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    1286 Oil Patch Rd New Ulm, TX 78950

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    For Sale
    $539,000

    5-acre property with cabin and colonial home awaiting renovation.

    Lot size:
    4.99 Acres

    Property Features for 1286 Oil Patch Rd

    General Information

    Lot size
    4.99 Acres

    Building Details

    Year built
    2002

    Source: Compass RE Texas, LLC - Houston Agent Dennis Pow-Sang

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

    Overview

    New Ulm Land with Structures

    This private property is located in New Ulm on approximately 5 acres of land. The property features a gutted cabin with central A/C and heat, electric, septic tank, and a water well. Additionally, there is a gutted colonial home from Houston that requires renovations and utilities. A pond is situated between the two structures. The property is surrounded by greenery and oak trees. Street access is available, and the property is located near large ranches.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    New Ulm
    County
    Austin
    State
    Texas
    Longitude
    -96.46761
    Latitude
    29.84714

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    FAQs

    What type of property is this?
    Farm - 5-acre property with cabin and colonial home awaiting renovation.
    Where is this farm located?
    The property is located at 1286 Oil Patch Rd New Ulm, TX.
    What is the asking price?
    The asking price for this property is $539,000.
    What are key features of this property?
    This property features: - Approximately 5 acres of land offering privacy and natural beauty; - Includes both a cabin and a colonial home, providing options for living or renovation; - Great location in New Ulm with street access and proximity to large ranches
    (713) 291-1222
    Request Owner's contact information
    1286 Oil Patch Rd New Ulm, TX 78950
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    Realmo Value Estimation

    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.

    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.

    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
    1286 Oil Patch Rd New Ulm, TX 78950
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