Mason, TX 76856
    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!