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    Farmhouse on Manicured Acreage Title is generated by Realmo AI

    1195 County Road 161, Rock Island, TX 77470

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    For Sale
    $548,000

    Residential (farm-ranch),Farm - Rock Island, TX

    Type:Farm
    Property size:
    1,183 SF
    Lot size:
    11.92 Acres
    Price / SF:
    $463/SF
    Added:
    May 15, 2026
    Days on Market:
    3
    Last Refresh:
    May 17 at 8:06 pm

    Property Features for 1195 County Road 161

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Parking features
    Carport
    Vegetation
    Partially Wooded, Wooded
    Exterior features
    Partially Wooded, Well
    Standard status
    Active
    APN
    31696/95248
    Size
    1,183 SF
    Lot size
    11.92 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1900
    Year renovated
    1900
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Gary Helmcamp

    Listing agent Gary Helmcamp License #461405

    Listing office TRI-COUNTY REALTY, LLC 707 S. Eagle, Weimar, TX

    Listing date May 15, 2026

    MLS# 156211 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

    • 11.92 manicured acres with scattered live oaks, pond, and wildlife.
    • Large metal workshop (approx. 50'x100') with 4 bay doors, rustic entertaining area, 1/2 bath, and upstairs living quarters.
    • Ag exemption and perimeter fencing.
    • Charming 1900 farmhouse (approx. 1183 sq ft) with 2 bedrooms, 2 baths, and front/side porch.
    • Opportunity to build a dream home and use the farmhouse as a guest house.
    • Convenient access to Eagle Lake, Columbus, Hallettsville, Austin, and Houston.

    Overview

    This property features a charming farmhouse, built in 1900, offering approximately 1183 sq ft of living space on 11.92 manicured acres. The farmhouse includes a living room, an efficient farm-style kitchen, a dining room, two bedrooms, and two bathrooms, all finished in neutral colors. A front and side porch provides space to enjoy the surrounding wildlife, sunrises, and sunsets. A metal workshop, approximately 50 feet by 100 feet, includes four bay doors, a rustic entertaining area with a bar, a half bath downstairs, and upstairs living quarters with a kitchenette, full bathroom, and laundry area. The workshop offers ample storage space for an RV, antique cars, and a tractor. The property also features over 100 scattered live oak trees, 14 water spigots, a cistern, perimeter fencing, an existing slab, a pond, and an ag exemption. The land is suitable for building a dream home while using the existing farmhouse as a guest home. The property is located approximately 15 miles from Eagle Lake, 20 miles from Columbus, 30 miles from Hallettsville, 82 miles from Austin and 87 miles from Houston.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Rock Island
    County
    Colorado
    State
    Texas
    Longitude
    -96.5753
    Latitude
    29.5305

    FAQs

    What type of property is this?
    Farm - Charming farmhouse on 11.92 acres with metal workshop.
    Where is this farm located?
    The property is located at 1195 County Road 161 Rock Island, TX.
    What is the asking price?
    The asking price for this property is $548,000.
    What are key features of this property?
    This property features: 11.92 manicured acres with scattered live oaks, pond, and wildlife.; **Large metal workshop (approx. 50'x100') with 4 bay doors, rustic entertaining area, 1/2 bath, and upstairs living quarters.**; Ag exemption and perimeter fencing.
    (979) 725-6006
    We can help!
    Listing Contact
    Gary Helmcamp
    Real Estate License ID: 461405
    Learn More
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    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
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