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    Unrestricted 10-Acre Tract with Utilities Title is generated by Realmo AI

    TBD Tract 10 FM 1812, Hawley, TX 79525

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    Claim this Listing
    For Sale
    $89,900

    LAND - Hawley, TX

    Lot size:
    10.01 Acres
    Added:
    May 14, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for TBD Tract 10 FM 1812

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    15191
    Lot size
    10.01 Acres

    Taxes and HOA fees

    Tax Description
    10.01+- out of A1620 6 T&P-17 TRACT 3 ACRES 401.42

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Matthew Stovall

    Listing agent Matthew Stovall License #0737174

    Listing office Red Farm Realty LLC Ovalo, TX

    Listing date May 14, 2026

    MLS# 21270369 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.

    HighLights

    • 1812 Estates new subdivision with 14 exclusive 10‑acre tracts along FM 1812 and FM 3116, just west of FM 700 near Abilene
    • Each tract has paved road frontage with electric available
    • Water source: well; many tracts feature brand new water wells tested at approximately 25 GPM (buyer to verify)
    • Varied terrain options mentioned, including open wheat fields, scenic tracts with stocked tanks, and gently rolling land with mature tree cover
    • No restrictions reported; seller financing available (property sold "as is")

    Overview

    This offering is for a 10-acre tract within 1812 Estates, a newly developed subdivision featuring 14 exclusive tracts. The land is presented with a range of terrain, including open areas, scenic ground with stocked tanks on some tracts, and gently rolling sections with mature tree cover. Many tracts include brand new water wells reported to have been tested at approximately 25 GPM, with buyers’ agents encouraged to verify. Each tract is marketed with paved road frontage, along with electric available, supporting immediate planning for a future residence or other use.

    The tract is positioned along FM 1812 and FM 3116, just west of FM 700 near Abilene. The subdivision concept is designed to deliver turnkey access with road frontage and utility availability, while allowing owners to choose how they develop or enjoy the property.

    With absolutely no restrictions, the tract may appeal to buyers seeking a place to build a dream home, pursue recreational use, or hold for investment. Seller financing is also noted as available, and the provided details are presented as information believed accurate but not guaranteed, with the property sold “as is.” Buyers should verify acreage, maps, and well information before deciding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hawley
    County
    Jones
    State
    Texas
    Longitude
    -99.957456
    Latitude
    32.619437

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    FAQs

    What type of property is this?
    Residential land & home lot - Unrestricted acreage in a newly developed subdivision with paved frontage, electric availability, and tested well potential for flexible use.
    Where is this residential land & home lot located?
    The property is located at TBD Tract 10 FM 1812 Hawley, TX.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: 1812 Estates new subdivision with 14 exclusive 10‑acre tracts along FM 1812 and FM 3116, just west of FM 700 near Abilene; Each tract has paved road frontage with electric available; Water source: well; many tracts feature brand new water wells tested at approximately 25 GPM (buyer to verify)
    (432) 638-5716
    We can help!
    Listing Contact
    Matthew Stovall
    Real Estate License ID: 0737174
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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.

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