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

    TBD Lot 2 County Road 127 Rd Ledbetter, TX 78946

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $259,000

    10.2 acres of unrestricted land, convenient location, investment opportunity.

    Type:Farm and Ranch Properties
    Lot size:
    10.20 Acres
    Added:
    Apr 26, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 26 at 10:19 pm

    Property Features for TBD Lot 2 County Road 127 Rd

    General Information

    Standard status
    Active
    Lot size
    10.20 Acres
    Property subtype
    Farm and Ranch Properties

    We can help!

    Listing Contact
    James Millner

    Listing agent James Millner

    Listing office

    Listing date Apr 26, 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 James Millner

    Overview

    Unrestricted Land Near Highway 290

    This 10.2-acre parcel of unimproved, unrestricted raw land is located just 5 minutes off Highway 290 and 8 minutes from Giddings. The property is also conveniently located 20 minutes from Round Top, 35 minutes from Brenham, and approximately one hour from Austin. The land is currently exempt. It is suitable for various uses, including a future homesite or a weekend getaway with an RV. The property is located in the Giddings school district. The location provides easy access to both Houston and Austin. The property is also suitable for recreational vehicles. Additional acreage is available, ranging from 10 to 50 acres. The property is somewhat bikeable with a bike score of 25 and car-dependent with a walk score of 0.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ledbetter
    County
    Fayette
    State
    Texas
    Longitude
    -96.808135
    Latitude
    30.182585

    Nearby Similar for Sale

    • $699,000
      1,202 SF

      Modern Retreat Near Round Top

      Stunning 3-acre modern retreat minutes from Round Top, Texas.
      8390 Schuster Road, Ledbetter, TX 78946
      View Details
    • $795,000
      2,210 SF

      Updated Barndominium with Horse Barn

      Updated barndominium on 10 acres with horse facilities.
      7210 Goehring Road, Ledbetter, TX 78946
      View Details
    • $900,000
      1,530 SF

      55+ Acre Income-Producing Property

      55+ acre property near Lake Somerville with income potential.
      4254 FM 180, Ledbetter, TX 78946
      View Details
    • $180,000

      Heavily Wooded Acreage Near Lake

      7.7 acres of unrestricted land close to Lake Somerville.
      TBD Tract 2 FM 180, Ledbetter, TX 78946
      View Details
    • $1,300,000

      58 Acres Near Round Top

      58-acre estate near Round Top with scenic beauty.
      1220 Waldeck Road, Ledbetter, TX 78946
      View Details
    • $1,225,000
      1,960 SF

      Picturesque Ranch in Fayette County

      63+ acre ranch with home, pastures, and tranquil pond.
      8232 Farm To Market Road 2145, Ledbetter, TX 78946
      View Details
    • $9,695,070

      979 Acres Ranch in Ledbetter, TX

      Picturesque 979-acre ranch in Lee County with diverse recreational opportunities.
      0 County Road 119, Ledbetter, TX 78946
      View Details
    • $2,514,600

      Lee County Ranch Land

      254-acre ranch in Lee County with diverse recreational opportunities.
      0 County Road 127, Ledbetter, TX 78946
      View Details
    • $299,000

      Unimproved Land in Ledbetter, Texas

      17 acres of land between Houston and Austin.
      000 County Road 123, Ledbetter, TX 78946
      View Details
    • $199,000

      Land Near Lake Summerville

      3.65 acres near Lake Summerville in Ledbetter, Texas.
      TBD County Road 125, Ledbetter, TX 78946
      View Details
    • $229,500

      Unimproved Land Near Highway 290

      10.2 acres of unimproved land near Highway 290.
      TBD Lot 5 County Road 127 Rd, Ledbetter, TX 78946
      View Details
    • Contact for pricing

      239 Acres in Ledbetter, TX

      239 acres of land for sale near Round Top, TX.
      1821 Lange Rd, Ledbetter, TX 78946
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10.2 acres of unrestricted land, convenient location, investment opportunity.
    Where is this agricultural land / farmland located?
    The property is located at TBD Lot 2 County Road 127 Rd Ledbetter, TX.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: Unrestricted land with multiple homesites available.; Convenient location: close to Giddings, Round Top, Brenham, Austin, and Highway 290.; Suitable for RVs, weekend getaways, or building a dream home.
    (512) 563-9132
    We can help!
    Listing Contact
    James Millner
    Learn More
    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

    TBD Lot 2 County Road 127 Rd, Ledbetter, TX 78946

    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!