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

    0000 Fm 2238 Schulenburg, TX 78956

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $238,395

    6.91 acres with panoramic views in Freyburg, Texas.

    Lot size:
    6.91 Acres

    Property Features for 0000 Fm 2238

    General Information

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

    We can help!

    Listing Contact
    Chip Bubela
    Chip Bubela
    Source: Elliman

    Listing Agency: Bubela Real Estate Listing Agent: Chip Bubela

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

    Learn more

    Overview

    6.91 Acres in Freyburg

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

    Current Use by Public Records

    Agricultural land / Farmland

    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

    • $395,000
      3,870 SF

      Historic Downtown Schulenburg Commercial Space

      Prime commercial property in historic downtown Schulenburg, Texas.
      520 N Main St, Schulenburg, TX 78956
      View Details
    • $160,000
      2,600 SF

      Downtown Schulenburg Commercial Corner Lot

      Versatile 2,600 sq. ft. building in thriving downtown Schulenburg.
      702 Upton Ave, 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
    • $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
    • $679,950
      2,091 SF

      Schulenburg Area Acreage with Home

      10.6 acres with a two-story home and outbuildings.
      4731 Krischke Rd, Schulenburg, TX 78956
      View Details
    • $895,950
      54.30 Acres

      54.3 Acres in Fayette County

      Versatile 54.3-acre tract ideal for recreation, homesite, or ranching.
      6446 Mensik Rd, Schulenburg, TX 78956
      View Details
    • $1,100,000
      Pending

      Retail/Warehouse Space on Highway 77

      Retail/warehouse space with highway frontage and ample parking.
      82 North Kessler Ave, Schulenburg, TX 78956
      View Details
    • $775,000
      2,400 SF

      Schulenburg Ranch with Barndominium

      22.78-acre ranch featuring a robust barndominium near Schulenburg, TX.
      66 County Road 77D, Schulenburg, TX 78956
      View Details
    • $734,900
      1,719 SF

      Schulenburg Farm with Two Homes

      31.47-acre unrestricted property with two homes and a pond.
      5135 West Us Highway 90, Schulenburg, TX 78956
      View Details
    • $239,500
      1,375 SF

      Downtown Schulenburg Commercial Building

      Versatile commercial building in downtown Schulenburg, ideal for various businesses.
      737 North Main St, 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
    • $1,325,000
      Pending

      25-Acre Schulenburg Farm and Ranch

      Spacious 3,449 sqft home with barn, pond, and greenhouse.
      5155 Fm 2238, Schulenburg, TX 78956
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 6.91 acres with panoramic views in Freyburg, Texas.
    Where is this agricultural land / farmland located?
    The property is located at 0000 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, perfect for your vision.; - Located in the prime area of Freyburg.; - Enjoy panoramic views from the property.
    (922) 337-2036
    Request Owner's contact information
    0000 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.
    0000 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
    0000 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: 0566009
    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!