3547 S State Highway 237 Round Top, TX 78954
5+ acres with warehouse and farmhouse near Round Top Square.
Property Features for 3547 S State Highway 237
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 5.00 Acres
- Property subtype
- Farm and Ranch Properties
Building Details
- Year Built
- 25
Listing office Christie's International Luxury Real Estate/NAN Properties (832) 816-1000
Listing date Mar 11, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Christie's International Luxury Real Estate/NAN Properties
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on HWY 237, the Antique Corridor, offering high visibility and traffic.
- Close proximity to Round Top Square and popular antique attractions.
- Expansive 5‑acre property with significant road frontage.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.1k | $20.52 |
| − Vacancy | −$4.7k | −$1.17 |
| EGI | $77.4k | $19.35 |
| − OpEx | −$23.2k | −$5.81 |
| NOI | $54.2k | $13.55 |
