Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6.3 Acres Homesite in Franklin, TX Title is generated by Realmo AI

    Lone Star Lane, Franklin, TX 77856

    View on Map
    Claim this Listing
    For Sale
    $173,250

    LAND - Franklin, TX

    Lot size:
    6.30 Acres
    Added:
    Jul 24, 2025
    Days on Market:
    299
    Last Refresh:
    May 18 at 12:06 pm

    Property Features for Lone Star Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Robertson
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    0000 Lone Star 202
    Lot size
    6.30 Acres

    We can help!

    Listing Contact
    Rodney McFadden

    Listing agent Rodney McFadden License #0626461

    Listing office Captiva Realty 111 E Decherd St., Franklin, TX

    Listing date Jul 24, 2025

    MLS# 25008175 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

    • Majestic views of the surrounding countryside on an elevated 6.3‑acre homesite.
    • Conveniently located less than 4 miles from Franklin, TX.
    • Utilities available: metered water from Robertson County Water Supply and electricity from Navasota Electric Company.
    • Paved road access directly to the driveway.
    • Located just 2 miles from the Franklin Ranch Community Park.
    • Barbed wire fencing present.

    Overview

    This elevated 6.3 acre homesite offers views of the surrounding countryside. The property is located on a paved county road less than 4 miles from Franklin, TX, and 2 miles from the Franklin Ranch Community Park. It features access to metered water from Robertson County Water Supply and electricity from Navasota Electric Company. Paved roads provide access to the driveway, offering the conveniences of city life combined with a country setting. This property is zoned Robertson.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Franklin
    County
    Robertson
    State
    Texas
    Longitude
    -96.492608
    Latitude
    31.066279

    Nearby Similar for Sale

    • $210,000

      Residential Land in Franklin, TX

      4.08 acres in Robertson County, perfect for custom home.
      1311 Azalea Drive, Franklin, TX 77856
      View Details
    • $820,000

      Franklin Ranch Land For Sale

      99.99 acres in Franklin ISD, wooded with open pasture.
      2874 Old Boone Prairie Road, Franklin, TX 77856
      View Details
    • $275,000

      Franklin, TX 15-Acre Land Parcel

      15 acres of countryside to build your dream home.
      468 Deep Creek Lane, Franklin, TX 77856
      View Details
    • $9,999,999

      Turnkey Safari Park and Ranch

      Fully operational wildlife park on 240 acres in Texas.
      Tbd W HWY 79, Franklin, TX 77856
      View Details
    • $349,500

      Franklin, TX Hunting and Home

      22.2 acres of hunting land near Franklin, TX.
      Kelley Ln, Franklin, TX 77856
      View Details
    • $134,000

      Wooded Land in Franklin, TX

      5.51 acres of wooded land, ideal for a dream home.
      Lot 18 Sawmill RD (+/-5.51 acres), Franklin, TX 77837
      View Details
    • $497,000

      Franklin, TX Land with Barn

      11.88 acre land near Texas A&M with horse barn.
      Hudson Farms Road - Tract 5 (+/-11.8 acres), Franklin, TX 77859
      View Details
    • $1,200,000

      Franklin, TX Ranch Property

      Beautiful ranch property near Franklin, Texas with diverse potential.
      18402 Fm 2293, Franklin, TX 77856
      View Details
    • $349,900

      Franklin, TX 27 Acre Homesite

      27 acre homesite in a private, peaceful country setting.
      4409 Old Boone Prairie Road, Franklin, TX 77856
      View Details
    • $340,000

      Franklin, TX 22+ Acre Tract

      22+ acre tract in Franklin, TX with country living.
      2534 Old Hickory Grove Rd, Franklin, TX 77856
      View Details
    • $300,000

      Franklin, TX 10-Acre Land

      10 acres of land between Franklin and Bryan/College Station.
      S FM 46 (+/- 10 acres), Franklin, TX 77856
      View Details
    • $150,000

      Franklin, TX Homesite Potential

      Potential homesite near Franklin, TX with scattered trees.
      0000 Henry Prairie RD Henry Prairie Rd County Road, Franklin, TX 77856
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Elevated 6.3 acre homesite with majestic views near Franklin, TX.
    Where is this residential land & home lot located?
    The property is located at Lone Star Lane Franklin, TX.
    What is the asking price?
    The asking price for this property is $173,250.
    What are key features of this property?
    This property features: Majestic views of the surrounding countryside on an elevated 6.3‑acre homesite.; Conveniently located less than 4 miles from Franklin, TX.; Utilities available: metered water from Robertson County Water Supply and electricity from Navasota Electric Company.
    (979) 324-4363
    We can help!
    Listing Contact
    Rodney McFadden
    Real Estate License ID: 0626461
    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
    Lone Star Lane, Franklin, TX 77856
    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!