Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    Blanco Vista Dr Blanco, TX 78606

    • Land
    • 230.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Blanco Vista Dr

    Lot size
    230.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 230-acre ranch in Blanco County, Texas, presents a unique opportunity. The property boasts meticulously landscaped grounds, majestic oak trees, and panoramic views of the Texas Hill Country. A private paved road leads to a gated estate featuring a 4,200-square-foot, single-story home with three bedrooms, three and a half bathrooms, and expansive living spaces, all with breathtaking views. The home includes an outdoor living area, a whole-house generator, a six-car carport, and a 700-square-foot guest casita with a bedroom and bathroom. Recent improvements include two solar wells (one electric with its own generator), Starlink high-speed internet, and a pickleball/basketball court. The property also features a picturesque year-round pond, amazing rock walls, and landscaping. Located just 20 minutes west of Dripping Springs and 5 minutes from the Blanco town square, this ranch offers convenient access to both Austin and San Antonio while maintaining a secluded and private atmosphere. Wildlife abounds, including turkeys and whitetail deer. The one-mile paved driveway adds to the property's appeal. The current asking price of $6,950,000 is a limited-time offer, valid until November 1, 2024, due to the seller's acquisition of another property. The listing will be removed from the MLS, and the price will increase after this date. The property is located at Blanco Vista Dr, Blanco, TX 78606.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Blanco
    County
    Blanco
    State
    Texas
    Longitude
    -98.4151
    Latitude
    30.0444

    Comparable in this City

    • Value Estimation by Request
      11.58 Acres

      Tbd Twisted

      Farms • 11.58 Acres
      0 Tbd Twisted, Blanco, TX 78606
      View Details
    • Value Estimation by Request
      12.90 Acres

      11222 Ranch Road 1623

      Farms • 12.90 Acres
      11222 Ranch Road 1623, Blanco, TX 78606
      View Details
    • Value Estimation by Request
      110.00 Acres

      Monarch Rnch Rd

      Farms • 110.00 Acres
      0 Monarch Rnch Rd, Blanco, TX 78606
      View Details
    • Value Estimation by Request
      521.00 Acres

      1021 Ranch Road 473

      Land • 521.00 Acres
      1021 Ranch Road 473, Blanco, TX 78606
      View Details
    • Value Estimation by Request
      2,144 SF

      2056 Ranch Road 165

      Distribution properties • 2,144 SF
      2056 Ranch Road 165, Blanco, TX 78606
      View Details
    • Value Estimation by Request
      52.41 Acres

      2525 Us-281

      Land • 52.41 Acres
      2525 Us-281, Blanco, TX 78606
      View Details

    Similar Nearby for Sale

    • $653,000
      12.90 Acres

      Hill Country Ranch Land

      12.9 Acres, Hill Country Views
      11222 Ranch Road 1623, Blanco, TX 78606
      View Details
    • $7,125,000
      110.00 Acres

      Exceptional Blanco County Ranch

      110 Acres, Hill Country Views, $7.125M
      0 Monarch Rnch Rd, Blanco, TX 78606
      View Details
    • $4,900,000
      200.00 Acres

      Pristine Blanco River Ranch Property

      200-acre ranch with Blanco River frontage near Fredericksburg.
      -- Fm 1888, Blanco, TX 78606
      View Details
    • $1,500,000
      71.47 Acres

      Unrestricted Land with Hill Country Views

      71+/- acres of unrestricted land near Blanco, Texas.
      5032 -- Kendalia Rd, Blanco, TX 78606
      View Details
    • $495,000
      18.73 Acres

      Unrestricted Land with River Frontage

      18.73 acres of unrestricted land with Little Blanco River frontage.
      Tbd -- Narrows Rd, Blanco, TX 78606
      View Details
    • $1,600,000

      Unrestricted Land with Hill Country Views

      71+/- acres of unrestricted land near Blanco, Texas.
      5434 Kendalia Rd, Blanco, TX 78606
      View Details

    Similar Nearby for Lease

    • $2,520 /Mo

      Versatile Warehouse in Blanco, Texas

      1,800 sqft warehouse suitable for various business operations.
      456 Jones Ave, Blanco, TX 78606
      View Details
    • $2,850 /Mo

      New Cottage on Highway 281

      Newly constructed cottage ideal for artisans or office space.
      4526 N Us 281 Hwy, Blanco, TX 78606
      View Details
    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.
    Blanco Vista Dr
    Blanco, TX 78606
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.