Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 Winchester Dr Moody, TX 76557

    Sponsored
    For Sale
    $354,620

    Unimproved Land - Moody, TX

    Type:Unimproved Land
    Lot size:
    23.80 Acres
    Days on Market:
    283
    Last Refresh:
    Feb 6 at 1:06 pm

    Property Features for 00 Winchester Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    153485
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    23.80 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Brooks
    Kelly Brooks

    Kelly, Realtors (254) 741-1500

    Listing agent Kelly Brooks (254) 741-1500 License #0689528

    Listing date Apr 30, 2025

    MLS# 216384 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    23.8 AC Ranchette Development Land

    This 23.8-acre tract, identified as Tract 18, is part of a ranchette development offering large acreage properties with picturesque views and quiet rural living. It is an ideal location to build a dream home, raise a family, retire, or enjoy the outdoors. The property features a combination of woods and open pasture, with the woods providing shade and privacy, and the open pastures suitable for grazing livestock and recreational use. A water meter is available with a bore, and electricity is accessible at the road, facilitating ease of construction. The elevation and views provide a serene setting. Located on paved roads, the development offers easy access. The quiet rural setting provides a peaceful lifestyle away from the city. The property is Ag Exempt and located within Moody ISD. Elm Creek Water is available. A survey is provided, and restrictions apply. The aerial map shows all the tracts to be offered; all are currently available to show.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Moody
    County
    McLennan
    State
    Texas
    Longitude
    -97.314731
    Latitude
    31.320252

    Nearby Similar for Sale

    • $1,395,000
      2,856 SF

      Moody Ranch with Hilltop Views

      121.34 acre ranch near Temple, Belton, and Waco.
      8212 Eddy-Gatesville Pkwy, Moody, TX 76557
      View Details
    • New
      $1,500,000
      4,950 SF

      Turnkey Ranch with Two Dwellings

      Ranchette on 30+ acres with two dwellings and suite.
      375 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $339,900
      26.98 Acres

      Farm and Ranch Property

      26.98-acre farm and ranch property in Moody, TX.
      16071 Fm 107, Moody, TX 76657
      View Details
    • $1,499,000
      7,624 SF

      Turnkey Moody Portfolio For Sale

      Fully occupied, renovated single-family homes in Moody, Texas.
      205 8 St, Moody, TX 76557
      View Details
    • $185,000
      0.05 Acres

      Storefront Opportunities in Moody, TX

      Storefront properties available for multiple uses in Moody, TX.
      Tbd Ave E, Moody, TX 76557
      View Details
    • $595,000

      Central Texas Horse Property

      6.6+/- acre horse property with house, barn, and pool.
      Moody, TX 76557
      View Details
    • $185,000
      0.04 Acres

      Storefronts in Moody, Texas

      Storefront properties available for multiple uses in Moody, TX.
      D Tbd Ave, Moody, TX 76557
      View Details
    • $185,000
      0.09 Acres

      Storefronts in Moody, Texas

      Storefront property available for multiple uses in Moody, TX.
      D Tbd Lot 4 Ave, Moody, TX 76557
      View Details
    • $185,000
      0.09 Acres

      Storefront Opportunities in Moody, TX

      Storefront properties available for multiple uses in Moody, TX.
      D Tbd Lot 5 Ave, Moody, TX 76557
      View Details
    • $323,000

      Remington Circle Specialty Property

      Specialty property available for purchase in Moody, Texas.
      1445 Remington Cir, Moody, TX 76557
      View Details
    • $499,900

      Farm Land For Sale

      Farm land available for purchase.
      15920 Fm 107, Moody, TX 76557
      View Details

    FAQs

    What type of property is this?
    Agricultural land - Unimproved land with picturesque views and quiet rural living.
    Where is this agricultural land located?
    The property is located at 00 Winchester Dr Moody, TX.
    What is the asking price?
    The asking price for this property is $354,620.
    What are key features of this property?
    This property features: - Large 23.8-acre property ideal for building a dream home, raising a family, or retirement.; - Combination of woods and open pasture suitable for livestock grazing, recreation, shade, and privacy.; - Water meter available with a bore and electricity at the road for easy home construction.
    (254) 741-1500
    Request Owner's contact information
    00 Winchester Dr Moody, TX 76557
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Winchester Dr
    Moody, TX 76557
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    00 Winchester Dr Moody, TX 76557
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kelly Brooks
    Kelly Brooks
    Real Estate License ID: 0689528
    (254) 741-1500
    Learn more
    Google sign-in failed. Please try again or use another login method.