Add Listing
    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

    10 Stampede Normangee, TX 77871

    Sponsored
    For Sale
    Contact for pricing

    Unimproved Land - Normangee, TX

    Type:Unimproved Land
    Lot size:
    0.22 Acres
    Days on Market:
    309
    Last Refresh:
    Mar 2 at 3:06 pm

    Property Features for 10 Stampede

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    081062320000000000000
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Expense value
    68
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Randall Turner

    Harvard Companies, Inc (214) 373-0007

    Listing agent Randall Turner (214) 373-0007 License #0288833

    Listing date Apr 28, 2025

    MLS# 20916082 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

    Resort Land in Hilltop Lakes

    This 0.218-acre lot is located within the Hilltop Lakes resort community, situated approximately two hours from Dallas, Houston, and Austin. The 4,400-acre resort offers a range of amenities, including an 18-hole golf course, an airport, a club restaurant, a bar, a Texas-shaped swimming pool, a teen center, and an equestrian center. Recreational facilities include a miniature golf course, tennis courts, five fishing and boating lakes, a playground, and picnic areas. Other amenities include a motel and villas for rent, an RV park, a post office, a library, churches, bow hunting areas, and meeting and wedding facilities. The community also features a new EMS and Fire Department. Over 12 clubs and organizations cater to various interests. The property is located in Leon County, with low property taxes. The lot is identified as Map #217.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Normangee
    County
    Leon
    State
    Texas
    Longitude
    -96.20239333
    Latitude
    31.06369341

    Nearby Similar for Sale

    • $430,000

      Secluded 30-Acre Tract with Barn

      30 acres featuring woods, open areas, ponds, well, and barn.
      15157 Pr, Normangee, TX 77871
      View Details
    • $796,110

      133.8 Acres Near Normangee

      133.8 acre farm with ponds, barn, and electricity.
      133 Ac Hwy, Normangee, TX 77871
      View Details
    • Contact for pricing

      LAZY J Ranch For Sale

      Country charm with facilities for work and fun.
      13712 Crk 469, Normangee, TX 77871
      View Details
    • $1,376,000
      5,232 SF

      Profitable Auto Service Facility

      Income-producing auto service facility in Normangee, Texas.
      102 Farm To Market Rd S, Normangee, TX 77871
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land with access to extensive resort amenities.
    Where is this land located?
    The property is located at 10 Stampede Normangee, TX.
    What is the asking price?
    The asking price for this property is $9,600.
    What are key features of this property?
    This property features: - Extensive Amenities: Enjoy an 18-hole golf course, airport, swimming pool, equestrian center, lakes and more!; - Central Location: Conveniently located just a 2-hour drive from Dallas, Houston, and Austin.; - Low Monthly Dues: All these amenities for only $68 per month.
    (214) 231-0100
    Request Owner's contact information
    10 Stampede Normangee, TX 77871
    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.
    10 Stampede
    Normangee, TX 77871
    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
    10 Stampede Normangee, TX 77871
    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
    Randall Turner
    Real Estate License ID: 0288833
    (214) 231-0100 (214) 373-0007 (817) 808-3241
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!