Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    116 Acres in Coupland, TX Title is generated by Realmo AI

    18402 Manda Carlson Road, Coupland, TX 78615

    View on Map
    Claim this Listing
    For Sale
    $5,000,000

    LAND - Coupland, TX

    Lot size:
    116.68 Acres
    Added:
    Feb 13, 2026
    Days on Market:
    110
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for 18402 Manda Carlson Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    271900
    Lot size
    116.68 Acres

    Taxes and HOA fees

    Tax Description
    ABS 476 SUR 67 LINDSEY I ACR 116.680 (1-D-1)
    Tax Annual Amount
    724

    We can help!

    Listing Contact
    David Murray

    Listing agent David Murray License #0340639

    Listing office Keller Williams Realty Austin, TX

    Listing date Feb 13, 2026

    MLS# 21175208 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 116+/- acres in Pflugerville ETJ, offering significant development or investment potential.
    • Direct access off FM 973 via Felder Lane in a rapidly growing area.
    • Served by Aqua Water with a water line available at the property.
    • Level topography, no FEMA floodplain, and no known restrictions, maximizing usability.
    • Excellent access to Samsung, Tesla, and Austin‑Bergstrom International Airport via 130 Toll Road.
    • Located in Elgin ISD.

    Overview

    This unimproved land, spanning 116.68 acres, is located off FM 973 via Felder Lane. Situated in an area of rapid growth, the property is surrounded by both active and planned development. It falls within the Pflugerville ETJ and is part of the Elgin ISD. A water line is available through Aqua Water. The land features level topography and is not located within a FEMA floodplain, and has no known restrictions. The property offers access to Samsung, Tesla, and Austin-Bergstrom International Airport via the 130 Toll Road. This land is positioned for development, investment, or long-term land hold in the path of Austin’s eastern expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Coupland
    County
    Williamson
    State
    Texas
    Longitude
    -97.44796667
    Latitude
    30.43437223

    Nearby Similar for Sale

    • $2,300,000

      Coupland Ranch with Equestrian Facilities

      31.6-acre ranch featuring a stone home and equestrian amenities.
      1801 County Road 470, Coupland, TX 78615
      View Details
    • $5,000,000

      Prime Development Land in Coupland

      116+ acre tract in high-growth area near major hubs.
      18402 Manda Carlson Road, Coupland, TX 78615
      View Details
    • $5,000,000

      Prime Land in Coupland, TX

      116+/- acres in Pflugerville ETJ, ideal for development/investment.
      18402 Manda Carlson, Coupland, TX 78615
      View Details
    • $476,000

      Coupland, TX Land Opportunity

      8.44 acre lot near Taylor and Pflugerville.
      20646 Cameron Road lot: 3, Coupland, TX 78615
      View Details
    • $2,975,000

      Unrestricted Land in Travis County

      24.4 acres of unrestricted land near major developments.
      20681 Cameron Road, Coupland, TX 78615
      View Details
    • $2,300,000
      2,606 SF

      Texas Ranch with Equestrian Facilities

      31.6-acre ranch with equestrian facilities, near Taylor, Texas.
      1801 County Road 470, Coupland, TX
      View Details
    • $725,000
      1,250 SF

      Prime Land in Growing Coupland

      Land bordered by State Hwy 95 and S. Commerce St.
      14201 State Hwy 95, Coupland, TX 78615
      View Details
    • $476,000

      Land Available in Coupland, Texas

      Land for sale in Coupland, Travis County.
      20646 Cameron RD, Coupland, TX 78615
      View Details
    • $2,975,000

      Land For Sale in Coupland

      Land available in Coupland, Texas.
      19810 Janak RD, Coupland, TX 78615
      View Details
    • Contact for pricing

      Prime Land Near Samsung Campus

      95.631 acres with frontage on FM 973 and Walton Hill Pass.
      11417 Walton Hill Pass, Coupland, TX 78615
      View Details
    • $189,000

      Land Available in Coupland, Texas

      Land for sale in Coupland, Texas, priced at $219,000.
      2069 County Road 455 Rd, Coupland, TX 78615
      View Details
    • $9,500,000
      3,083 SF

      91.78 Acres Development Opportunity

      91.78 acres with no restrictions in a prime location.
      19919 Fm 973 Rd N, Coupland, TX 78615
      View Details

    FAQs

    What type of property is this?
    Commercial land - Unimproved land with development potential near Austin's expanding corridor.
    Where is this commercial land located?
    The property is located at 18402 Manda Carlson Road Coupland, TX.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: 116+/- acres in Pflugerville ETJ, offering significant development or investment potential.; Direct access off FM 973 via Felder Lane in a rapidly growing area.; Served by Aqua Water with a water line available at the property.
    (512) 448-4111
    We can help!
    Listing Contact
    David Murray
    Real Estate License ID: 0340639
    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
    18402 Manda Carlson Road, Coupland, TX 78615
    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!