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

    001 County Road 3216 Lone Oak, TX 75453

    Sponsored
    For Sale
    $368,000

    Unimproved Land - Lone Oak, TX

    Type:Unimproved Land
    Lot size:
    32.00 Acres
    Days on Market:
    19
    Last Refresh:
    Feb 3 at 11:06 pm

    Property Features for 001 County Road 3216

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    24335
    Lot size
    32.00 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kelby Shaw

    Bois d'Arc Realty, Inc. (903) 364-2700

    Listing agent Kelby Shaw (903) 364-2700 License #0752984

    Listing date Jan 16, 2026

    MLS# 21155491 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

    32 Acres of Pastureland in Lone Oak

    This 32-acre property, located in Lone Oak, Texas, features open pastureland complemented by scattered trees. The sandy loam soils and a pond make it suitable for cattle, horses, or hay production. The land is predominantly open with gentle rolling terrain, offering several potential home sites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Lone Oak
    County
    Hunt
    State
    Texas
    Longitude
    -95.88489198
    Latitude
    33.03369814

    Nearby Similar for Sale

    • $450,000
      0.28 Acres

      Lone Oak Corner Property

      Corner property with highway frontage and multiple buildings in Lone Oak.
      101 Main St, Lone Oak, TX 75453
      View Details
    • $525,000
      27.50 Acres

      Pastoral Ranch Near Lake Tawakoni

      27+ acre ranch with ponds, barn, and fencing near Dallas.
      Rs County Road 1691, Lone Oak, TX 75453
      View Details
    • $295,000
      0.04 Acres

      Lone Oak Retail Opportunity

      1,794 SF retail property in downtown Lone Oak, TX.
      207 Katy St, Lone Oak, TX 75453
      View Details
    • $265,000
      0.17 Acres

      Commercial Building on Highway 69

      Commercial building in Lone Oak, Texas, with highway frontage.
      202 Us Highway 69 N, Lone Oak, TX 75453
      View Details
    • $599,000

      Move-in Ready Home on Acreage

      12.5 acres with home, workshop, pond, Lone Oak ISD.
      3294 Fm 2649, Lone Oak, TX 75453
      View Details
    • $725,000

      Lone Oak Ranch on 9 Acres

      Ranch-style home on 9 acres with agricultural exemption.
      5285 County Road 3226, Lone Oak, TX 75453
      View Details
    • $1,350,000

      Storage and RV Park Opportunity

      7.81-acre storage facility with expansion potential and RV parking.
      8034 Fm 513 S, Lone Oak, TX 75453
      View Details
    • $69,950

      Duplex Near Lake Tawakoni

      Two-unit property near Lake Tawakoni, sold as is.
      7755 White Dove, Lone Oak, TX 75453
      View Details
    • $450,000

      Corner Property in Lone Oak

      Corner property with highway frontage, multiple lots and buildings.
      101 Main St, Lone Oak, TX 75453
      View Details
    • $999,000
      5,100 SF

      Texas Ranch - Multifamily Investment

      Peaceful Country Living, Rental Income Potential
      299 Brashear Texas 75420, Lone Oak, TX 75453
      View Details
    • $1,398,000
      38,334 SF

      Lone Oak Self Storage Business

      Profitable TX Storage Facility, 99 Units
      0 Farm To Market 513, Lone Oak, TX 75453
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 32 acres of open pastureland suitable for cattle or horses.
    Where is this agricultural land located?
    The property is located at 001 County Road 3216 Lone Oak, TX.
    What is the asking price?
    The asking price for this property is $368,000.
    What are key features of this property?
    This property features: - 32 Acres of Open Pastureland: Ideal for cattle, horses, or hay production.; - Sandy Loam Soils: Suitable for various agricultural uses.; - Pond: Provides a water source for livestock and potential recreational use.
    (903) 364-2700
    Request Owner's contact information
    001 County Road 3216 Lone Oak, TX 75453
    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.
    001 County Road 3216
    Lone Oak, TX 75453
    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
    001 County Road 3216 Lone Oak, TX 75453
    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
    Kelby Shaw
    Real Estate License ID: 0752984
    (903) 364-2700
    Learn more
    Google sign-in failed. Please try again or use another login method.