Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    11 Acres of Texas Countryside Title is generated by Realmo AI

    Tbd 11 Acres Battle Lake Road, Mart, TX 76664

    View on Map
    Claim this Listing
    New
    For Sale
    $139,900

    Unimproved Land - Mart, TX

    Type:Unimproved Land
    Lot size:
    11.00 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 9:06 am

    Property Features for Tbd 11 Acres Battle Lake Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    00000
    Lot size
    11.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Mann

    Listing agent John Mann License #0791810

    Listing office EG Realty 2201 Washington Ave., Waco, TX

    Listing date Jun 1, 2026

    MLS# 21175184 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

    • 11‑acre property ideal for building a home and enjoying country living.
    • Conveniently located less than 20 minutes from Waco.
    • Mostly flat land with gentle rolling terrain offers multiple homesite options.
    • Utilities are available near the front of the property.
    • Property sits on an improved road.
    • Fenced perimeter.

    Overview

    This 11-acre property on Battle Lake Rd presents an opportunity to own a piece of Texas countryside. It is suitable for building a home, keeping animals, or enjoying extra space. The property features mostly flat land with some gentle rolling terrain, providing several homesite options and ease of use. Utilities are available near the front of the property, requiring extension to the preferred homesite. Located less than 20 minutes from Waco, the property offers privacy and quiet while maintaining quick access to town.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mart
    County
    McLennan
    State
    Texas
    Longitude
    -96.885689
    Latitude
    31.543089

    Nearby Similar for Sale

    • $1,749,000
      2,609 SF

      Mart, TX Ranch Living

      253+ acre ranch with home, shop, and creek.
      375 Lcr 358, Mart, TX 76664
      View Details
    • $479,900
      1,960 SF

      Remodeled Home on Fenced Acres

      20-acre farm/ranch featuring a remodeled home and metal shop.
      7390 W hwy 164, Mart, TX 76687
      View Details
    • $129,000

      Office Space in Mart, TX

      Office space for sale in Mart, Texas.
      401 S Main Street, Mart, TX 76664
      View Details
    • $105,000

      Land Available Near Waco

      Spacious lot in Mart, Texas, 20 minutes from Waco.
      Tbd E Cowan, Mart, TX 76664
      View Details
    • $197,900

      Scenic Land with Seasonal Creek

      8.28 acres of fenced land with water meter.
      7546 W HWY 164, Mart, TX 76664
      View Details
    • $499,900

      Mart, TX 47-Acre Land

      47-acre property with improved pasture, ponds, and homesite.
      1258 Steinke Road, Mart, TX 76664
      View Details
    • $334,900

      33.57 Acres of Texas Countryside

      Unimproved land suitable for building, livestock, or recreation.
      Tbd 33.57 Acres Battle Lake Road, Mart, TX 76664
      View Details
    • $350,000

      79 Acres of Texas Land

      79 acres near Mart, TX, with cropland, pasture, and woods.
      Tbd W State Highway 164, Mart, TX 76664
      View Details
    • $70,000

      2.6 Acres in Mart ISD

      2.6 acre lot with home needing significant repairs.
      498 Calvery Eskew Road, Mart, TX 76664
      View Details
    • $65,000

      Land Available in Mart, Texas

      Spacious land in Mart, Texas, near Waco.
      Tbd E Cowan Street, Mart, TX 76664
      View Details
    • $318,000

      Industrial Property in Mart, Texas

      Industrial property for sale in Mart, Texas, McLennan County.
      106 N Front Street, Mart, TX 76664
      View Details
    • $35,000

      Double Lot in Mart, TX

      0.35-acre double lot perfect for building your dream home.
      509 Navarro Avenue, Mart, TX 76664
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved 11-acre land near Waco, ideal for building.
    Where is this land located?
    The property is located at Tbd 11 Acres Battle Lake Road Mart, TX.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: 11‑acre property ideal for building a home and enjoying country living.; Conveniently located less than 20 minutes from Waco.; Mostly flat land with gentle rolling terrain offers multiple homesite options.
    (254) 218-4220
    We can help!
    Listing Contact
    John Mann
    Real Estate License ID: 0791810
    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
    Tbd 11 Acres Battle Lake Road, Mart, TX 76664
    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!