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    Property profile & analytics

    11373 Fm 112 Thrall, TX 76578

    • Commercial real estate
    • 98.04 lot acres
    For Sale
    View listing
    $2,499,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8982572
    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 11373 Fm 112

    Lot size
    98.04 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 98.04-acre ranch in Williamson County, Texas, presents a unique opportunity. Boasting gorgeous hilltop views for miles, the property offers significant road frontage along CR 438 and FM 112, providing excellent accessibility. A SW Milam Water meter is already on the site. The land is conveniently located within the Thrall ISD, just 15 miles and under 20 minutes from the new Samsung site, combining rural tranquility with proximity to modern amenities. The property features three stock ponds and functional cattle pens, currently under an active grazing lease, and is ag-exempt. A small portion (almost zero acres) lies within a flood zone. Deed restrictions prohibit mobile homes. Note that a short section of FM 112 frontage includes an easement for a future water line belonging to the 130 Regional Water Supply Corp. Motivated sellers are offering potential seller financing with a 50% down payment. All information should be independently verified by the buyer.

    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
    Thrall
    County
    Williamson
    State
    Texas
    Longitude
    -97.24582
    Latitude
    30.525185

    Comparable in this City

    • $2,352,960

      Thrall Land with Hilltop Views

      Land with road frontage, water meter, and grazing lease.
      11373 Fm 112, Thrall, TX 76578
      View Details
    • $225,000

      Panoramic Views Homesite For Sale

      10.06-acre homesite with panoramic views, mature trees, and open fields.
      2055 Tract 1, Thrall, TX 76578
      View Details
    • $2,398,500
      79.95 Acres

      Thrall, TX Land Opportunity

      79.95 acres near Samsung with development potential.
      421 County Rd, Thrall, TX 76578
      View Details
    • $349,990

      Land for Sale in Thrall

      Land available in Thrall, Texas.
      1136 Oak Vw Ln, Thrall, TX 76578
      View Details
    • $2,398,500
      79.95 Acres

      Thrall, TX Land Opportunity

      79.95 acres near Samsung with development potential.
      Crk 421, Thrall, TX 76578
      View Details
    • $240,000

      Expansive 12-Acre Lot For Sale

      12-acre lot suitable for a home and livestock.
      County Road 481, Thrall, TX 76578
      View Details

    Similar Nearby for Sale

    • $2,352,960

      Thrall Land with Hilltop Views

      Land with road frontage, water meter, and grazing lease.
      11373 Fm 112, Thrall, TX 76578
      View Details
    • $225,000

      Panoramic Views Homesite For Sale

      10.06-acre homesite with panoramic views, mature trees, and open fields.
      2055 Tract 1, Thrall, TX 76578
      View Details
    • $2,398,500
      79.95 Acres

      Thrall, TX Land Opportunity

      79.95 acres near Samsung with development potential.
      421 County Rd, Thrall, TX 76578
      View Details
    • $2,398,500
      79.95 Acres

      Thrall, TX Land Opportunity

      79.95 acres near Samsung with development potential.
      Crk 421, Thrall, TX 76578
      View Details
    • $240,000

      Expansive 12-Acre Lot For Sale

      12-acre lot suitable for a home and livestock.
      County Road 481, Thrall, TX 76578
      View Details
    • $349,990

      Land for Sale in Thrall

      Land available in Thrall, Texas.
      1136 Oak Vw Ln, Thrall, TX 76578
      View Details
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    11373 Fm 112
    Thrall, TX 76578
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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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