Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3.5 Acres in Lavaca County Title is generated by Realmo AI

    164 County Road 187, Hallettsville, TX 77964

    View on Map
    Claim this Listing
    For Sale
    $105,000

    3.5 acres of land with owner financing available.

    Type:Land
    Lot size:
    3.50 Acres
    Added:
    Apr 26, 2026
    Days on Market:
    37
    Last Refresh:
    Apr 26 at 12:48 pm

    Property Features for 164 County Road 187

    General Information

    Standard status
    Active
    Lot size
    3.50 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Kristine Schmidt
    Kristine Schmidt

    Listing agent Kristine Schmidt License #0549166

    Listing office Schmidt Ranches & Realty

    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 Schmidt Ranches & Realty

    HighLights

    • Owner financing available with $10K down.
    • 3.50 acres of land.
    • Blank canvas for future homestead.
    • Beautiful country views.
    • Paved county road access.
    • Close proximity to Hallettsville, Texas.

    Overview

    This 3.50 acre tract in Lavaca County provides an open space for potential residential use. The property features country views and paved county road access. Located near Hallettsville, Texas, the site offers a rural living environment. Owner financing is available with $10,000 down.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Accounting Firm HVAC Service Garden Center Veterinary Clinic Bed & Breakfast Arcade & Gaming Center Nursing Home Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Hallettsville
    County
    Lavaca
    State
    Texas
    Longitude
    -96.968023
    Latitude
    29.439971

    Nearby Similar for Sale

    • $445,000
      6,696 SF

      High-Visibility Commercial Property on Highway 90A

      Versatile commercial property with highway frontage and multiple buildings.
      1410 Highway 90A East, Hallettsville, TX 77964
      View Details
    • $299,900
      2,400 SF

      Hallettsville Commercial Property For Sale

      2400 SF commercial building on a corner lot.
      201 S Ridge Street, Hallettsville, TX 77964
      View Details
    • $2,195,000
      4,306 SF

      Lavish Country Home on 14 Acres

      Luxury home on 14 acres with pool and guest house.
      779 County Road 532A, Hallettsville, TX 77964
      View Details
    • $476,520
      3,000 SF

      Hallettsville Acreage with Workshop

      39.719 acres with workshop, pond, and agricultural potential.
      2082 Fm 318, Hallettsville, TX 77964
      View Details
    • $1,240,000
      2,358 SF

      Lavaca County Move-In Ready Retreat

      Comfortable, private country living near Hallettsville, Texas, on scenic acreage.
      1800 County Road 122, Hallettsville, TX 77964
      View Details
    • $849,500
      2,466 SF

      Hallettsville Acreage with Custom Home

      Manicured 2-acre property featuring a custom home, pool, and shop.
      262 County Road 002, Hallettsville, TX 77964
      View Details
    • $449,900
      896 SF

      Secluded Hallettsville Acreage with Stocked Ponds

      21.36-acre retreat with ponds, mature oaks, and move-in ready improvements.
      1276 CR 216, Hallettsville, TX 77964
      View Details
    • $3,250,000
      3,264 SF

      Lavaca County Ranch with Home

      190-acre ranch with spacious home near Hallettsville, Texas.
      2421 Farm to Market 155, Hallettsville, TX 77964
      View Details
    • $1,950,000

      203 Acres in Lavaca County

      Versatile property with pasture, woods, and convenient location.
      County Road 138, Hallettsville, TX 77964
      View Details
    • $475,000
      1,615 SF

      Farmhouse on Scenic Acres

      Charming farmhouse on 14.56 acres in Hallettsville, Texas.
      215 County Road 233, Hallettsville, TX 77964
      View Details
    • $575,000
      828 SF

      30.37 AC Recreational Property

      Recreational property with cabin, ponds, barn, and wooded trails.
      1567 County Road 123F, Hallettsville, TX 77964
      View Details
    • $299,999
      2,140 SF

      Hallettsville Home on 3.27 Acres

      Charming 4-bedroom home on 3.27 acres near Hallettsville.
      371 County Road 146, Hallettsville, TX 77964
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 3.5 acres of land with owner financing available.
    Where is this agricultural land / farmland located?
    The property is located at 164 County Road 187 Hallettsville, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: Owner financing available with $10K down.; 3.50 acres of land.; Blank canvas for future homestead.
    (512) 277-4447
    We can help!
    Listing Contact
    Kristine Schmidt
    Kristine Schmidt
    Real Estate License ID: 0549166
    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
    164 County Road 187, Hallettsville, TX 77964
    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!