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    Ranch Home on 7+ Acres Title is generated by Realmo AI

    1689 Farm to Market Road 2104, Paige, TX 78659

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    For Sale
    $575,000

    Residential (farm-ranch),Farm,Standard Frame - Paige, TX

    Type:Farm
    Property size:
    1,782 SF
    Lot size:
    7.29 Acres
    Price / SF:
    $322/SF
    Added:
    May 18, 2026
    Days on Market:
    13
    Last Refresh:
    May 30 at 11:06 am

    Property Features for 1689 Farm to Market Road 2104

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Garage
    Vegetation
    Partially Wooded, Wooded
    Exterior features
    Barn(s), Barns, Partially Wooded, Pond, Pens
    Fireplace
    1
    Standard status
    Active
    APN
    66631
    Size
    1,782 SF
    Lot size
    7.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6342

    Utilities

    Heating system
    Central, Fireplace(s)

    Building Details

    Year built
    1990
    Year renovated
    1990
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Ranch
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Tammi Cartwright
    Tammi Cartwright

    Listing agent Tammi Cartwright License #696400

    Listing office HART LAND REAL ESTATE 104 S. MAIN STREET, La Grange, TX

    Listing date May 18, 2026

    MLS# 156250 Listing URL

    Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7.29‑acre property with exceptional privacy, fully fenced and cross‑fenced, ideal for horses, livestock, or a small homestead.
    • Downstairs master suite, plus two additional bedrooms.
    • Large, natural spring‑fed pond perfect for fishing and recreation.
    • 32 x 28 metal building on a concrete slab with AC, suitable for equipment, hobbies, or a workshop.
    • Recent upgrades including a 2024 roof replacement, new water heater, and 44‑panel solar system.
    • Kitchen features stainless steel appliances, concrete countertops, and a stylish glass tile backsplash.

    Overview

    This ranch-style home, situated on 7.29 acres, offers a peaceful country living experience. The property provides privacy with minimal traffic and is located minutes from Paige, Smithville, and Bastrop. The home features three bedrooms and 2.5 bathrooms. The kitchen is equipped with stainless steel appliances, concrete countertops, and a glass tile backsplash. The layout includes a downstairs master suite and two upstairs bedrooms. A large, natural spring-fed pond is suitable for fishing and enjoying the views. The land is fully fenced and cross-fenced, making it suitable for horses, livestock, or a small homestead. It features a mix of mature trees, including varieties of fruit trees. A 32 x 28 metal building on a concrete slab with AC and a dry good storage building provides versatile space for equipment, hobbies, or a workshop. Recent upgrades include a 2024 roof replacement, a new water heater, a 44-panel solar system, and energy-efficient spray-foam insulation. The property is located in Paige, Texas.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Paige
    County
    Bastrop
    State
    Texas
    Longitude
    -97.078648
    Latitude
    30.151458

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    FAQs

    What type of property is this?
    Farm - Charming ranch home on 7.29 acres near Paige, Texas.
    Where is this farm located?
    The property is located at 1689 Farm to Market Road 2104 Paige, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 7.29‑acre property with exceptional privacy, fully fenced and cross‑fenced, ideal for horses, livestock, or a small homestead.; Downstairs master suite, plus two additional bedrooms.; Large, natural spring‑fed pond perfect for fishing and recreation.
    (979) 968-3892
    We can help!
    Listing Contact
    Tammi Cartwright
    Tammi Cartwright
    Real Estate License ID: 696400
    Learn More
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    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
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