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    For Sale (36)

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    Unimproved Land in Alma, Texas
    $224,900
    0.97 Acres

    Unimproved Land in Alma, Texas

    Commercial land available for sale in Alma, Texas.

    7241 S I-45 Rd, Ennis, TX 75119
    View details
    Turnkey Restaurant Opportunity in Seymour
    $225,000
    0.56 Acres

    Turnkey Restaurant Opportunity in Seymour

    Fully equipped restaurant for sale in growing Seymour, Texas.

    700 W California St, Seymour, TX 76380
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    Retail Space in Wortham, TX
    $175,000
    0.12 Acres

    Retail Space in Wortham, TX

    Retail space with open layout on main thoroughfare.

    402 N 3Rd St, Wortham, TX 76693
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    Land in Stallion Meadows Estates
    $120,000
    5.41 Acres

    Land in Stallion Meadows Estates

    5.41-acre homesite for building a dream home.

    1150 Dps Tower Rd, Perrin, TX 76486
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    Lancaster Land: Commercial, Agricultural Potential
    $1,071,000
    63.87 Acres

    Lancaster Land: Commercial, Agricultural Potential

    63.874 acres in Lancaster, TX, ideal for development.

    1600 Lavender Rd, Lancaster, TX 75146
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    Historic Downtown Retail Space
    $263,500
    0.08 Acres

    Historic Downtown Retail Space

    Versatile commercial space in Ennis's historic district.

    215 Main St SW, Ennis, TX 75119
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    Land Near Richland Chambers Lake
    $69,950
    2.68 Acres

    Land Near Richland Chambers Lake

    Two lots totaling 2.68 acres near Richland Chambers Lake.

    Tbd Hidden Oaks, Corsicana, TX 75109
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    Ennis Farm/Ranch with Stocked Lake
    $1,890,000
    2,720 SF

    Ennis Farm/Ranch with Stocked Lake

    102+ acre property with a spacious home and stocked lake.

    751 Sullivan Rd, Ennis, TX 75119
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    Ennis, TX Unimproved Land
    $154,986
    1.78 Acres

    Ennis, TX Unimproved Land

    1.779 acres of land perfect for building a dream home.

    Tbd, Ennis, TX 75119
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    Ennis, TX Unimproved Land
    $219,455
    2.52 Acres

    Ennis, TX Unimproved Land

    2.519 acres of land perfect for building a dream home.

    Tbd, Ennis, TX 75119
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    Ennis, TX Unimproved Land
    $140,618
    1.61 Acres

    Ennis, TX Unimproved Land

    1.614 acres of land for residential use near Ennis, TX.

    Tbd, Ennis, TX 75119
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    Ennis, TX Unimproved Land
    $138,869
    1.59 Acres

    Ennis, TX Unimproved Land

    1.594 acres of land perfect for building a dream home.

    Tbd, Ennis, TX 75119
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    54.82 Acre Development Opportunity
    $4,250,000
    54.83 Acres

    54.82 Acre Development Opportunity

    Prime land near Ennis Buc-ees, ideal for various developments.

    Tbd Fm-85, Ennis, TX 75119
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    Ennis Land Near Buccees
    $3,000,000
    40.00 Acres

    Ennis Land Near Buccees

    40 acres of land near Buccees in Ennis, TX.

    1403 Creechville Rd, Ennis, TX 75119
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    Dallas Commercial Land Opportunity
    $414,900
    3.67 Acres

    Dallas Commercial Land Opportunity

    3.67 acres of commercial land in Dallas, Texas.

    1300 Cavalcade Dr, Dallas, TX 75211
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    112 Acres of Farmland in Munday
    $285,600
    112.00 Acres

    112 Acres of Farmland in Munday

    Historical 112-acre farmland with highway frontage and income potential.

    Tbd Hwy 222, Munday, TX 76371
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    160 Acres of Improved Land
    $440,000
    160.00 Acres

    160 Acres of Improved Land

    160 acres with water and electricity suitable for crops/livestock.

    Tbd Fm 2811, Munday, TX 76371
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    Productive Farmland with Water Package
    $851,200
    224.30 Acres

    Productive Farmland with Water Package

    224.3 acres of farmland with irrigation and road frontage.

    Tbd Fm 2365, Knox City, TX 79529
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    Ennis, TX 2-Acre Homesite
    $150,000
    2.00 Acres

    Ennis, TX 2-Acre Homesite

    Two-acre homesite in Ennis, Texas, perfect for building a dream home.

    10 Valek Rd, Ennis, TX 75119
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    Ennis, Texas Land Investment
    $2,100,000
    65.53 Acres

    Ennis, Texas Land Investment

    65+ acre land investment opportunity in Ennis, Texas.

