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    Property profile & analytics

    1248 County Road 4390 Kempner, TX 76539

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6482507
    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 1248 County Road 4390

    Property type
    Commercial real estate

    Description

    Exceptional opportunity to acquire the King Family Ranch, encompassing over 845 acres of pristine Texas land. This expansive property, spanning portions of Lampasas and Burnet Counties, represents a rare find – a meticulously managed ranch held within the same family for over three generations. The land boasts an abundance of native hardwoods and diverse wildlife, making it ideal for hunting, ranching, or potential development projects. The property features varied vegetation supporting the rich local ecosystem, and benefits from an existing agricultural exemption. The ranch offers unparalleled privacy and serenity, with access controlled by a locked gate. Flexible acreage options are available, with a minimum purchase of 20 acres, allowing for diverse investment strategies. The asking price is $10,887,084, translating to approximately $12,900 per acre. This represents a unique chance to own a significant piece of Texas history and natural beauty, whether you seek a substantial landholding or a smaller, secluded parcel. Serious inquiries only.

    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
    Kempner
    County
    Lampasas
    State
    Texas
    Longitude
    -98.0493953
    Latitude
    31.0532279

    Comparable in this City

    • Contact for pricing
      465.00 Acres

      Texas Hill Country Ranch

      465 Acres, Prime Hunting & Recreation
      0 County Road 4630, Kempner, TX 76539
      View Details
    • $1,104,090
      56.62 Acres

      Kempner Land with Highway Frontage

      56.62 acres featuring live water, oaks, and highway frontage.
      12615 E Us Hwy 190, Kempner, TX 76539
      View Details
    • $5,255,704
      368.00 Acres

      Texas Ranch: 368 Acres near Austin

      Prime Texas Ranchland - Hunting & Ranching
      0 County Road 223, Kempner, TX 76539
      View Details
    • Contact for pricing

      Kempner Farm and Ranch Land

      747 Cove Ranch, Kempner, TX - Farm and Ranch
      747 Cove Ranch Rd, Kempner, TX 76539
      View Details
    • $4,667,000

      Texas Land Legacy Awaits

      368+ acre ranch near Lampasas, Killeen, and Temple.
      County Road 223, Kempner, TX 76539
      View Details
    • $250,000
      10.00 Acres

      Kempner, TX Unimproved 10-Acre Land

      10 acres of land perfect for serene Texas countryside living.
      690-b County Road 4707, Kempner, TX 76539
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      465.00 Acres

      Texas Hill Country Ranch

      465 Acres, Prime Hunting & Recreation
      0 County Road 4630, Kempner, TX 76539
      View Details
    • $1,104,090
      56.62 Acres

      Kempner Land with Highway Frontage

      56.62 acres featuring live water, oaks, and highway frontage.
      12615 E Us Hwy 190, Kempner, TX 76539
      View Details
    • $5,255,704
      368.00 Acres

      Texas Ranch: 368 Acres near Austin

      Prime Texas Ranchland - Hunting & Ranching
      0 County Road 223, Kempner, TX 76539
      View Details
    • Contact for pricing

      Kempner Farm and Ranch Land

      747 Cove Ranch, Kempner, TX - Farm and Ranch
      747 Cove Ranch Rd, Kempner, TX 76539
      View Details
    • $180,000
      4.54 Acres

      Kempner, TX 4.54-Acre Property

      4.54 acres in Kempner, TX, ideal for mini-farm.
      4818 0000, Kempner, TX 76539
      View Details
    • $633,000
      42.21 Acres

      42 Acres with River Frontage

      Large acreage tract with Lampasas River frontage in Kempner, TX.
      10 11, Kempner, TX 76539
      View Details
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    1248 County Road 4390
    Kempner, TX 76539
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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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