Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land Near Highway 290 Title is generated by Realmo AI

    TBD Lot 2 County Road 127, Ledbetter, TX 78946

    View on Map
    Claim this Listing
    For Sale
    $259,000

    Unrestricted 10.2 acre land, convenient access to Houston and Austin.

    Type:Farm and Ranch Properties
    Lot size:
    10.20 Acres
    Added:
    May 8, 2026
    Days on Market:
    29
    Last Refresh:
    May 8 at 5:08 pm

    Property Features for TBD Lot 2 County Road 127

    General Information

    Standard status
    Active
    Lot size
    10.20 Acres
    Property subtype
    Farm and Ranch Properties

    We can help!

    Listing Contact
    James Millner

    Listing agent James Millner

    Listing office

    Listing date May 8, 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 James Millner

    HighLights

    • Unrestricted land with multiple homesites available.
    • Convenient location: close to Giddings, Round Top, Brenham, Austin, and easy access to Highway 290.
    • Suitable for RVs, weekend getaways, or building a dream home.
    • 10.2 acres of unimproved land in a picturesque setting.
    • Currently exempt from restrictions.
    • Financing options available.

    Overview

    This is 10.2 acres of unrestricted, raw land, located just 5 minutes off Highway 290. The property is situated approximately 8 minutes from Giddings, 20 minutes from Round Top, and 35 minutes from Brenham, with Austin about an hour away. The land is currently exempt. It is suitable for RVs and other potential uses include a weekend retreat or a future homesite. Five homesites are available. The location is served by Giddings schools. Additional acreage is available, with options ranging from 10 to 50 acres.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ledbetter
    County
    Fayette
    State
    Texas
    Longitude
    -96.808135
    Latitude
    30.182585

    Nearby Similar for Sale

    • $795,000
      2,210 SF

      Updated Barndominium with Horse Barn

      Updated barndominium on 10 acres with horse facilities.
      7210 Goehring Road, Ledbetter, TX 78946
      View Details
    • $900,000
      1,530 SF

      55+ Acre Income-Producing Property

      55+ acre property near Lake Somerville with income potential.
      4254 FM 180, Ledbetter, TX 78946
      View Details
    • $499,000
      2,000 SF

      Ledbetter Log Home on Acreage

      Rustic log home on 5 acres with stocked pond.
      1555 Wildwood Road, Ledbetter, TX 78946
      View Details
    • $535,000

      Ledbetter Acreage on Greens Creek

      27.491 acres of rolling, wooded countryside in Ledbetter, TX.
      2231 Greens Creek Road, Ledbetter, TX 78946
      View Details
    • $180,000

      Heavily Wooded Acreage Near Lake

      7.7 acres of unrestricted land close to Lake Somerville.
      TBD Tract 2 FM 180, Ledbetter, TX 78946
      View Details
    • $900,000
      1,530 SF

      Lee County Acreage with Income

      55+ acre property near Lake Somerville with income potential.
      4254 Fm 180, Ledbetter, TX
      View Details
    • $1,225,000
      1,960 SF

      Picturesque Ranch in Fayette County

      63+ acre ranch with home, pastures, and tranquil pond.
      8232 Farm To Market Road 2145, Ledbetter, TX 78946
      View Details
    • $9,695,070

      979 Acres Ranch in Ledbetter, TX

      Picturesque 979-acre ranch in Lee County with diverse recreational opportunities.
      0 County Road 119, Ledbetter, TX 78946
      View Details
    • $2,514,600

      Lee County Ranch Land

      254-acre ranch in Lee County with diverse recreational opportunities.
      0 County Road 127, Ledbetter, TX 78946
      View Details
    • $299,000

      Unimproved Land in Ledbetter, Texas

      17 acres of land between Houston and Austin.
      County Road 123, Ledbetter, TX 78946
      View Details
    • $1,695,000

      Family Retreat on 18 Acres

      18-acre family retreat with main house, guest cabins, and amenities.
      8518 Fm 2145, Ledbetter, TX 78946
      View Details
    • $535,000

      27+ Acres Wooded Countryside Tract

      27.491 acres of rolling, wooded countryside in Fayette County.
      2231 Greens Creek Rd, Ledbetter, TX 78946
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unrestricted 10.2 acre land, convenient access to Houston and Austin.
    Where is this agricultural land / farmland located?
    The property is located at TBD Lot 2 County Road 127 Ledbetter, TX.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: Unrestricted land with multiple homesites available.; Convenient location: close to Giddings, Round Top, Brenham, Austin, and easy access to Highway 290.; Suitable for RVs, weekend getaways, or building a dream home.
    (512) 563-9132
    We can help!
    Listing Contact
    James Millner
    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
    TBD Lot 2 County Road 127, Ledbetter, TX 78946
    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!