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    341 County Road 233 Hallettsville, TX 77964

    • Commercial real estate
    • 2,240 SF
    • 6.87 lot acres
    For Sale
    View listing
    $449,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0079028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 341 County Road 233

    Lot size
    6.87 lot acres
    Property size
    2,240 SF
    Property type
    Commercial real estate

    Description

    This exceptional 6.87-acre property in Hallettsville, Texas, presents a unique opportunity. The ranch-style home boasts approximately 2,240 square feet of living space, featuring three spacious bedrooms each with walk-in closets. The open-concept living and kitchen areas are ideal for both entertaining and everyday living, enhanced by wood floors and granite countertops. Mature landscaping provides significant shade and beauty, with several large, century-old live oak and pecan trees gracing the land. The property includes cross-fencing and cattle pens, along with a shed—perfect for various agricultural uses or hobby projects. An agricultural exemption is currently in place. Located at 341 County Road 233, Hallettsville, TX 77964, this property offers a tranquil country setting while remaining conveniently located. The expansive acreage provides ample space for various activities, making it an ideal blend of comfortable living and agricultural potential. This small acreage haven is ready for its next owner. Don't miss this chance to own a piece of Texas country living.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hallettsville
    County
    Lavaca
    State
    Texas
    Longitude
    -96.926713
    Latitude
    29.558183

    Comparable in this City

    • $370,500

      18 Acres Road Frontage Land

      18 acres of land with road frontage near Hallettsville, TX.
      04 Crk 212, Hallettsville, TX 77964
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    • $498,136
      33.43 Acres

      Wooded Acres with Pond

      33.43 acres perfect for recreation, hunting, or a homesite.
      5085 County Road 16, Hallettsville, TX 77964
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    • $129,900
      11.00 Acres

      Hallettsville Acreage: Wooded Recreational Land

      Secluded 11-acre wooded tract ideal for recreation or full-time living.
      000 Private Rd 1581, Hallettsville, TX 77964
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    • $79,000

      Unrestricted Land in Lavaca County

      4.5-acre unrestricted property with road frontage and available electricity.
      Fm-530, Hallettsville, TX 77964
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    • $300,000

      15 Acres Land Between Towns

      15 acres of land between Schulenburg and Hallettsville, Texas.
      05 Crk 212, Hallettsville, TX 77964
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    • $1,599,999

      Hallettsville Land with Stocked Pond

      276-acre multi-use land near Hallettsville, Texas, with road frontage.
      000 County Road 15Aa, Hallettsville, TX 77964
      View Details

    Similar Nearby for Sale

    • $370,500

      18 Acres Road Frontage Land

      18 acres of land with road frontage near Hallettsville, TX.
      04 Crk 212, Hallettsville, TX 77964
      View Details
    • $498,136
      33.43 Acres

      Wooded Acres with Pond

      33.43 acres perfect for recreation, hunting, or a homesite.
      5085 County Road 16, Hallettsville, TX 77964
      View Details
    • $129,900
      11.00 Acres

      Hallettsville Acreage: Wooded Recreational Land

      Secluded 11-acre wooded tract ideal for recreation or full-time living.
      000 Private Rd 1581, Hallettsville, TX 77964
      View Details
    • $79,000

      Unrestricted Land in Lavaca County

      4.5-acre unrestricted property with road frontage and available electricity.
      Fm-530, Hallettsville, TX 77964
      View Details
    • $300,000

      15 Acres Land Between Towns

      15 acres of land between Schulenburg and Hallettsville, Texas.
      05 Crk 212, Hallettsville, TX 77964
      View Details
    • $1,599,999

      Hallettsville Land with Stocked Pond

      276-acre multi-use land near Hallettsville, Texas, with road frontage.
      000 County Road 15Aa, Hallettsville, TX 77964
      View Details
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    341 County Road 233
    Hallettsville, TX 77964
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    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
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