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

    1268 Stokes Rd Fayetteville, TX 78950

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Scenic property featuring a creek, barn, pens, and pasture.

    Lot size:
    51.08 Acres

    Property Features for 1268 Stokes Rd

    General Information

    Lot size
    51.08 Acres

    We can help!

    Listing Contact
    Heidi May
    Source: Elliman

    Listing Agent: Heidi May

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

    Learn more

    Overview

    Fayette County Land with Creek

    Located at the corner of Stokes Road and Cicadas Road, along the Colorado and Fayette County line, this property offers a blend of natural beauty and peaceful country living. A scenic creek winds through the middle of the land, complemented by mature trees and open space suitable for building a home or grazing cattle. A small barn and pens are situated in the corner off Secates Road, ready for livestock or various projects. The property is located in Colorado County, TX.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Fayetteville
    County
    Fayette
    State
    Texas
    Longitude
    -96.566384
    Latitude
    29.921402

    Nearby Similar for Sale

    • $6,500,000
      4,417 SF

      Fayetteville Estate with Entertainment Pavilion

      59-acre compound near Round Top with main home and party barn.
      8611 Halamicek Loop, Fayetteville, TX 78940
      View Details
    • $460,000
      Pending

      Luxurious Barn on Wooded Acreage

      Secluded, modern barn near Round Top, La Grange, and Fayetteville.
      9865 Farm To Market Rd 2981, Fayetteville, TX 78940
      View Details
    • $2,350,000
      3,124 SF

      Fayetteville Farm with Income Potential

      Serene 10-acre retreat with main house and income-producing guest homes.
      7541 Halamicek Loop, Fayetteville, TX 78940
      View Details
    • $1,750,000
      2,280 SF

      Vintage Farmhouse Retreat with Income Potential

      Charming farmhouse on 58 acres near Round Top, Texas.
      7344 Farm To Market Rd 1291, Fayetteville, TX 78940
      View Details
    • New
      $625,000
      2,524 SF

      Fayetteville Farmhouse with Rental Cottage

      Updated farmhouse with rental cottage and event barn on 1+ acre.
      928 Texas 237, Fayetteville, TX 78940
      View Details
    • $729,000
      Pending

      Charming Farmhouse on 11+ Acres

      Quaint 1920s farmhouse on 11.54 acres near Round Top.
      2528 Wunderlich Rd, Fayetteville, TX 78940
      View Details
    • $3,875,000
      5,774 SF

      Fayetteville Estate with Modern Sophistication

      Estate near Round Top with modern amenities and rustic charm.
      4620 Treybig Loop, Fayetteville, TX 78940
      View Details
    • $412,000
      1,506 SF

      Fayetteville Farm with Pond and Home

      Country property near Fayetteville with pond, ag exemption, and home.
      4317 Farm To Market Rd 955, Fayetteville, TX 78940
      View Details
    • New
      $595,000
      2,952 SF

      Fayetteville Home Near Fayette Lake

      Spacious home on 10 acres near Fayette Lake.
      4310 Leslie Rd, Fayetteville, TX 78940
      View Details
    • $399,000
      840 SF

      Charming Country Retreat Near Round Top

      Cozy cottage with guest space on 1.25 acres near Round Top.
      1344 Texas 237, Fayetteville, TX 78940
      View Details
    • $2,900,000

      Turnkey Ranch on Scenic Acres

      55-acre ranch with modern farmhouse and guest houses.
      1496 Kramr Rd, Fayetteville, TX 78940
      View Details
    • $699,000

      Barndominium on Picturesque Acres

      Charming barndominium on 11 acres in Willow Springs area.
      6515 Prihoda Rd, Fayetteville, TX 78963
      View Details

    FAQs

    What type of property is this?
    Farm - Scenic property featuring a creek, barn, pens, and pasture.
    Where is this farm located?
    The property is located at 1268 Stokes Rd Fayetteville, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Scenic creek winding through the property.; - Combination of mature trees and open pasture.; - Barn and pens already in place.
    (832) 588-5525
    Request Owner's contact information
    1268 Stokes Rd Fayetteville, TX 78950
    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.
    1268 Stokes Rd
    Fayetteville, TX 78950
    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
    1268 Stokes Rd Fayetteville, TX 78950
    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
    Heidi May
    Real Estate License ID: 0546158
    (832) 588-5525
    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.