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

    00 Hill St S Buffalo, TX 75831

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    10.91 acres with potential for home building and recreation.

    Lot size:
    10.91 Acres

    Property Features for 00 Hill St S

    General Information

    Lot size
    10.91 Acres

    We can help!

    Listing Contact
    Misti Wigley
    Source: Elliman

    Listing Agent: Misti Wigley

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

    Learn more

    Overview

    Land with Amazing Views

    This 10.91-acre property, currently utilized as a coastal hayfield and for hunting, offers a secluded setting. The land is located at one of the highest points in Buffalo, Texas, and provides views. Additional acreage is available.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Hair Salon Nail Salon Gym & Fitness Daycare Center Kitchen & Bath Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Leon
    State
    Texas
    Longitude
    -96.0615
    Latitude
    31.4723

    Nearby Similar for Sale

    • $1,745,000
      3,861 SF

      Texas Ranch with Barndominium

      90.5-acre ranch featuring a 3,861 sqft barndominium near Leon Expo Center.
      3200 Tx-75, Buffalo, TX 75831
      View Details
    • $385,500
      750 SF

      30 Acres Prime Hay Meadow

      30-acre property with hay meadow, ponds, and hunter's cabin.
      11697 Fm 1511, Buffalo, TX 75831
      View Details
    • $450,000

      Fenced Acreage with Brick Home

      Charming home on fenced acreage near Centerville and Buffalo, Texas.
      1487 Fm 1618, Buffalo, TX 75831
      View Details
    • $385,000
      2,096 SF

      Farm/Ranch in Buffalo, Texas

      11-acre farm/ranch with a 2096 sqft home in Buffalo, TX.
      648 S Center St, Buffalo, TX 75831
      View Details
    • $297,500

      Well-Maintained Home with Shop

      Home with new features, shop, equipment barn, and office.
      13890 County Road 355, Buffalo, TX 75831
      View Details
    • $1,350,000

      Texas Ranch with Private Lake

      100-acre ranch featuring a cabin, lake, and grazing pastures.
      3260 Crk 282, Buffalo, TX 75831
      View Details
    • $775,000

      Versatile Industrial Property with Workshop

      Industrial property with warehouse, office, apartment, and workshop.
      807 Fm-489, Buffalo, TX 75831
      View Details
    • $499,000

      Highway Frontage Multi-Use Property

      0.58 acres with two buildings on Highway 79.
      500 E Commerce St, Buffalo, TX 75831
      View Details
    • $1,600,000

      Texas Ranch with Custom Home

      57-acre property with custom home and large metal shop.
      164 Fcr 400, Buffalo, TX 75831
      View Details
    • $96,000

      Cabin on 2 Acres

      2-acre property with cabin and metal shop near Highway 79.
      4173 E Us Highway 79, Buffalo, TX 75831
      View Details
    • $215,000

      16 Acres in Cedar Creek

      Versatile 16-acre property in the Cedar Creek area.
      16AC Crk 330, Buffalo, TX 75831
      View Details
    • $749,950

      Leon County 43-Acre Retreat

      Scenic property with pond, mature trees, and comfortable home.
      3055 Crk 274, Buffalo, TX 75831
      View Details

    FAQs

    What type of property is this?
    Land - 10.91 acres with potential for home building and recreation.
    Where is this land located?
    The property is located at 00 Hill St S Buffalo, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Amazing views from the highest point in Buffalo, Texas.; - 10.91 acres of land.; - Tons of privacy.
    (936) 662-7604
    Request Owner's contact information
    00 Hill St S Buffalo, TX 75831
    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.
    00 Hill St S
    Buffalo, TX 75831
    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
    00 Hill St S Buffalo, TX 75831
    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
    Misti Wigley
    Real Estate License ID: 758988
    (936) 662-7604
    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.