Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pinnacle Dr Fredericksburg, TX 78624
    Back to Search
    Property profile & analytics

    Pinnacle Dr, Fredericksburg, TX 78624

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

    Current Use by Public Records

    • Land

    Property Details for 0 Pinnacle Dr

    Lot size
    3.30 lot acres
    Property type
    Land

    Description

    This exceptional 3.3-acre residential lot is situated in the desirable Oakwater subdivision in Fredericksburg, Texas, zip code 78624. Located on Pinnacle Dr, Lot 74, this property presents a unique opportunity to build a custom home within a gated community. The lot is zoned exclusively for residential use, offering peace and quiet while remaining conveniently close to local amenities. Priced at $280,000, this translates to $84.85 per acre. Electricity is readily available, and the option to install a well provides flexibility for future homeowners. The Oakwater subdivision enhances the appeal with a community playground, making it an ideal location for families. This tranquil setting provides the perfect canvas for your dream home or investment property. Coordinates for easy location identification are 30.170853329456964,-99.02088408737183. Don't miss this chance to build your future in this beautiful Texas Hill Country location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Kendall
    State
    Texas
    Longitude
    -99.0209
    Latitude
    30.1709

    Comparable in this City

    • Value Estimation by Request

      Buckskin Path

      Land
      0 Buckskin Path, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      64.49 Acres

      Pressler-Henke Rd

      Farms
      0 Pressler-Henke Rd, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      4.36 Acres

      000 Badger Rdg

      Land
      000 Badger Rdg, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      36.00 Acres

      5862 Ranch Road 965

      Farms
      5862 Ranch Road 965, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      1.50 Acres

      1801 Llano St

      Land
      1801 Llano St, Fredericksburg, TX 78624
      View Details
    • Value Estimation by Request
      146.00 Acres

      5831 Us Highway 87

      Farms
      5831 Us Highway 87, Fredericksburg, TX 78624
      View Details

    Similar Nearby for Sale

    • $150,000
      Pending

      Luxury RV/Tiny Home Site

      RV/Tiny Home site in Fredericksburg resort community.
      5386 Ranch Road 1376, Fredericksburg, TX 78624
      View Details
    • $835,000
      10.50 Acres

      10.5 Acres on Ranch Road

      Unrestricted land with development potential near Enchanted Rock.
      8451 Ranch Road 965, Fredericksburg, TX 78624
      View Details
    • $950,000

      Mustang Mobile Home Park Investment

      Fredericksburg, TX Mobile Home Park - High ROI
      613 Mustang St, Fredericksburg, TX 78624
      View Details
    • $245,000
      0.15 Acres

      Premium Corner Homesite in Fredericksburg

      Spacious homesite near Arch Ray Resort amenities in Fredericksburg, TX.
      75 Arch Ray Loop, Fredericksburg, TX 78624
      View Details
    • $895,000
      10.77 Acres

      Unrestricted Land Near Fredericksburg, TX

      10.77 acres in Fredericksburg's ETJ, ideal for various ventures.
      Shorty Crenwelge Rd, Fredericksburg, TX 78624
      View Details
    • $599,000
      20.50 Acres

      Fredericksburg Land with Hill Country Views

      20.5 acres with views and low holding costs.
      Sugar Creek Trl, Fredericksburg, TX 78624
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Updated Professional Suite For Rent

      Updated professional private suite with shared amenities in great location.
      4-1121 S State Highway 16, Fredericksburg, TX 78624
      View Details
    • $1,700 /Mo
      7,030 SF

      Mixed-Use Property on Wine Corridor

      Lease opportunity near Fredericksburg with multiple bays and RV slots.
      16619 East Us Highway 290, Fredericksburg, TX 78624
      View Details
    • Contact for pricing
      75,000 SF

      Mixed-Use Destination in Fredericksburg, TX

      22-acre mixed-use destination with retail, restaurant, and hotel space.
      1238 W Us Highway 290, Fredericksburg, TX 78624
      View Details
    • Contact for pricing

      Retail Space Across From H-E-B

      Versatile retail space with excellent visibility in Fredericksburg, TX.
      104 East Ufer St, Fredericksburg, TX 78624
      View Details
    • Contact for pricing
      10,019 SF

      Historic Fredericksburg Commercial Gem

      Prime commercial property with historic charm and flexible possibilities.
      421 W Main St, Fredericksburg, TX 78624
      View Details
    • Contact for pricing
      2,010 SF

      Fredericksburg Retail Space with Drive-Thru

      2,010 SF retail space with drive-thru in Fredericksburg, TX.
      514 Friendship Ln, Fredericksburg, TX 78624
      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.
    Pinnacle Dr
    Fredericksburg, TX 78624
    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
    Pinnacle Dr, Fredericksburg, TX, 78624
    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!