Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    150 Acres with Hunting Setup Title is generated by Realmo AI

    1052 Steep Road, Del Rio, TX 78840

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    150-acre hunting and recreational land with cabin.

    Type:Land
    Lot size:
    150.00 Acres
    Added:
    Aug 21, 2024
    Days on Market:
    653
    Last Refresh:
    May 12 at 10:48 pm

    Property Features for 1052 Steep Road

    General Information

    Standard status
    Active
    Lot size
    150.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Ulisses Iglesias

    Listing agent Ulisses Iglesias

    Listing office Prime Luxury Real Estate LLC

    Listing date Aug 21, 2024

    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 Prime Luxury Real Estate LLC

    HighLights

    • 150‑acre property, ideal for hunting, boasting diverse wildlife.
    • Equipped for hunting: 7 hunting blinds, 7 feeders, and 4 cameras.
    • Includes a 2‑bedroom, 1‑bath cabin for comfortable accommodations.
    • Offers stunning Texas Hill Country scenery.
    • Easy access from major roads (Hwy 277 & Dolan Creek Rd).
    • Owner financing available (10% down, 12% interest, 4‑year balloon, 30‑year amortization).

    Overview

    This 150-acre property, located at Hwy 277 & Dolan Creek Rd, is equipped with 7 hunting blinds, 7 feeders, and 4 cameras. The land is populated with wild sheep, mountain hogs, white-tailed deer, audad deer, axis deer, and peri beam. A 2-bedroom, 1-bath cabin is included on the property. The location offers Texas Hill Country scenery and accessibility from major roads. Owner financing is available with terms of 10% down, 12% interest, a 4-year balloon, and a 30-year amortization.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Del Rio
    County
    Val Verde
    State
    Texas
    Longitude
    -100.898
    Latitude
    29.8301

    Nearby Similar for Sale

    • $539,000
      2,676 SF

      Medical Office Building Near Hospital

      Medical office building with expansion potential near Val Verde Hospital.
      1011 E 7th, Del Rio, TX 78840
      View Details
    • $1,200,000
      6,350 SF

      Corner Retail and Office Building

      Recently updated corner property with offices, open areas, event room, and dual-stall restrooms along Veterans Blvd.
      408, 410, 414 Veterans Blvd, Del Rio, TX 78840
      View Details
    • $525,000
      1,576 SF

      Prime Commercial Property Near HEB

      High-traffic location with established mechanic shop and retail potential.
      402&406 E 2nd St, Del Rio, TX 78840
      View Details
    • $499,000
      9,483 SF

      Del Rio Retail/Industrial Opportunity

      9,483 SF mixed-use commercial property in high-traffic area.
      201 Avenue A, Del Rio, TX 78840
      View Details
    • $590,000
      3,000 SF

      Del Rio Commercial Auto Shop

      Commercial property in Del Rio business center, formerly an auto shop.
      401-403 E 3rd, Del Rio, TX 78840
      View Details
    • $330,000
      3,200 SF

      Del Rio Office Building For Sale

      3,200 sq ft office building in Del Rio, TX.
      200 Kings Way, Del Rio, TX 78840
      View Details
    • $425,000
      2,080 SF

      Del Rio Office on Veterans

      2,080 SF commercial property on high-traffic Veterans Blvd.
      3711 Veterans, Del Rio, TX 78840
      View Details
    • $1,800,000
      10,400 SF

      Freestanding Building in Del Rio

      Prime location building suitable for retail, office, or medical.
      901 Veterans, Del Rio, TX 78840
      View Details
    • $449,000
      3,000 SF

      Established Bar with Lake View

      Turn-key bar business opportunity on 1.6 acres with furnishings.
      9145 W HWY 90, Del Rio, TX 78840
      View Details
    • $94,900
      1,554 SF

      Del Rio Office Building

      Former office building on 0.44 acres in Del Rio.
      505 & 507 W. Martin, Del Rio, TX 78840
      View Details
    • $285,000

      Commercial Building in Del Rio

      Versatile commercial building on three lots, ideal for various uses.
      601-603-605 E 7Th, Del Rio, TX 78840
      View Details
    • $355,000
      3,817 SF

      Income-Producing Fourplex in Central Del Rio

      Well-maintained four-unit property near schools, shopping, and dining.
      101 Shannon, Del Rio, TX 78840
      View Details

    FAQs

    What type of property is this?
    Hunting land - 150-acre hunting and recreational land with cabin.
    Where is this hunting land located?
    The property is located at 1052 Steep Road Del Rio, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 150‑acre property, **ideal for hunting**, boasting diverse wildlife.; **Equipped for hunting:** 7 hunting blinds, 7 feeders, and 4 cameras.; Includes a 2‑bedroom, 1‑bath cabin for comfortable accommodations.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ulisses Iglesias
    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
    1052 Steep Road, Del Rio, TX 78840
    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!