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

    0000 La Herradura Road Lot 12 Lajitas, TX 79852

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

    739-acre development tract with breathtaking views and resort lifestyle.

    Type:Land
    Added:
    Aug 26, 2024
    Days on Market:
    608
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 0000 La Herradura Road Lot 12

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Thomas Johnston

    Listing agent Thomas Johnston License #TX 542176

    Listing office The Real Estate Ranch

    Listing date Aug 26, 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 The Real Estate Ranch

    Overview

    Lajitas Golf Resort Ranchettes

    The Ranches at Well Creek - Lajitas Golf Resort is a 739-acre development tract featuring 69 tracts with views of the mountain range. Tracts range in size from 5 to 38 acres. Located in a remote region, the property offers a tranquil environment. This is an opportunity to take advantage of the resort Lifestyle by purchasing your own piece of Heaven. Memberships to Black’ Jacks Crossing are available to real estate owners in Phase I (Lots 1-31) and Phase II (Lots 32-69).
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Lajitas
    County
    Brewster
    State
    Texas
    Longitude
    -103.605
    Latitude
    29.3217

    Nearby Similar for Sale

    • $25,000

      Land in Comanche Hills

      Scenic land near Lajitas Golf Resort, ideal for retreat.
      Comanche Hill Dr lot: 19, Lajitas, TX 79852
      View Details
    • $89,750

      Lajitas Golf Resort Land

      7.18 acre tract in Lajitas Golf Resort.
      Herradura Road, Lajitas, TX 79852
      View Details
    • $218,875

      739 Acre Development Tract

      739-acre development tract with 69 tracts near Lajitas Golf Resort.
      Herradura Road, Lajitas, TX 79852
      View Details
    • $35,000

      Secluded Lot in Lajitas Resort

      Secluded 0.6-acre lot with stunning views in Lajitas, Texas.
      Mesa Vista lot: 7, Lajitas, TX 79852
      View Details
    • $250,000

      Land in Lajitas Golf Resort

      Land with mountain and golf course views in gated community.
      Las Montanas lot: 12, Lajitas, TX 79852
      View Details
    • $45,000

      Secluded Land with Expansive Views

      Tranquil 0.6-acre lot with stunning views in Lajitas, TX.
      Mesa Vista lot: 8, Lajitas, TX 79852
      View Details
    • $55,000

      Secluded Lot in Lajitas, TX

      1.24 acre lot with stunning views and resort proximity.
      Mesa Vista lot: 3, Lajitas, TX 79852
      View Details
    • $250,000

      Land in Lajitas Golf Resort

      Gated community land near Big Bend National Park.
      Las Montanas lot: 11, Lajitas, TX 79852
      View Details
    • $250,000

      Land in Lajitas Golf Resort

      Residential land in gated community with mountain and golf views.
      Las Montanas lot: 13, Lajitas, TX 79852
      View Details
    • $25,000

      Secluded Lot with Stunning Views

      Secluded lot in Lajitas Golf Resort with abundant wildlife.
      Mesa Vista lot: 6, Lajitas, TX 79852
      View Details
    • $200,000

      Lajitas Golf Resort Land

      Land in gated community with mountain and golf course views.
      Las Montanas lot: 14, Lajitas, TX 79852
      View Details
    • $43,750

      Land in Comanche Mesa, Lajitas

      Land with panoramic views in Lajitas, Texas.
      Comanche Mesa Drive lot: 19, Lajitas, TX 79852
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 739-acre development tract with breathtaking views and resort lifestyle.
    Where is this agricultural land / farmland located?
    The property is located at 0000 La Herradura Road Lot 12 Lajitas, TX.
    What is the asking price?
    The asking price for this property is $218,875.
    What are key features of this property?
    This property features: Opportunity to purchase property within the Lajitas Golf Resort; First‑time offering of social memberships; Memberships to Black Jack's Crossing available to real estate owners
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Thomas Johnston
    Real Estate License ID: TX 542176
    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!