Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Keidel Rand Rd Comfort, TX 78028

    Sponsored
    For Sale
    $666,770

    29 Acres, Hunting, Home Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    409
    This exceptional 28.99-acre property in Kerr County, Texas, presents a unique opportunity. Located along Highway 16 between Kerrville and Fredericksburg, this land boasts stunning 20-mile views and is just 3 miles from Pressler-Henke Road, providing convenient access to both cities (approximately 10 minutes to either). The land features mature hardwood trees with minimal cedar, creating a picturesque setting. Electricity is already in place, and water access is readily available via well drilling. The property is ideally suited for a primary residence, a weekend retreat, recreational pursuits, or a sound investment. Hunting is permitted, with abundant wildlife including whitetail deer, axis deer, turkey, hogs, fallow deer, red stag, and other species. Neighboring properties feature exotic animals. The property benefits from an ag-exempt status, resulting in low property taxes. Furthermore, owner financing is available, but not required, with a minimum 5% down payment, no prepayment penalties, and fixed interest rates ranging from 8.5% to 9.9%, with lower rates offered for larger down payments. Veteran discounts are also available. Adjacent acreage is available for purchase, allowing for expansion. This is a truly remarkable opportunity to own a piece of the Texas Hill Country. The property is located at Keidel Rand Rd N, Tract 3, Kerrville, TX 78028.

    Property Features for 0 Keidel Rand Rd

    General Information

    Property type
    Farms
    Lot Size
    1,262,804 SF

    We can help!

    Listing Contact
    Jake Budd
    Jake Budd

    Learn more

    HighLights

    • $666,770 asking price for 28.99 acres of land in Kerr County, Texas.
    • Existing electricity on‑site.
    • Adjacent exotic animal facility.
    • Ideal for a primary or secondary residence/ranch.
    • Additional acreage available for purchase.
    • Ag‑exempt, resulting in low property taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Comfort
    County
    Kerr
    State
    Texas
    Longitude
    -99.0264235
    Latitude
    30.0805692

    Nearby Similar for Sale

    • $2,600,000
      85.00 Acres

      Comfort, TX Ranch with Views

      84.84 acre ranch with custom home and panoramic views.
      211 -- Ml Dm, Comfort, TX 78013
      View Details
    • $995,000
      0.15 Acres

      Historic Multi-Use Property in Comfort, TX

      Charming historic property with storefront, bunkhouse, and courtyard in Comfort.
      632-636 -- High St, Comfort, TX 78013
      View Details
    • New
      $1,190,000
      8.15 Acres

      Unrestricted Hill Country Development Opportunity

      8+ acres with I-10 frontage, ideal for development or income.
      50710 Interstate 10, Comfort, TX 78013
      View Details
    • $649,000
      14.00 Acres

      Skyline Mountain: Hill Country Views

      14-acre property with tiny homes and stunning views.
      212 -- Skyline Dr, Comfort, TX 78013
      View Details
    • $1,790,000
      24.43 Acres

      Riverfront Ranch Property Near Comfort, TX

      24.4-acre ranch with Guadalupe River frontage near Comfort, Texas.
      46 Rnch Rd 1621, Comfort, TX 78013
      View Details
    • Contact for pricing
      1 SF

      Multi-Building Wedding Venue in Comfort, Texas

      Unique wedding venue with chapel, reception hall, and overnight accommodations.
      331 Fifth St, Comfort, TX 78013
      View Details
    • $7,850,000

      342-Acre Ranch with Creek Frontage

      Premier Hill Country property with creek frontage and diverse landscape.
      8 Cypress Creek Rd, Comfort, TX 78013
      View Details
    • $2,695,000

      Guadalupe River Ranch with Home

      85-acre ranch with river frontage and comfortable home.
      505 Fm 473, Comfort, TX 78013
      View Details
    • $1,095,000

      Hill Country Ranch with Views

      Private ranch retreat with panoramic views and end-of-road seclusion.
      225 Valley View Rd, Comfort, TX 78013
      View Details
    • $395,000

      Texas Hill Country Versatile Property

      Acreage, horse barn, mature trees, and two mobile homes.
      130B Peek Ranch Rd, Comfort, TX 78013
      View Details
    • $2,600,000

      Hill Country Ranch with Views

      84.84 acre ranch with custom home and panoramic views.
      211 Mill Dam Rd, Comfort, TX 78013
      View Details
    • $1,500,000

      Historic Comfort Feed Store

      High-profile location with multiple buildings, retail/restaurant/rental potential.
      407 High St, Comfort, TX 78013
      View Details

    FAQs

    What type of property is this?
    Farm - 29 Acres, Hunting, Home Site
    Where is this farm located?
    The property is located at Keidel Rand Rd Comfort, TX.
    What is the asking price?
    The asking price for this property is $666,770.
    What are key features of this property?
    This property features: $666,770 asking price for 28.99 acres of land in Kerr County, Texas.; Existing electricity on-site.; Adjacent exotic animal facility.
    Request Owner's contact information
    Keidel Rand Rd Comfort, TX 78028
    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.
    Keidel Rand Rd
    Comfort, TX 78028
    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
    Keidel Rand Rd Comfort, TX 78028
    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

    We can help!
    Listing Contact
    Jake Budd
    Jake Budd
    Real Estate License ID: 764818
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.