Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Legacy Road 5 acres Caldwell, TX 77836

    View on Map
    Claim this Listing
    New
    For Sale
    $154,500

    LAND - Caldwell, TX

    Lot size:
    5.00 Acres
    Added:
    May 8, 2026
    Days on Market:
    1
    Last Refresh:
    May 8 at 4:06 pm

    Property Features for Legacy Road 5 acres

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Burleson
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    TBD Legacy Road (5 acres) 603
    Lot size
    5.00 Acres

    We can help!

    Listing Contact
    Melinda Scott
    Melinda Scott

    Listing agent Melinda Scott License #0527396

    Listing office Home & Ranch Real Estate 200 E Buck Street, Caldwell, TX

    Listing date May 8, 2026

    MLS# 26005611 Listing URL

    Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.5‑acre tract ideal for a custom home and hobby farm, offering serene country living.
    • Conveniently located in Central Texas with easy access to Birch Creek State Park (10 miles), Caldwell (16 miles), Brenham (32 miles), and Texas A&M (35 miles).
    • Features include a gated entrance, partial fencing, rolling topography, and mature trees for privacy.
    • Animals welcome: Horses, goats, and chickens are permitted.
    • Build with the builder of your choice.
    • Light restrictions in place to protect property values (no mobile homes).

    Overview

    Serene 5-Acre Country Living

    This 5-acre tract, located in Serenity Ranch Estates, offers country living with space for a dream home and hobby farm. The property includes a gated entrance, partial fencing, rolling topography, and mature trees, with wooded tree lines for privacy. Light restrictions are in place, prohibiting mobile homes, while horses, goats, and chickens are permitted. Residents can select their own builder. Bluebonnet Electric service is available in the area. Situated in the heart of Central Texas, the tract is 10 miles from Birch Creek State Park at Lake Somerville, 16 miles to Caldwell, 32 miles to Brenham, 35 miles to Kyle Field at Texas A&M, 76 miles to Austin, and 106 miles to Houston. The property is zoned Burleson and is suitable for agricultural and commercial real estate use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Spa & Massage Center Auto Repair Shop Food Market Grocery & Convenience Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Burleson
    State
    Texas
    Longitude
    -96.771653
    Latitude
    30.508

    Nearby Similar for Sale

    • $999,000
      20,840 SF

      Caldwell TX Storage Facility

      Storage facility with 122 units in Caldwell, Texas.
      412 City Street, Caldwell, TX 77836-1511
      View Details
    • $535,000

      Caldwell Land For Sale

      6.68+ acre commercial land with utilities in Caldwell, TX.
      Hull Street (+6.68 acres), Caldwell, TX 77836
      View Details
    • $475,000
      3,300 SF

      Storage and RV Park For Sale

      RV park and storage units with development potential in Caldwell.
      1144 STATE HWY 36, Caldwell, TX 77836
      View Details
    • $699,000
      2,692 SF

      Caldwell, TX Farm and Ranch

      23-acre property with two residences near Caldwell, Texas.
      6881 Farm To Market Road 2000, Caldwell, TX 77836
      View Details
    • $525,000
      1,467 SF

      Established Commercial Property in Caldwell, TX

      Turn-key commercial property with highway frontage, ideal for various ventures.
      101 STATE HWY 21 E, Caldwell, TX 77836
      View Details
    • $185,000

      Caldwell Land with Beaver Creek Amenities

      7.97 acres in Beaver Creek, near Bryan-College Station.
      789 Quail Hollow Drive, Caldwell, TX 77836
      View Details
    • $934,800

      Highway Frontage Land Near Caldwell

      64.47 acres of highway frontage property near Caldwell, Texas.
      ST HWY 36 N, Caldwell, TX 77836
      View Details
    • $497,000

      Caldwell Land with Views

      Homesite with views of Royalty Pecan Farm.
      Brazos Court (9.3 Acres), Caldwell, TX 77836
      View Details
    • $460,000

      Land with Views Near BCS

      Homesite with views of Royalty Pecan Farm and A&M.
      Brazos Court (6.96 Acres), Caldwell, TX 77836
      View Details
    • $1,415,000

      Versatile Land in Deanville Community

      67+ acres with water, electric, and road frontage.
      FM 111 (+/- 67 acres), Caldwell, TX 77836
      View Details
    • $84,900

      Land in Caldwell, Texas

      2.14 acre lot with utilities near Caldwell, Texas.
      3298 W Pin Oak Lane, Caldwell, TX 77836
      View Details
    • $471,250

      Land in Brazos Reserve

      Homesite in Brazos Reserve near Royalty Pecan Farms orchard.
      Brazos Court (7.48 Acres), Caldwell, TX 77836
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5-acre tract near Lake Somerville, ideal for hobby farm.
    Where is this agricultural land / farmland located?
    The property is located at Legacy Road 5 acres Caldwell, TX.
    What is the asking price?
    The asking price for this property is $154,500.
    What are key features of this property?
    This property features: 1.5‑acre tract ideal for a custom home and hobby farm, offering serene country living.; Conveniently located in Central Texas with easy access to Birch Creek State Park (10 miles), Caldwell (16 miles), Brenham (32 miles), and Texas A&M (35 miles).; Features include a gated entrance, partial fencing, rolling topography, and mature trees for privacy.
    (979) 272-1759
    We can help!
    Listing Contact
    Melinda Scott
    Melinda Scott
    Real Estate License ID: 0527396
    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
    Legacy Road (5 acres), Caldwell, TX 77836
    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!