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    -5 Fm 1198 Muenster, TX 76252

    For Sale
    $185,000

    Improved Land - Muenster, TX

    Lot size:
    2.00 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for -5 Fm 1198

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    21056
    Lot size
    2.00 Acres

    Building Details

    Architectural style
    Other

    Teresa Rather, Broker (940) 531-5748

    Listing agent Kim McConnell (940) 464-1111 License #0703129

    Listing date Oct 31, 2025

    MLS# 20886655 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Acres in Elmview Estates

    This property features two acres in Elmview Estates, located just outside of Myra, Texas, off FM 1198. The land offers panoramic views and is situated minutes from town. There is no HOA, and deed restrictions allow for various home styles, including barndominiums, shop houses, and custom farmhouses. Animals are permitted on the property. Electric service will be buried and available at each lot site. City water tap and fiber optics are available, requiring only a septic system. The property is located in the ERA ISD.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muenster
    County
    Cooke
    State
    Texas
    Longitude
    -97.3133482
    Latitude
    33.62121127

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    FAQs

    What type of property is this?
    Land - Two-acre lot with panoramic views, ready for custom home.
    Where is this land located?
    The property is located at -5 Fm 1198 Muenster, TX.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Two-acre property with panoramic views in Elmview Estates.; - No HOA and flexible deed restrictions allow for custom home builds (barndominium, shop house, farmhouse).; - Conveniently located off FM 1198, minutes from Myra, Texas.
    (940) 464-1111
    Request Owner's contact information
    -5 Fm 1198 Muenster, TX 76252
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    Muenster, TX 76252
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    Realmo Value Estimation

    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.

    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.

    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
    -5 Fm 1198 Muenster, TX 76252
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