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

    206 Brazos St Lockhart, TX 78644

    • Industrial properties
    • 4,355 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3794611
    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

    • Industrial properties

    Property Details for 206 Brazos St

    Year built
    1962
    Lot size
    1.44 lot acres
    Property size
    4,355 SF
    Property type
    Industrial properties
    APN
    0300000-034-004-10
    APU
    30000003400410

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $285,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.6689
    Latitude
    29.8863
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,016
    $111,550
    $72,730
    $184,280
    -
    $111,550
    $72,730
    $184,280

    Comparable in this City

    • Value Estimation
      $270,000
      1.19 Acres

      807 Pecos St

      INDUSTRIAL (GENERAL) • 1.19 Acres
      807 Pecos St, Lockhart, TX 78644-1602
      View Details
    • Value Estimation
      $265,000
      6,940 SF

      210 Brazos St

      INDUSTRIAL (GENERAL) • 6,940 SF
      210 Brazos St, Lockhart, TX 78644
      View Details
    • Value Estimation by Request

      Fm 20

      Land
      0 Fm 20, Lockhart, TX 78644
      View Details
    • Value Estimation
      $805,000
      175,590 SF

      1300 Blackjack St

      INDUSTRIAL (GENERAL) • 175,590 SF
      1300 Blackjack St, Lockhart, TX 78644-4695
      View Details
    • Value Estimation by Request
      10.00 Acres

      5200 Us-183 Hwy

      Land • 10.00 Acres
      5200 Us-183 Hwy, Lockhart, TX 78644
      View Details
    • Value Estimation by Request
      46.49 Acres

      7756 State Park Rd

      Farms • 46.49 Acres
      7756 State Park Rd, Lockhart, TX 78644
      View Details

    Similar Nearby for Sale

    • $2,079,000
      37.80 Acres

      Lockhart Land: SH-130 Frontage

      37.8 Acres, Prime Location, High Visibility
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    • $14,700,000

      Lockhart's Premier Development Land

      367 Acres, Mixed-Use Potential, Prime Location
      0 Fm 20, Lockhart, TX 78644
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    • $1,212,300
      8.98 Acres

      Lockhart Industrial Land - $1.2M

      8.98 Acres, Toll 130 Access, Industrial Zoning
      5199 Us Highway 183, Lockhart, TX 78644
      View Details
    • $750,000
      10.00 Acres

      Prime Lockhart Land - 10-46 Acres

      Texas commercial/industrial land, seller financing available.
      5200 Us-183 Hwy, Lockhart, TX 78644
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    • Contact for pricing
      35.58 Acres

      Maple Park: Lockhart Land Development

      35 Acres Mixed-Use Development in Lockhart, TX
      Lockhart TX 78644 Seq Of Sh 130 & Maple St, Lockhart, TX 78644
      View Details
    • Contact for pricing

      Lockhart Industrial Land Opportunity

      ±3.9 Acres, High-Growth Area
      1707 Silent Valley Rd, Lockhart, TX 78644
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,008,000 SF

      Available Pad Sites For Lease

      Pad sites for lease with flexible build-to-suit options.
      1925 Fm 2001, Lockhart, TX 78644
      View Details
    • $4,000 /Mo
      4,320 SF

      Lockhart Warehouse/Distribution Center For Lease

      Warehouse/distribution center with office, breakroom, and dock high bays.
      113 Bufkin Ln, Lockhart, TX 78644
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Up to 2.635 acres of commercial land for rent.
      1601 W San Antonio St, Lockhart, TX 78644
      View Details
    • Contact for pricing
      2 SF

      Commercial Land Available For Lease

      2.71 acres of commercial land for lease.
      1820 South Colorado St, Lockhart, TX 78644
      View Details
    • $2,700 /Mo

      Industrial Land For Lease

      Large industrial land lot available for lease.
      621 N Commerce St, Lockhart, TX 78644
      View Details
    • $4,833 /Mo

      New Commercial Development in Lockhart

      New construction retail, restaurant, and office spaces available for lease.
      1708 W San Antonio St, Lockhart, TX 78644
      View Details
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    206 Brazos St
    Lockhart, TX 78644
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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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