Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Live Oak County Acreage Opportunity Title is generated by Realmo AI

    124 County Road 164, George West, TX 78022

    View on Map
    Claim this Listing
    For Sale
    $484,500

    LAND - George West, TX

    Lot size:
    51.60 Acres
    Added:
    Feb 6, 2024
    Days on Market:
    850
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 124 County Road 164

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    51151
    Lot size
    51.60 Acres

    Taxes and HOA fees

    Tax Description
    ABST 449 S K & K TRACT 5 47.252 ACRES

    We can help!

    Listing Contact
    Eric Bluntzer
    Eric Bluntzer

    Listing agent Eric Bluntzer License #0474071

    Listing office United Country RE-Bluntzer RE 4250 Five Points Rd Ste 8, Corpus Christi, TX

    Listing date Feb 6, 2024

    MLS# 434878 Listing URL

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 51.6+\/- acre property with new, attractive pricing.
    • Conveniently located: 25 minutes from George West and 18 minutes from Orange Grove.
    • Productive coastal hay acreage suitable for grazing or agriculture.
    • Abundant wildlife, including strong white‑tailed deer populations, ideal for hunting.
    • Reliable water source: well‑positioned stock tank and galvanized steel windmill tower.
    • Excellent development potential due to ample road frontage and loop road system.

    Overview

    This 51.6-acre property in Live Oak County features gently rolling terrain. A stock tank is situated at the lowest point, providing a water source. A galvanized steel windmill tower is present on the land. A substantial portion of the acreage is planted in productive coastal hay, making this property suitable for grazing or agricultural use. The property is fully enclosed with low perimeter fencing and includes a well-maintained dirt road system, complete with a loop for easy access throughout the tract and to the tank. With ample road frontage, this property also presents potential for future development, investment, or subdivision. Wildlife is abundant, with populations of white-tailed deer enhancing the hunting and recreational value. The property is located 25 minutes from George West and 18 minutes from Orange Grove. This versatile acreage offers possibilities as an agricultural property, hunting retreat, or long-term investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    George West
    County
    Live Oak
    State
    Texas
    Longitude
    -98.146612
    Latitude
    28.103868

    Nearby Similar for Sale

    • $197,250
      1,100 SF

      Car Wash Business with Tunnel

      Operate a ground-lease car wash with a modern 2018 tunnel system plus self-serve bays and vacuums.
      505 Nueces Street, George West, TX 78022
      View Details
    • $25,000

      Highway Frontage Land in George West

      0.42-acre tract with highway access and visibility.
      3250 Highway 281 lot: 5, George West, TX 78022
      View Details
    • $50,000

      George West Land For Sale

      3-acre tract within George West city limits, residential zoning.
      Burleson Street lot: 30, George West, TX 78022
      View Details
    • $3,195,000
      21,211,542 SF

      South Texas Hunting and Recreational Ranch

      486.95 acre high-fenced ranch with infrastructure and diverse terrain.
      1305 Fm 799, George West, TX 78022
      View Details
    • $475,000

      20 Acres South Texas Paradise

      20-acre property with tiny homes, pool, and abundant wildlife.
      1331 Highway 281 S lot: 1, George West, TX 78022
      View Details
    • $345,000

      George West Acreage with Cabin

      30.6 acres with cabin near George West, Texas.
      188 Quail Drive lot: 136, George West, TX 78022
      View Details
    • $200,000

      Farm and Ranch Acreage with Casita

      25-acre tract in Live Oak County with casita, pond, and nearly a mile of frontage along US Hwy 59 frontage road.
      653 S U.S. Hwy 59, GeorgeWest, TX 78022
      View Details
    • $120,000

      Remote Acreage for Hunting, Homesite

      10.19 acres perfect for hunting, homesite, or weekend getaway.
      449 Double Eagle Road lot: 126, George West, TX 78022
      View Details
    • $1,892,332

      363.91 Acres in Live Oak

      Land with agricultural and recreational potential near Interstate 37.
      TBD CR 321, George West, TX 78022
      View Details
    • $197,250
      1,500 SF

      Operating Car Wash Business For Sale

      Car wash business for sale on ground lease.
      505 Nueces Street, George West, TX 78022
      View Details
    • $75,000

      Secluded Land with Cabin, Well

      2.5 acres with cabin, electricity, and water well.
      1828 Fm 534 lot: 14, George West, TX 78368
      View Details
    • $116,500
      697,396 SF

      South Texas Hunting and Recreation

      16.01 acre tract in Double Eagle Ranch community.
      298 Double Eagle, George West, TX 78022
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 51.6 acres in Live Oak County, ideal for agriculture.
    Where is this agricultural land / farmland located?
    The property is located at 124 County Road 164 George West, TX.
    What is the asking price?
    The asking price for this property is $484,500.
    What are key features of this property?
    This property features: Large 51.6+\/- acre property with new, attractive pricing.; Conveniently located: 25 minutes from George West and 18 minutes from Orange Grove.; Productive coastal hay acreage suitable for grazing or agriculture.
    (361) 813-7007
    We can help!
    Listing Contact
    Eric Bluntzer
    Eric Bluntzer
    Real Estate License ID: 0474071
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    124 County Road 164, George West, TX 78022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!