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    Luxurious Estate on Pristine Acres Title is generated by Realmo AI

    19525 Doerre Rd, Spring, TX 77379

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    For Sale
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    Sprawling estate with multiple residences, resort pool, and extensive amenities.

    Type:Multifamily, Special Purpose
    Property size:
    30,000 SF
    Lot size:
    10.80 Acres
    Price / SF:
    $366/SF
    Added:
    Sep 11, 2025
    Days on Market:
    244
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 19525 Doerre Rd

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Lot size
    10.80 Acres
    Property subtype
    Multifamily, Special Purpose

    Building Details

    Year Built
    1999

    We can help!

    Listing Contact
    Kim Richard

    Listing agent Kim Richard License #821312

    Listing office First Class Realtors

    Listing date Sep 11, 2025

    Source Crexi

    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 First Class Realtors

    HighLights

    • Luxurious estate on 10.8 acres with lake access stocked with trophy bass.
    • Boasting over 40,000 SF of living space, including a magazine‑worthy primary estate and five junior estates.
    • Enjoy a resort‑style pool with cabanas and an incredible 22 garage spaces.
    • Features 30 bedrooms, 31 baths, and 5 half baths; renovated in 2020.
    • Features include a banquet hall, commercial kitchen, home theater, and office complex with a fitness center.
    • The owner's suite offers a 25' ceiling, luxurious en suite with sunken jacuzzi tub, and private exercise room.

    Overview

    This estate, renovated in 2020, is situated on 10.8 acres and includes access to a lake stocked with trophy bass. The property features a primary estate, five junior estates, a resort-style pool with cabanas, and 22 garage spaces with two garage apartments. The total living space exceeds 40,000 square feet. The estate contains 30 bedrooms, 31 bathrooms, and 5 half bathrooms. Interior features include granite countertops in all wet areas, two wet bars, and updated fixtures in all bathrooms. The primary estate bedrooms include en suites. Additional amenities include a home theater, a banquet hall, a commercial kitchen, and an office complex with a fitness center. The owner’s suite features a 25-foot ceiling, a luxurious en suite with a sunken jacuzzi tub, and a private exercise room. This property is suitable for use as a family compound, bed and breakfast, wedding venue, or event center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Light Christian ... Church

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.53683
    Latitude
    30.059366

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    FAQs

    What type of property is this?
    Wedding venue - Sprawling estate with multiple residences, resort pool, and extensive amenities.
    Where is this wedding venue located?
    The property is located at 19525 Doerre Rd Spring, TX.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: Luxurious estate on 10.8 acres with lake access stocked with trophy bass.; Boasting over 40,000 SF of living space, including a magazine‑worthy primary estate and five junior estates.; Enjoy a resort‑style pool with cabanas and an incredible 22 garage spaces.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kim Richard
    Real Estate License ID: 821312
    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.

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