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

    8424 Old Lockhart Rd Buda, TX 78610

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $800,000

    12.1 acres with easy access to major highways.

    Lot size:
    12.10 Acres

    Property Features for 8424 Old Lockhart Rd

    General Information

    Lot size
    12.10 Acres

    We can help!

    Listing Contact
    Martha Bondi
    Source: Elliman

    Listing Agent: Martha Bondi

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

    Learn more

    Overview

    12.1 Acres Near Austin

    This 12.1-acre property is conveniently located outside of Austin, Texas, with easy access from the 45 toll road and Highway 183. According to the Title Company, no restrictions were found for the property. The property currently has an agricultural exception. Any project should be verified by the City of Austin and Travis County.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Law Firm Building Supply Auto Repair Shop HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buda
    County
    Hays
    State
    Texas
    Longitude
    -97.6985527
    Latitude
    30.0546031

    Nearby Similar for Sale

    • Contact for pricing
      18,050 SF

      Retail Pad Sites in Buda

      Pad sites available near CVS and Starbucks.
      103 Eulalah Ln, Buda, TX
      View Details
    • $3,100,000

      Operating Investment Property For Sale

      Growing investment property with revenue and occupancy increases.
      11528 Old Lockhart Rd, Buda, TX 78747
      View Details
    • Contact for pricing
      20,000 SF

      Warehouse Building Available For Sale

      20,000 SF warehouse with easy access to major highways.
      12522 Fm 1625, Buda, TX 78610
      View Details
    • Contact for pricing
      7,200 SF

      Buda Office Building For Sale

      Office building with covered parking, convenient to Austin and San Marcos.
      210 Fm 2001, Buda, TX 78610
      View Details
    • $459,000

      Commercial Property in Arterial District

      Single-family home with commercial zoning in a B2 arterial district.
      175 Sandoval St, Buda, TX 78610
      View Details
    • Contact for pricing
      25,000 SF

      Buda Industrial Property For Sale

      25,000 square foot industrial property in Buda, Texas.
      1235 Loop 4 S, Buda, TX 78610
      View Details
    • Contact for pricing
      25,000 SF

      Buda Industrial Property For Sale

      25,000 square foot industrial property in Buda, Texas.
      140 Peacock Trl, Buda, TX
      View Details
    • Contact for pricing
      36,000 SF

      Buda Industrial Property For Sale

      36,000 square foot industrial property in Buda, Texas.
      321 Threshing Rd, Buda, TX
      View Details
    • Contact for pricing
      16,875 SF

      Buda Warehouse Space Available

      16,875 SF warehouse space for sale in Buda, Texas.
      1425 Loop 4 S, Buda, TX 78610
      View Details
    • $785,000

      Buda Specialty Property For Sale

      Specialty property available for purchase in Buda, Texas.
      8819 Saddle Cir, Buda, TX 78610
      View Details
    • $1,850,000

      Specialty Property for Sale

      Specialty property available for purchase.
      128 Hy Rd, Buda, TX 78610
      View Details
    • $16,200,000
      4,000 SF

      Luxury Buda Estate & 172 Acres

      Prime development land, stunning estate home.
      600 Indian Creek Ln, Buda, TX 78610
      View Details

    FAQs

    What type of property is this?
    Farm - 12.1 acres with easy access to major highways.
    Where is this farm located?
    The property is located at 8424 Old Lockhart Rd Buda, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 12.1 Acres of Land; - Convenient location outside Austin with easy access to 45 Toll Road and Hwy 183; - No restrictions found by title company (buyer to verify)
    (512) 326-2034
    Request Owner's contact information
    8424 Old Lockhart Rd Buda, TX 78610
    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.
    8424 Old Lockhart Rd
    Buda, TX 78610
    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
    8424 Old Lockhart Rd Buda, TX 78610
    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
    Martha Bondi
    Real Estate License ID: 0510520
    (512) 326-2034
    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.