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

    000 Fm 2238 Schulenburg, TX 78956

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $238,395

    6.91 acres in Freyburg with wooded scenery and views.

    Lot size:
    6.91 Acres

    Property Features for 000 Fm 2238

    General Information

    Lot size
    6.91 Acres

    We can help!

    Listing Contact
    Chip Bubela
    Chip Bubela
    Source: Elliman

    Listing Agent: Chip Bubela

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

    Learn more

    Overview

    Freyburg Acreage with Panoramic Views

    This 6.91-acre property is located in the Freyburg area, offering panoramic views due to its elevation of 350 feet. The land features wooded scenery with numerous types of trees.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Schulenburg
    County
    Fayette
    State
    Texas
    Longitude
    -97.0093174
    Latitude
    29.6816367

    Nearby Similar for Sale

    • $895,000
      19,700 SF

      Schulenburg Commercial Property with Bowling Alley

      2-acre commercial property with 19,700 sqft building, turn-key operation.
      233 College St, Schulenburg, TX 78956
      View Details
    • $1,200,000
      2,538 SF

      Fayette County Estate with Acreage

      51-acre estate with a comfortable home and recreational possibilities.
      900 Schulze Rd, Schulenburg, TX 78956
      View Details
    • $1,425,000
      3,100 SF

      Lavaca County Farm Retreat

      55.37-acre property with a 3,100 sq ft barn dominium.
      258 Private Road 2006, Schulenburg, TX 78956
      View Details
    • $1,795,500
      11,620 SF

      Historic Sengelmann Hall on Main Street

      Iconic 1894 Texas dance hall with endless commercial potential.
      527 North Main St, Schulenburg, TX 78956
      View Details
    • $599,000
      Pending

      Remodeled Home on Scenic Acreage

      Remodeled home on 6.344 acres near Schulenburg, Texas.
      5688 Falke-Heinrich Rd, Schulenburg, TX 78956
      View Details
    • $998,500
      2,603 SF

      Turnkey Estate Near Round Top

      Fully furnished, income-producing 5-bedroom estate on 2 acres.
      2210 Fm 615, Schulenburg, TX 78956
      View Details
    • $999,000
      3,017 SF

      Dual-Home Ranch Estate with Income Potential

      Two homes on 28+ acres, ideal for living or VRBO.
      2346 Bruno Rd, Schulenburg, TX 78956
      View Details
    • $635,000
      2,863 SF

      Remodeled Home on Wooded Acres

      Updated home on 4.63 acres near Schulenburg, Texas.
      250 Bucek Ln, Schulenburg, TX 78956
      View Details
    • $860,000
      1,702 SF

      Charming Home on Lush Acres

      Two-bedroom home on 53 acres with creek and improvements.
      2231 Us 90, Schulenburg, TX 78956
      View Details
    • $599,000
      Pending

      New Construction Home on Acreage

      New construction home with 4 bedrooms, 3.5 baths on 2 acres.
      114 Country Vw Ln, Schulenburg, TX 78956
      View Details
    • $795,000
      17,036 SF

      Historic Hotel in Schulenburg, Texas

      Landmark 1927 hotel with modernization potential near major Texas cities.
      607 Lyons Ave, Schulenburg, TX 78956
      View Details
    • $649,900
      2,863 SF

      Remodeled Home on Wooded Acreage

      Remodeled home on 4.6 acres near Schulenburg, Texas.
      250 Bucek Ln, Schulenburg, TX 78956
      View Details

    FAQs

    What type of property is this?
    Farm - 6.91 acres in Freyburg with wooded scenery and views.
    Where is this farm located?
    The property is located at 000 Fm 2238 Schulenburg, TX.
    What is the asking price?
    The asking price for this property is $238,395.
    What are key features of this property?
    This property features: - 6.91 acres of land; - Prime location in Freyburg; - Enjoy panoramic views from an elevation of 350 ft
    (922) 337-2036
    Request Owner's contact information
    000 Fm 2238 Schulenburg, TX 78956
    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.
    000 Fm 2238
    Schulenburg, TX 78956
    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
    000 Fm 2238 Schulenburg, TX 78956
    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
    Chip Bubela
    Chip Bubela
    Real Estate License ID: 590779
    (922) 337-2036
    Learn more
    Google sign-in failed. Please try again or use another login method.