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

    13555 Fm 1155 Street East Washington, TX 77880

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,175,000

    Farmhouse with bunkhouse, stables, and arena potential near Chappell Hill.

    Type:Farm
    Property size:
    3,104 SF
    Lot size:
    15.00 Acres
    Added:
    Apr 24, 2025
    Days on Market:
    358
    Last Refresh:
    Mar 23 at 3:04 pm

    Property Features for 13555 Fm 1155 Street East

    General Information

    Standard status
    Active
    Size
    3,104 SF
    Lot size
    15.00 Acres
    Property subtype
    Farm

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Ashley Jahnke

    Listing agent Ashley Jahnke License #0464279

    Listing office Hodde Real Estate Company

    Listing date Apr 24, 2025

    Source Compass

    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 Hodde Real Estate Company

    Overview

    Farmhouse with Bunkhouse and Stables

    This classic-styled farmhouse features an efficient design with a primary residence on the first level and a second-story bunkhouse. The primary space, spanning 1825 square feet, includes 3 bedrooms and 2 bathrooms, featuring an open living, dining, and kitchen area, hardwood floors, shiplap walls, and beadboard wainscoting and ceilings. The 1279-square-foot upstairs bunkhouse, with 3 bedrooms and 3 bathrooms, is accessible via two exterior staircases. The primary bedroom and bathroom have a private entrance and a small balcony. Two additional bedrooms each contain three built-in bunk beds. The main stairway leads to a cozy living and dining space and a full kitchen. Additional improvements on the 15-acre property include loafing sheds, a horse stable with four stalls, and lighting for a future arena. A second water well, designed to run off a generator or solar power, is located next to the pond. Situated in the historic Old Washington area, this retreat is minutes from the town of Chappell Hill. With frontage on a farm-to-market road, access to Highway 290 is convenient, making it suitable as a weekend getaway or for commuting to Houston.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Texas
    Longitude
    -96.2141277
    Latitude
    30.2413319

    Nearby Similar for Sale

    • $895,000
      2,807 SF

      Texas Woodland Retreat Home

      Contemporary home on 22+ acres near Navasota and Brenham.
      11107 Mount Falls School Road, Washington, TX 77880
      View Details
    • $740,000

      Secluded Country Property with Pond

      15-acre property with remodeled home, pasture, pond, and creek.
      3437 Brown College Ln, Washington, TX 77880
      View Details
    • $185,000
      2,002 SF

      Washington, TX Farm with Residence

      2002 sqft home on 1.64 acres near Brenham and Navasota.
      6504 Farm To Market Road 1370, Washington, TX 77880
      View Details
    • $1,695,000
      2,632 SF

      Equestrian Property with Modern Amenities

      15.69 acre equestrian property featuring barns, arena, and remodeled home.
      8775 Lone Star Road, Washington, TX 77880
      View Details
    • $3,450,000

      Washington County Estate on 17+ Acres

      Private sanctuary with custom home, pond, and mature hardwoods.
      404 Blackberry Ln, Washington, TX 77880
      View Details
    • $799,000
      1,300 SF

      25 Acre Retreat in Washington

      Private retreat with modern cottage, pond, and recreational possibilities.
      16611 Fm 1155 Street East, Washington, TX 77880
      View Details
    • $209,900
      900 SF

      Country Cottage Near Historic Washington

      Charming 2BR cottage on a generous lot near historic sites.
      19976 Washington Brg Road, Washington, TX 77880
      View Details

    FAQs

    What type of property is this?
    Farm - Farmhouse with bunkhouse, stables, and arena potential near Chappell Hill.
    Where is this farm located?
    The property is located at 13555 Fm 1155 Street East Washington, TX.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: Two separate living spaces: **3/2 primary residence (1825 SF) and a 3/3 upstairs bunkhouse (1279 SF) with separate entrances.**; **15‑acre property with horse amenities** including a stable with 4 stalls, loafing sheds, and lighting for a future arena.; Convenient location with farm‑to‑market road frontage and easy access to Hwy 290 for commuting to Houston.
    (979) 277-4897
    We can help!
    Listing Contact
    Ashley Jahnke
    Real Estate License ID: 0464279
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!