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

    1391 State Highway 304 Harwood, TX 78632

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $648,000

    Land available for purchase in Harwood, Texas.

    Type:Land
    Added:
    Sep 10, 2025
    Days on Market:
    220
    Last Refresh:
    Mar 16 at 8:25 am

    Property Features for 1391 State Highway 304

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Louis Swope
    Louis Swope

    Listing agent Louis Swope License #0638074

    Listing office West and Swope Ranches

    Listing date Sep 10, 2025

    Source Evrealestate

    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 West and Swope Ranches

    Overview

    Harwood Land For Sale

    This property is located at 1391 State Highway 304 in Harwood, Texas, within Caldwell County. Appointments are required to view the property listings of West and Swope Ranches, LLC.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Harwood
    County
    Gonzales
    State
    Texas
    Longitude
    -97.40964
    Latitude
    29.756361

    Nearby Similar for Sale

    • $690,000

      Harwood, TX Unrestricted Acreage

      44.978 acres with a 2-bedroom home, ideal for recreation.
      4025 County Road 284, Harwood, TX 78632
      View Details
    • $169,500

      Unrestricted Land in Harwood, TX

      9.804 acres suitable for residential, agricultural, or recreational use.
      1140 Chalk Road, Harwood, TX 78632
      View Details
    • $649,900
      924 SF

      Unrestricted Land in Caldwell County

      Turnkey 46.23-acre property ready for livestock, horses, or hunting.
      2135 Mule Creek Road lot: 5, Harwood, TX 78632
      View Details
    • $648,000

      Harwood Land with Irrigation Potential

      44-acre income-producing hay field with irrigation well and highway frontage.
      1391 State Highway 304, Harwood, TX 78632
      View Details
    • $189,900

      Harwood, TX Acreage For Sale

      10.94 acres with highway frontage, suitable for homestead or investment.
      Tract 1 State Highway 304, Harwood, TX 78632
      View Details
    • $675,000
      3,394 SF

      Harwood, TX 19.99 Acre Property

      19.99 acre property with two mobile homes and development potential.
      7519 Silvermine Rd, Harwood, TX 78632
      View Details
    • $170,000

      Harwood, TX 6.65-Acre Land

      6.65-acre tract ideal for building a dream home.
      956 Johnson Farms Road lot: 19, Harwood, TX 78632
      View Details
    • $175,000

      Harwood, TX Land For Sale

      10.1 acres of land with road frontage and utilities.
      Tract 1 10.1 acres CR 230, Harwood, TX 78632
      View Details
    • $168,960

      Harwood, TX Land Opportunity

      10.56 acres near IH-10, ideal for recreation or homesite.
      Tract 6 10.56 acres CR 230, Harwood, TX 78632
      View Details
    • $185,600

      Harwood, TX 11.6-Acre Land

      11.6 acres near IH-10, suitable for hunting or building.
      Tract 7 11.6 acres CR 230, Harwood, TX 78632
      View Details
    • $6,900,000

      Expansive Acreage Near IH10

      668 acre tract ideal for development or recreation.
      7180 CR 283, Harwood, TX 78632
      View Details
    • $299,900

      Versatile Land Tract in Harwood

      22+/- acre tract ideal for cattle, hunting, or building.
      Tract 5 22.29 acres CR 230, Harwood, TX 78632
      View Details

    FAQs

    What type of property is this?
    Land - Land available for purchase in Harwood, Texas.
    Where is this land located?
    The property is located at 1391 State Highway 304 Harwood, TX.
    What is the asking price?
    The asking price for this property is $648,000.
    What are key features of this property?
    This property features: Pond View; Full Fencing; Perimeter Fencing
    (512) 940-0543
    We can help!
    Listing Contact
    Louis Swope
    Louis Swope
    Real Estate License ID: 0638074
    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!