Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Serene Country Living on Acres Title is generated by Realmo AI

    15294 Lake Road, Bellville, TX 77418

    View on Map
    Claim this Listing
    For Sale
    $1,295,000

    31.5 acre property with remodeled home and guest house.

    Type:Land or Vacant Lot
    Property size:
    1,700 SF
    Lot size:
    31.50 Acres
    Price / SF:
    $761/SF
    Added:
    Apr 7, 2026
    Days on Market:
    59
    Last Refresh:
    Apr 8 at 8:25 pm

    Property Features for 15294 Lake Road

    General Information

    Standard status
    Active
    Size
    1,700 SF
    Lot size
    31.50 Acres
    Property subtype
    Land or Vacant Lot

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    SHANNON DORNON
    SHANNON DORNON

    Listing agent SHANNON DORNON License #0565150

    Listing office J. FRANK MONK REAL ESTATE

    Listing date Apr 7, 2026

    Source Corcoran

    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 J. FRANK MONK REAL ESTATE

    HighLights

    • 31.5 acre property with peaceful country setting, just 7 miles from Bellville.
    • Main home is remodeled and updated with new roof, HVAC, windows, doors, and siding.
    • New pool with hot tub, landscaping, and fire pit for entertaining.
    • Guest house (1 BR/1 BA) provides private retreat for visitors.
    • Agricultural exemption in place for low property taxes.
    • Creek for recreation.

    Overview

    This 31.5-acre property offers a peaceful country living experience, located approximately 7 miles from Bellville's town square. The main residence features 3 bedrooms and 2 bathrooms and has been remodeled with a new roof, HVAC system, windows, doors, new siding, and designer finishes. A 1 bedroom, 1 bathroom guest house provides a private retreat. The property includes a new pool with a hot tub, landscaping, and a fire pit area. A creek runs through the land. An agricultural exemption is currently in place, offering the benefit of low property taxes.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Bellville
    County
    Austin
    State
    Texas
    Longitude
    -96.16911
    Latitude
    29.98864

    Nearby Similar for Sale

    • $698,000
      2,026 SF

      Bellville Farmhouse on 2.31 Acres

      Modern 3-bedroom farmhouse on 2.31 acres near Bellville, TX.
      9467 Loop Road, Bellville, TX 77418
      View Details
    • $1,225,000
      3,584 SF

      Bellville Farm-Ranch Estate on Acres

      Custom-built estate on 38+ acres with barns and natural beauty.
      144 Century Lane, Bellville, TX 77418
      View Details
    • $525,000
      1,581 SF

      Bellville Acreage with Remodel Potential

      Two-acre property in Bellville with a 1,581 SF home.
      127 North Mechanic Street, Bellville, TX 77418
      View Details
    • $454,000
      1,496 SF

      Bellville Acreage with Functional Home

      Charming country property on 1.54 acres with mature surroundings.
      795 Bader Drive, Bellville, TX 77418
      View Details
    • $415,000
      1,692 SF

      Ranch Home Near Bellville

      Inviting ranch home on 2 acres near Bellville, Texas.
      2144 Wendt Road, Bellville, TX 77418
      View Details
    • $4,950,000
      4,595 SF

      Hilltop Estate on 108+ Acres

      Estate with custom home, guest cottage, barn, and scenic views.
      1893 Highway 159 East, Bellville, TX 77418
      View Details
    • $1,225,000
      3,584 SF

      Bellville Estate on 38 Acres

      Custom-built home on 38 acres with barns and ponds.
      144 Century Ln, Bellville, TX 77418
      View Details
    • $350,000

      Improved Land Ready for Home

      5.214 acres with barns, pond, and utilities near Bellville.
      8573 Loop Road, Bellville, TX 77418
      View Details
    • $1,633,000

      71 Acres Ives Creek Retreat

      71-acre retreat near Bellville, TX, with diverse natural features.
      00 Ives Creek Road, Bellville, TX 77418
      View Details
    • $574,900

      Unrestricted Acreage with Country Home

      Country home on 13 unrestricted acres, perfect for grazing.
      3518 Oil Field Rd, Bellville, TX 77418
      View Details
    • $495,000

      11.94 Acre Tract For Sale

      11.94 acre tract with pond, well, and septic.
      3507 Oil Field Rd, Bellville, TX 77418
      View Details
    • $775,000

      20 Acres in Austin County

      20-acre ag-exempt property with pond, barn, and farmhouse.
      7017 - B Old Highway 36, Bellville, TX 77418
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 31.5 acre property with remodeled home and guest house.
    Where is this agricultural land / farmland located?
    The property is located at 15294 Lake Road Bellville, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 31.5 acre property with peaceful country setting, just 7 miles from Bellville.; Main home is remodeled and updated with **new roof, HVAC, windows, doors, and siding.**; **New pool with hot tub, landscaping, and fire pit** for entertaining.
    (979) 865-3558
    We can help!
    Listing Contact
    SHANNON DORNON
    SHANNON DORNON
    Real Estate License ID: 0565150
    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
    15294 Lake Road, Bellville, TX 77418
    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!