Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9369 Hwy 159 E Bellville, TX 77418

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Large tract of land with lake, well, and highway frontage.

    Type:Land
    Lot size:
    192.37 Acres
    Added:
    Apr 14, 2023
    Days on Market:
    1109
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 9369 Hwy 159 E

    General Information

    Standard status
    Active
    Lot size
    192.37 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Rosa Acosta

    Listing agent Rosa Acosta License #0468265

    Listing office Rosa Acosta

    Listing date Apr 14, 2023

    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 Rosa Acosta

    Overview

    192 Acres Near Highway 159

    This 192.368-acre tract is located approximately 45 minutes west of Houston, between Highway 290 and the I-10 corridor. The property features a 4-acre lake and a 320-foot deep water well. Electric service is available on the property, along with an underground water line connecting the well to the lake. The land is currently used as a Jiggs Bermuda hay pasture. It has approximately 2859 feet of frontage on Highway 159. Austin County water supply is available along Highway 159. The property also has gravel road frontage on Walton Road and is fenced. It is currently ag exempt for cattle and hay production.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Grocery & Convenience Store Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellville
    County
    Austin
    State
    Texas
    Longitude
    -96.1490641
    Latitude
    30.0163675

    Nearby Similar for Sale

    • $698,000
      2,026 SF

      Bellville Farmhouse on 2.31 Acres

      Modern 3-bedroom farmhouse on 2.31 acres near Bellville, TX.
      9467 Loop Road, Bellville, TX 77418
      View Details
    • $525,000
      1,581 SF

      Bellville Acreage with Remodel Potential

      Two-acre property in Bellville with a 1,581 SF home.
      127 North Mechanic Street, Bellville, TX 77418
      View Details
    • $350,000

      Improved Land Ready for Home

      5.214 acres with barns, pond, and utilities near Bellville.
      8573 Loop Road, Bellville, TX 77418
      View Details
    • $4,950,000
      4,595 SF

      Hilltop Estate on 108+ Acres

      Estate with custom home, guest cottage, barn, and scenic views.
      1893 Highway 159 East, Bellville, TX 77418
      View Details
    • $400,000

      Bellville Land with Highway Frontage

      1.2 acres in Bellville, TX with residential/commercial potential.
      863 Highway 159 West, Bellville, TX 77418
      View Details
    • $1,633,000

      71 Acres Ives Creek Retreat

      71-acre retreat near Bellville, TX, with diverse natural features.
      00 Ives Creek Road, Bellville, TX 77418
      View Details
    • $775,000

      20 Acres in Austin County

      20-acre ag-exempt property with pond, barn, and farmhouse.
      7017 - B Old Highway 36, Bellville, TX 77418
      View Details
    • $142,500

      Residential Lot in Established Neighborhood

      Residential lot with utilities available in Bellville, Texas.
      731 South Tesch Street, Bellville, TX 77418
      View Details
    • $415,000
      1,692 SF

      Ranch Home Near Bellville

      Inviting ranch home on 2 acres near Bellville, Texas.
      2144 Wendt Road, Bellville, TX 77418
      View Details
    • $574,900

      Unrestricted Acreage with Country Home

      Country home on 13 unrestricted acres, perfect for grazing.
      3518 Oil Field Rd, Bellville, TX 77418
      View Details
    • $2,399,000

      Bellville Land with Highway Frontage

      177.84 acres with highway frontage, ideal for recreation.
      10463 Texas 36, Bellville, TX 77418
      View Details
    • $495,000

      11.94 Acre Tract For Sale

      11.94 acre tract with pond, well, and septic.
      3507 Oil Field Rd, Bellville, TX 77418
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Large tract of land with lake, well, and highway frontage.
    Where is this agricultural land / farmland located?
    The property is located at 9369 Hwy 159 E Bellville, TX.
    What is the asking price?
    The asking price for this property is $4,039,728.
    What are key features of this property?
    This property features: Large 192.368 acre tract, ideal for various uses.; Conveniently located between Hwy 290 and I‑10, 45 minutes west of Houston.; Highway 159 frontage of approximately 2859 feet.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rosa Acosta
    Real Estate License ID: 0468265
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!