17839 N State Hwy 16, Medina, TX 78055
- Added:
- Jan 21, 2026
- Days on Market:
- 168
- Last Refresh:
- Jul 8 at 5:06 pm
Property Features for 17839 N State Hwy 16
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- commercial
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 7.00 Acres
Utilities
- Utilities
- Phone Available
- Water source
- Well
Building Details
- Year built
- 2006
- Additional Structures
- Workshop
Listing agent Rebecca Stevens License #0803188 (830) 688-1340
Listing office Hill Country Realty PO BOX 291321, TX (830) 895-5500
Listing date Jan 21, 2026
Copyright © 2026 Kerrville 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 acres of land on Hwy 16 N, conveniently located 4 miles from Medina and 20 miles from Kerrville
- Suitable for residential or commercial use
- Three large metal buildings included
- The largest building has two drive‑in doors, one walk‑through door, and a loading dock
- Mature trees and hill country views
- Well water source
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $9.00 |
| − Vacancy | −$1.6k | −$0.45 |
| EGI | $30.8k | $8.55 |
| − OpEx | −$9.2k | −$2.56 |
| NOI | $21.5k | $5.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Bandera
- State
- Texas
- Longitude
- -99.27996417
- Latitude
- 29.8422326