Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33734 Hwy, Unit 59 Louise, TX

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $515,000

    Income-producing BBQ shop on 4.18 acres in Louise, Texas.

    Lot size:
    4.18 Acres

    Property Features for 33734 Hwy

    General Information

    Lot size
    4.18 Acres

    We can help!

    Listing Contact
    Beau Harris
    Source: Moodyscre

    Listing Agent: Beau Harris

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

    Learn more

    Overview

    Louise, Texas BBQ Shop

    Located in Louise, Texas, this property features an income-producing BBQ shop, The Mustang Creek BBQ. The property is situated on a 4.18-acre lot with all utilities on-site. This property offers an investment opportunity with room for expansion.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Louise
    County
    Wharton
    State
    Texas
    Longitude
    -96.4033018
    Latitude
    29.1113663

    Nearby Similar for Sale

    • $675,000
      2,000 SF

      Established Auto and Boat Repair

      Profitable business with residence and expansion potential in Louise, TX.
      1112 S Fm 441 Rd, Louise, TX 77455
      View Details
    • $225,000
      1,620 SF

      Louise, TX Office Building

      Office building with acreage and highway access in Louise, TX.
      128 S Fm 441 Rd, Louise, TX 77455
      View Details
    • $525,000

      Louise Farmhouse on 10 Acres

      Farmhouse on 10 acres of pastureland near I-69.
      1964 County Road 309, Louise, TX 77455
      View Details
    • $354,000

      Remodeled Home on 5 Acres

      Remodeled 3/2/2 home on 5 acres in Louise, TX.
      18035 Highway 111 S, Louise, TX 77455
      View Details
    • $1,788,750

      Turnkey 265-Acre Texas Farming Operation

      Productive cropland in thriving agricultural corridor near Ganado, Louise, and El Campo.
      336 County Rd, Louise, TX 77455
      View Details
    • $350,000

      Louise Restaurant and Market For Sale

      Restaurant and market on 0.29 acres, business and real estate.
      1102 W St North, Louise, TX
      View Details
    • $550,000

      Louise, Texas 28-Acre Tract

      28-acre tract with barn, well house, and pond.
      4918 Crk 317, Louise, TX 77455
      View Details
    • $620,000

      Renovated Home on Texas Countryside

      Renovated 4-bedroom home on 17.46 acres with spacious barn.
      2265 County Road 312, Louise, TX 77455
      View Details
    • $1,270,900

      Wooded Property with Creek Access

      Spacious 3-bedroom home on wooded land near Mustang Creek.
      4491 County Road 382, Louise, TX 77455
      View Details
    • $815,280

      Productive Farmland Opportunity

      67.94 acres of farmland cultivated for corn.
      000 County Road 384, Louise, TX 77455
      View Details
    • $250,000
      2.12 Acres

      Louise Commercial Property - 2.12 Acres

      Prime commercial land, office & storage. High-speed internet.
      Fm 441 Rd, Louise, TX 77455
      View Details
    • $375,000
      1,632 SF

      Prime Louise Retail Opportunity

      1,632 SF Restaurant/Market, $375,000
      1102 North St, Louise, TX 77455
      View Details

    FAQs

    What type of property is this?
    Restaurant - Income-producing BBQ shop on 4.18 acres in Louise, Texas.
    Where is this restaurant located?
    The property is located at 33734 Hwy, Unit 59 Louise, TX.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Income-producing BBQ shop (The Mustang Creek BBQ); - Large 4.18-acre lot provides ample room for expansion; - All utilities on-site
    (936) 441-2610
    Request Owner's contact information
    33734 Hwy, Unit 59 Louise, TX
    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.
    33734 Hwy, Unit 59
    Louise, TX
    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
    33734 Hwy, Unit 59 Louise, TX
    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

    We can help!
    Listing Contact
    Beau Harris
    (936) 441-2610
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.