Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3300 Hills Rd Carmine, TX 78932

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,995,000

    Secluded 47+ acre retreat near Round Top, Texas.

    Lot size:
    47.80 Acres

    Property Features for 3300 Hills Rd

    General Information

    Property type
    Farm and Ranch Properties
    Standard status
    Active
    Lot size
    47.80 Acres

    Building Details

    Year built
    2003

    We can help!

    Listing Contact
    Lilla Blackburn
    Source: Elliman

    Listing Agency: Round Top Real Estate Listing Agent: Lilla Blackburn

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

    Learn more

    Overview

    47+ Acres Near Round Top

    This property features 47.795 acres of wooded land, offering a blend of natural beauty and convenience, located minutes from Round Top. The land includes a tranquil pond, towering trees, and abundant wildlife. A 1,795 sq. ft. brick home, constructed in 2003, provides a comfortable base for various uses, including a weekend getaway, full-time residence, or temporary accommodation while building a new home. The property's seclusion and proximity to Round Top's amenities offer opportunities for ranching, hunting, investment, or enjoying nature.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmine
    County
    Fayette
    State
    Texas
    Longitude
    -96.7024779
    Latitude
    30.1150176

    Nearby Similar for Sale

    • $649,500
      35.59 Acres

      Carmine, TX Land with Pond

      35.594 acres with ponds, woods, barn, and water wells.
      000 Schoenemann Rd, Carmine, TX 78932
      View Details
    • $275,000
      3,600 SF

      Historic Carmine Retail Opportunity

      Established antique store on a high-traffic corner lot.
      108 Thigpen St, Carmine, TX 78932
      View Details
    • $395,000
      1,904 SF

      Carmine, TX - Country Living

      Serene 2.5-acre property with a well-maintained 2022 manufactured home.
      12899 Young Ln, Carmine, TX 78932
      View Details
    • $2,950,000
      2,549 SF

      Carmine TX Estate with Acreage

      97-acre estate featuring a 4-bedroom home, workshop, and ponds.
      7157 Farm To Market Rd 1697, Carmine, TX 78932
      View Details
    • $475,000
      1,874 SF

      Carmine Move-In Ready Home

      Recently renovated 3-bedroom home on 1 acre in Carmine, TX.
      1620 S 290, Carmine, TX 78932
      View Details
    • $2,080,000

      Carmine Ranch with Pond and Upgrades

      Secluded ranch on 12.9 acres with pond and upgrades.
      1880 Schoenberg Rd, Carmine, TX 78932
      View Details
    • $2,499,000
      Pending

      Turn-Key Home on 92 Acres

      92-acre property with a turn-key home and barn/workshop.
      2737 Lomax Harmel Rd, Carmine, TX 78932
      View Details
    • $349,000

      Wooded Lot in Tree Tops

      Private wooded lot in a peaceful, rural setting.
      535 Vineyard Vw Trl -, Carmine, TX 78932
      View Details
    • $822,885

      Scenic Homesite Near Round Top

      9.681-acre tract with vineyard views near Round Top.
      170 Vineyard Vw Trl -, Carmine, TX 78932
      View Details
    • $349,000

      Partially Cleared Lot Near Round Top

      Private lot with oaks in Tree Tops community.
      405 Vineyard Vw Trl -, Carmine, TX 78932
      View Details
    • $349,000

      Secluded Land with Stunning Views

      Private land near Round Top, ideal for a dream home.
      468 Vineyard Vw Trl, Carmine, TX 78932
      View Details
    • $2,499,000
      Pending

      Turn-Key Home on 92 Acres

      92-acre Texas property with modern home and versatile barn.
      2737 Lomax Harmel Rd, Carmine, TX 78932
      View Details

    FAQs

    What type of property is this?
    Recreation land - Secluded 47+ acre retreat near Round Top, Texas.
    Where is this recreation land located?
    The property is located at 3300 Hills Rd Carmine, TX.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - 47.795 acres of serene, wooded land offers privacy and natural beauty.; - Located minutes from Round Top, providing convenient access to amenities.; - Includes a 1,795 sq. ft. brick home built in 2003.
    (979) 249-5732
    Request Owner's contact information
    3300 Hills Rd Carmine, TX 78932
    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.
    3300 Hills Rd
    Carmine, TX 78932
    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
    3300 Hills Rd Carmine, TX 78932
    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
    Lilla Blackburn
    Real Estate License ID: 467915
    (979) 249-5732 (713) 301-3012
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!