Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land Near Lake Somerville Title is generated by Realmo AI

    0 Iron Bridge Road Rd, Burton, TX 77835

    View on Map
    Claim this Listing
    For Sale
    $188,000

    3.05 acres of unrestricted land near Lake Somerville.

    Type:Farm and Ranch Properties
    Lot size:
    3.05 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    186
    Last Refresh:
    May 11 at 12:36 am

    Property Features for 0 Iron Bridge Road Rd

    General Information

    Standard status
    Active
    Lot size
    3.05 Acres
    Property subtype
    Farm and Ranch Properties

    We can help!

    Listing Contact
    Ruby McCullough

    Listing agent Ruby McCullough License #0343872

    Listing office McKenzie Banks Real Estate, LLC

    Listing date Nov 27, 2025

    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 McKenzie Banks Real Estate, LLC

    HighLights

    • Versatile 3.05‑acre tract ideal for residential or commercial development.
    • Conveniently located near Lake Somerville and Burton.
    • Easily accessible to Houston, Austin, and Bryan‑College Station.
    • Close proximity to Round Top, known for antique festivals, shopping, and dining.
    • Ideal for a permanent residence or weekend getaway.
    • Last remaining tract in the area.

    Overview

    This is approximately 3.05 acres of unrestricted land situated near Lake Somerville. The property holds potential for development, appealing to a variety of uses, including a permanent residence or a weekend getaway. It is located 10 minutes from Lake Somerville and 15 minutes from Burton (Hwy 290), and approximately a 1.5-hour drive to Houston and Austin. Bryan-College Station is a 1-hour drive, and Round Top is approximately 20 minutes away. This property provides possibilities for peaceful retreats to thriving commercial ventures. Mineral rights will not be conveyed.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Burton
    County
    Washington
    State
    Texas
    Longitude
    -96.6107
    Latitude
    30.1727

    Nearby Similar for Sale

    • $900,000
      5,217 SF

      Burton Landmark Commercial Property

      Versatile commercial property with two turn-key businesses in Burton, TX.
      12390 FM 390 Road W, Burton, TX 77835
      View Details
    • $1,195,000
      1,971 SF

      Burton, TX Farm Retreat

      Private retreat near Round Top with main cottage and cabins.
      10900 Mayer Cemetery Road, Burton, TX 77835
      View Details
    • $2,999,999
      2,000 SF

      74-Acre Farm with Casita

      Unique farm property with casita near Round Top.
      1905 Century Farms Road, Burton, TX 77835
      View Details
    • $345,000
      867 SF

      Burton, TX Farmhouse on Acreage

      Charming 3-bedroom farmhouse on 2.03 acres in Burton, TX.
      2603 Mcnelly Lane, Burton, TX 77835
      View Details
    • $1,045,000
      2,497 SF

      Burton, TX Farm with Shop

      15-acre farm with pecan grove, pond, and 40x40 shop.
      775 Century Farms Road, Burton, TX 77835
      View Details
    • $849,000
      1,493 SF

      Farmhouse with Guest House and Barn

      Charming remodeled farmhouse with guest house and barn on 11+ acres.
      1155 Lomax Harmel Road, Burton, TX 77835
      View Details
    • $900,000

      Burton Landmark Commercial Opportunity

      Turn-key businesses in the heart of Burton, Texas.
      12390 FM 390 Rd W, Burton, TX 77835
      View Details
    • $2,375,000

      Scenic Washington County Land

      86.48 acres in Burton, TX with exceptional views.
      5005 Fuchs Road, Burton, TX 77835
      View Details
    • $1,650,000
      1,800 SF

      Prime Land Near Round Top

      27-acre property ideal for commercial, recreational, or agricultural use.
      493 Hodde Road, Burton, TX 77835
      View Details
    • $849,000

      Remodeled Home on 11+ Acres

      Charming, remodeled home with guest house and barn near Round Top.
      1155 Lomax Harmel Rd, Burton, TX 77835
      View Details
    • $4,750,000
      4,500 SF

      Texas Regenerative Farm with Residences

      120-acre regenerative farm with multiple residences in Burton, Texas.
      5255 Ganske Rd, Burton, TX 77835
      View Details
    • $349,000

      Burton, TX Acreage For Sale

      17+ acre tract near Lake Somerville, 85 miles from Houston.
      7358 Taplin Lane, Burton, TX 77835
      View Details

    FAQs

    What type of property is this?
    Land - 3.05 acres of unrestricted land near Lake Somerville.
    Where is this land located?
    The property is located at 0 Iron Bridge Road Rd Burton, TX.
    What is the asking price?
    The asking price for this property is $188,000.
    What are key features of this property?
    This property features: Versatile 3.05‑acre tract ideal for residential or commercial development.; Conveniently located near Lake Somerville and Burton.; Easily accessible to Houston, Austin, and Bryan‑College Station.
    (979) 661-0028
    We can help!
    Listing Contact
    Ruby McCullough
    Real Estate License ID: 0343872
    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
    0 Iron Bridge Road Rd, Burton, TX 77835
    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!