Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Desirable Land Perfect for Farming Title is generated by Realmo AI

    277 Fm 672, Dale, TX 78616

    View on Map
    Claim this Listing
    For Sale
    $499,900

    Land suitable for farming, agriculture, home site, or development.

    Type:Land
    Added:
    Jul 15, 2024
    Days on Market:
    689
    Last Refresh:
    May 25 at 9:47 pm

    Property Features for 277 Fm 672

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Andy Patlan
    Andy Patlan

    Listing agent Andy Patlan License #0534567

    Listing office Citywide Realty

    Listing date Jul 15, 2024

    Source Exprealty

    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 Citywide Realty

    HighLights

    • Excellent location with terrific access to Farm to Market Road 672.
    • Land is perfect for farming, agriculture, personal home site, or development.
    • Water and electric meters on property.
    • Fully fenced for livestock.
    • Extremely desirable land.

    Overview

    This land is suitable for farming, agriculture, a personal home site, or development. It features access to Farm to Market Road 672. Water and electric meters are located on the property. The property is fully fenced for livestock.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Hair Salon Hotel & Motel Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Dale
    County
    Caldwell
    State
    Texas
    Longitude
    -97.5240502
    Latitude
    29.9917648

    Nearby Similar for Sale

    • $582,500
      1,083 SF

      22-Acre Development Land Tract

      Dual access and existing power access along FM 1854 support a range of residential and light commercial development concepts.
      Fm 1854, Dale, TX 78616
      View Details
    • $2,080,000

      Raw Land in Dale, TX

      69+ acres of versatile land with highway frontage.
      Fm 1854, Dale, TX 78616
      View Details
    • $250,000

      9.9 Acres Heavily Treed Land

      9.9 acres in growing area, close to Austin.
      320 Hillcrest Lane lot: 11, Dale, TX 78616
      View Details
    • $105,000

      Corner Lot in Dale, TX

      1.82 acre corner lot ideal for commercial or residential use.
      100 Track Road, Dale, TX 78616
      View Details
    • $250,000
      217,800 SF

      5 Acre Corner Lot in Dale

      5 acre corner lot ready for custom or manufactured home.
      81 Sandy Creek Rd, Dale, TX 78616
      View Details
    • $259,000

      Land on FM 20 E

      5.6 acres between Lockhart and Bastrop with highway frontage.
      8729 E Fm 20, Dale, TX 78616
      View Details
    • $360,000

      Dale, TX Land Opportunity

      12.5 acres near Lockhart with potential homesites and wildlife.
      2915 Tumbleweed Trail, Dale, TX 78616
      View Details
    • $100,000
      47,044 SF

      Acre Lot in Dale, TX

      Residential land in Dale, TX, ideal for custom build.
      Sandy Creek Rd, Dale, TX 78616
      View Details
    • $210,000

      Texas Land Parcel For Sale

      8.01-acre tract in Dale, TX, ideal for custom home.
      TBD Lot 1 Track Road, Dale, TX 78616
      View Details
    • $134,900

      Dale, TX Homesite Opportunity

      1+ acre homesite with flexible owner financing.
      415 Beckham Drive lot: 7, Dale, TX 78616
      View Details
    • $125,400

      Land in Dale, Texas

      2.4-acre tract for peaceful country living with utilities.
      TBD Lot 3 Track Road, Dale, TX 78616
      View Details
    • $125,400

      2.7 Acres in Dale, TX

      2.7-acre property with shared well and electricity access.
      TBD Lot 2 Track Road, Dale, TX 78616
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Land suitable for farming, agriculture, home site, or development.
    Where is this agricultural land / farmland located?
    The property is located at 277 Fm 672 Dale, TX.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Excellent location with terrific access to Farm to Market Road 672.; Land is perfect for farming, agriculture, personal home site, or development.; Water and electric meters on property.
    (512) 784-0048
    We can help!
    Listing Contact
    Andy Patlan
    Andy Patlan
    Real Estate License ID: 0534567
    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
    277 Fm 672, Dale, TX
    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!