    225 Valek Rd, Ennis, TX 75119
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    Modern Duplex in Ennis, TX
    $399,000
    0.18 Acres

    Modern Duplex in Ennis, TX

    Income-producing duplex built in 2021, convenient location, currently leased.

    709 W Madison St, Ennis, TX 75119
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    168 Acres Commercial Land Opportunity
    $949,900
    164.16 Acres

    168 Acres Commercial Land Opportunity

    Commercial land in Seagoville, Texas, near Dallas, with highway access.

    850 E Malloy Bridge Rd, Seagoville, TX 75159
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    11.5 Acres in Ennis, TX
    $335,000
    11.50 Acres

    11.5 Acres in Ennis, TX

    11.5 acres of unimproved land, perfect for country living.

    617 Liska Rd, Ennis, TX 75119
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    Prime Commercial Land Opportunity
    $677,000
    2.17 Acres

    Prime Commercial Land Opportunity

    Highly visible 2+ acre commercial property with endless possibilities.

    260 Spur 114, Streetman, TX 75859
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    Commercial Land in High-Traffic Area
    $740,995
    2.84 Acres

    Commercial Land in High-Traffic Area

    2.835-acre commercial land with high visibility and accessibility.

    Tbd Hwy 45, Corsicana, TX 75109
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    Modern Retail Building in Munday
    $1,099,000
    0.85 Acres

    Modern Retail Building in Munday

    10,900 SF commercial building in Munday, TX, built in 2021.

    302 N Birch Ave, Munday, TX 76371
    View details
    Versatile Barn on Acre Lot
    $109,000
    0.95 Acres

    Versatile Barn on Acre Lot

    4,000 sqft barn on approx. 1 acre in Goree, TX.

    105 S 5Th St, Goree, TX 76363
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    Vacant Land in Dallas, TX
    $414,900
    3.78 Acres

    Vacant Land in Dallas, TX

    3.78 acres of unimproved land available in Dallas, Texas.

    1200 Cherry Laurel Ln, Dallas, TX 75211
    View details
    Richland Chambers Lake RV Lot
    $98,000
    0.09 Acres

    Richland Chambers Lake RV Lot

    RV-ready lot in gated community with lake access and amenities.

    2035 Teel Trl, Kerens, TX 75144
    View details
    Improved Corner Lot in Ennis
    $115,000
    0.29 Acres

    Improved Corner Lot in Ennis

    Ready-to-use land in a prime location with excellent potential.

    Tbd Freeman St, Ennis, TX 75119
    View details
    Downtown Commercial Space on Main
    $99,000
    5,000 SF

    Downtown Commercial Space on Main

    Versatile commercial space in a vibrant downtown district.

    110 W Main St, Munday, TX 76371
    View details
    168 Acres Commercial Land Opportunity
    $949,900

    168 Acres Commercial Land Opportunity

    168.159-acre commercial land in Seagoville, Texas, near Dallas.

    850 E Malloy Bridge Rd, Seagoville, TX 75159
    View details
    Income Property Near Downtown Ennis
    $188,000

    Income Property Near Downtown Ennis

    Income-producing duplex near historic downtown Ennis, Texas.

    500 W Milam St, Ennis, TX 75119
    View details
    Modern Duplex Built in 2021
    $405,000
    2,167 SF

    Modern Duplex Built in 2021

    Income-producing duplex built in 2021, convenient location, leased units.

    709 West Madison St, Ennis, TX 75119
    View details
    Ennis Ranch with Stocked Lake
    $1,890,000
    2,720 SF

    Ennis Ranch with Stocked Lake

    102+ acre ranch featuring a spacious home and stocked lake.

    751 Sullivan Rd, Ennis, TX 75119
    View details
    Streetman Land For Sale
    $677,000

    Streetman Land For Sale

    Land available in Streetman, Texas.

    260 Spur 114, Streetman, TX 75859
    View details

    For Lease (4)

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    Ennis Office Space For Rent
    $1,800 / Mo
    50,835 SF

    Ennis Office Space For Rent

    Versatile office space suitable for various businesses in Ennis, TX.

    601 S Clay St, Ennis, TX 75119
    View details
    Alvarado Industrial Suites For Lease
    $2,400 / Mo
    435,600 SF

    Alvarado Industrial Suites For Lease

    Two 1,600 SF industrial suites available for lease in Alvarado.

    8224 Frontage Rd, Alvarado, TX 76009
    View details
    Updated Office Space For Lease
    $2,700 / Mo
    50,835 SF

    Updated Office Space For Lease

    Spacious office suite with flexible terms in Ennis, TX.

    601 S Clay St, Ennis, TX 75119
    View details
    Modern Office Building with Atrium
    Contact for pricing

    Modern Office Building with Atrium

    Two-story office building with premium finishes and freeway access.

    27725 Stansbury St, Farmington Hills, MI 48334
    View details

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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
    City Real Estate
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