Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    60 +/- Ac Tbd Hwy Cross Plains, TX 76443

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    60 +/- Ac Tbd Hwy Cross Plains, TX 76443

    View on Map
    • Land
    • 60.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 60 +/- Ac Tbd Hwy

    Lot size
    60.00 lot acres
    Property type
    Land

    Description

    This exceptional 60-acre commercial property boasts 2,330 feet of paved road frontage along Highway 206, offering unparalleled visibility and accessibility. Located just four miles from Cross Plains, Texas, this versatile land presents numerous development opportunities. A centrally located half-acre tank, stocked with catfish, adds a unique feature. The property includes a metal equipment shed measuring approximately 22x30 feet, with an attached 96 square foot storage building. A high point on the acreage features a variety of trees, including a majestic oak and mesquite trees. Electricity is readily available through AEP (customer chooses provider), and water service is accessible via Coleman SUD, requiring only meter reinstallation. A convenient stack lot near the highway provides ample space for hay storage. The land gently slopes away from the highway, with a little over 20 feet of elevation change. The property's proximity to Cross Plains offers easy access to town amenities while maintaining a tranquil country setting. Approximately 42 acres are situated in Brown County, and approximately 18 acres are in Coleman County. This property is ideal for livestock operations or the construction of a dream home, providing a blend of rural serenity and convenient location. The asking price is $345,000. The property's zoning and potential uses should be verified independently.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cross Plains
    County
    Callahan
    State
    Texas
    Longitude
    -99.1654
    Latitude
    32.1266

    Comparable in this City

    • Value Estimation by Request
      3.86 Acres

      36 Tbd Hwy

      Farms • 3.86 Acres
      36 Tbd Hwy, Bellville, TX 76443
      View Details
    • Value Estimation by Request
      368.54 Acres

      430 Cross Pln

      Land • 368.54 Acres
      430 Cross Pln, Cross Plains, TX 76443
      View Details
    • Value Estimation by Request
      105.67 Acres

      22024 Tx-279

      Land • 3,000 SF
      22024 Tx-279, Cross Plains, TX 76443
      View Details
    • Value Estimation by Request
      136.70 Acres

      I-35

      Land • 136.70 Acres
      0 I-35, Cross Plains, TX 76443
      View Details
    • Value Estimation by Request
      38.00 Acres

      724 Foster Bond St

      Farms • 38.00 Acres
      724 Foster Bond St, Cross Plains, TX 76443
      View Details
    • Value Estimation by Request
      38.00 Acres

      11311 Fm 880

      Farms • 38.00 Acres
      11311 Fm 880, Cross Plains, TX 76443
      View Details

    Similar Nearby for Sale

    • $284,242
      40.61 Acres

      Cross Plains Acreage with Water Wells

      40.6 acre ranch land with water wells and electricity.
      8655 Cr 452, Cross Plains, TX 76443
      View Details
    • Contact for pricing
      0.16 Acres

      Cross Plains Unimproved Land For Sale

      Land with accessible utilities and storage buildings in Cross Plains.
      NE 4Th St, Cross Plains, TX 76443
      View Details
    • $297,500
      35.00 Acres

      35 Acre Coastal Bermuda Grass Land

      35 acres of improved land near Cross Plains, Texas.
      Tbd Hwy 36, Cross Plains, TX 76443
      View Details
    • Contact for pricing

      Cross Plains Land with Highway Frontage

      60-acre property near Cross Plains with paved road frontage.
      60 +/- Ac Tbd Hwy 206, Cross Plains, TX 76443
      View Details
    • $185,000
      27.00 Acres

      27 Acres Near Cross Plains

      Manageable Texas land with pasture, trees, and hunting potential.
      Tbd State Hwy 206, Cross Plains, TX 76443
      View Details
    • $32,500
      0.03 Acres

      Cross Plains Retail Opportunity

      Retail building in Cross Plains, Texas, with potential uses.
      1St St, Cross Plains, TX 76443
      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.
    60 +/- Ac Tbd Hwy
    Cross Plains, TX 76443
    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

    60 +/- Ac Tbd Hwy, Cross Plains, TX, 76443

    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!