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

    1162 County Road 234B Hallettsville, TX 77964

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,675,000

    Expansive property with agricultural potential and development opportunities.

    Lot size:
    121.50 Acres

    Property Features for 1162 County Road 234B

    General Information

    Lot size
    121.50 Acres

    We can help!

    Listing Contact
    Colby Blahuta
    Source: Elliman

    Listing Agent: Colby Blahuta

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

    Learn more

    Property Insight Report

    Overview

    121.5 Acres of Agricultural Land

    This 121.5-acre property offers agricultural productivity, development potential, and commercial value. The tract features approximately 2,900 feet of road frontage, providing opportunities for subdivision, creating a private estate, or launching a business venture. The land is suited for a cattle and hay operation, planted in improved Bermuda grass with open pasture for grazing and production. The property holds a full agricultural exemption, allowing it to be operated tax-free as a business. The level terrain, extensive frontage, and rural charm provide flexibility for farming and ranching to development or commercial projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Hallettsville
    County
    Lavaca
    State
    Texas
    Longitude
    -96.95251
    Latitude
    29.573605

    Nearby Similar for Sale

    • $945,000
      1,800 SF

      Hallettsville Acreage with Two Homes

      45.83 acre property with two homes near Hallettsville, TX.
      10309 County Road 1, Hallettsville, TX 77964
      View Details
    • $349,900
      2,400 SF

      Hallettsville Commercial Property on Highway

      2400 SF commercial building on a corner lot.
      201 S Ridge St, Hallettsville, TX 77964
      View Details
    • $359,400
      17.97 Acres

      Hallettsville Ranch Ideal for Horses

      Secluded ranch property perfect for horses and country living.
      Tbd Ii Us Hwy 90A E, Hallettsville, TX 77964
      View Details
    • $2,000,000
      2,192 SF

      Remodeled Ranch with Extensive Road Frontage

      115-acre ranch featuring a remodeled home and agricultural infrastructure.
      12570 Fm 530, Hallettsville, TX 77964
      View Details
    • $5,275,000
      604.93 Acres

      Texas Ranch with Recreational Paradise

      604.93 acres of Texas land near Houston and Victoria.
      3814 County Road 19, Hallettsville, TX 77964
      View Details
    • $929,000
      2,466 SF

      Hallettsville Home with Pool & Shop

      Custom home on 2 acres with pool and shop apartment.
      262 County Road 002, Hallettsville, TX 77964
      View Details
    • $2,195,000
      4,306 SF

      Lavish Country Home on 14 Acres

      Luxury home on 14 acres with pool and guest house.
      779 County Road 532A, Hallettsville, TX 77964
      View Details
    • $1,500,000
      3,342 SF

      Lavaca County Ranch with Income Potential

      48-acre ranch featuring a main home, apartments, and outbuildings.
      1009 Private Road 1024, Hallettsville, TX 77964
      View Details
    • $1,240,000
      2,358 SF

      Lavaca County Move-In Ready Retreat

      Comfortable, private country living near Hallettsville, Texas, on scenic acreage.
      1800 County Road 122, Hallettsville, TX 77964
      View Details
    • $515,000
      1,391 SF

      Hallettsville Farm-Ranch with Remodeled Home

      Charming remodeled home on 11.45 acres with equestrian facilities.
      3971 S 77, Hallettsville, TX 77964
      View Details
    • $1,762,620
      3,440 SF

      Hallettsville Farm and Ranch Opportunity

      76.2 acres with two homes, shop, and outbuildings near Highway 77.
      Tbd L C R 217, Hallettsville, TX 77964
      View Details
    • $795,000
      1,400 SF

      Hallettsville Farm with Barndo and Pond

      38.10 acres with barndo, barn, and pond near Highway 77.
      255 Pvt Rd 2171, Hallettsville, TX 77964
      View Details

    FAQs

    What type of property is this?
    Farm - Expansive property with agricultural potential and development opportunities.
    Where is this farm located?
    The property is located at 1162 County Road 234B Hallettsville, TX.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: - 121.5-acre property with development potential and commercial value.; - Approximately 2,900 feet of road frontage, suitable for subdivision or business ventures.; - Currently planted in improved Bermuda grass, ideal for cattle and hay operation.
    (361) 772-2998
    Request Owner's contact information
    1162 County Road 234B Hallettsville, TX 77964
    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.
    1162 County Road 234B
    Hallettsville, TX 77964
    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
    1162 County Road 234B Hallettsville, TX 77964
    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
    Colby Blahuta
    (361) 772-2998
    Learn more
    Google sign-in failed. Please try again or use another login method.