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

    000 Fm 234 Edna, TX 77957

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $727,800

    Productive farmland with active lease near future Interstate 69.

    Type:Land
    Added:
    Apr 27, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 27 at 6:50 am

    Property Features for 000 Fm 234

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Catherine Jones

    Listing agent Catherine Jones

    Listing office

    Listing date Apr 27, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Catherine Jones

    Overview

    Productive Farmland Investment Opportunity

    This productive farmland, cultivated for over six decades, presents an investment opportunity. The land has been used through share cropping arrangements, yielding harvests of corn, maize, and cotton. An active lease is in place. The property is located three miles from the future Interstate 69 corridor and a ten-minute drive from Edna, while Victoria is twenty minutes away. The soil has demonstrated its productivity through generations of successful harvests. This property is suitable for experienced farmers, investors seeking tangible assets, or those with dreams of establishing their own agricultural legacy.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Edna
    County
    Jackson
    State
    Texas
    Longitude
    -96.741324
    Latitude
    28.942549

    Nearby Similar for Sale

    • $499,999
      7,864 SF

      Edna Restaurant on 3.65 Acres

      Restaurant built in 2017 with ample parking on 3.65 acres.
      4232 FM 234, Edna, TX 77957
      View Details
    • $144,000
      1,480 SF

      Live/Work Space on Busy Highway

      Commercial property with office and residential space on 0.23 acres.
      625 S Wells, Edna, TX 77957
      View Details
    • $1,500,000
      753,588 SF

      Prime Commercial Development Opportunity

      1.73 acre corner lot ideal for commercial development.
      907 N East St, Edna, TX 77957
      View Details
    • $795,000

      Prime Development Land, Edna, TX

      17.84 acres with development potential along future I-69 corridor.
      US Hwy 59, Edna, TX 77957
      View Details
    • $552,985

      Productive Land in Edna, TX

      73.243 acres of multi-use land, ready for development.
      R18746 FM 234 N, Edna, TX 77957
      View Details
    • $1,295,000
      566,280 SF

      Income-Producing RV Park Investment

      Established RV park near industrial hubs with income potential.
      87 FM 234 S, Edna, TX 77957
      View Details
    • $646,500

      Edna, TX Commercial Land

      25.86 acre commercial property with development potential in Edna, TX.
      W Main, Edna, TX 77957
      View Details
    • $795,000

      Prime Development Land I-69 Corridor

      17.84 acres in Edna, TX, future I-69 corridor.
      000 US Hwy 59, Edna, TX 77957
      View Details
    • $1,500,000

      Prime Commercial Land in Edna

      1.73 acre corner lot suitable for commercial development.
      907 N. East St, Edna, TX 77957
      View Details
    • $140,000

      Versatile Acreage Near Edna, Texas

      12.64 acre property near Edna, TX, ideal for homesteading.
      County Road 302 lot: 6-7-8, Edna, TX 77957
      View Details
    • $49,999

      Edna, TX Land Opportunity

      Two acre residential land in Industrial School District.
      Tract 4 CR 319, Edna, TX 77957
      View Details
    • $33,900

      Residential Land in Edna, Texas

      Residential land available in Edna, Texas, perfect for new home.
      505 S Wells Street lot: E75, Edna, TX 77957
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Productive farmland with active lease near future Interstate 69.
    Where is this agricultural land / farmland located?
    The property is located at 000 Fm 234 Edna, TX.
    What is the asking price?
    The asking price for this property is $727,800.
    What are key features of this property?
    This property features: Active lease in place provides immediate income generation.; Located 3 miles from the future Interstate 69 corridor, promising significant appreciation.; Productive farmland with over 60 years of successful cultivation history.
    (361) 655-8009
    We can help!
    Listing Contact
    Catherine Jones
    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

    Thank You for Inquiry

    000 Fm 234, Edna, TX 77957

    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!