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    101 Shelby Way Palo Pinto, TX 76484

    For Sale
    $125,000

    Unimproved Land - Palo Pinto, TX

    Type:Unimproved Land
    Lot size:
    5.00 Acres
    Days on Market:
    229
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 101 Shelby Way

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    567030
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Expense value
    900
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Keller Williams Frisco Stars (972) 712-9898 [email protected]

    Listing agent Jennifer Durrett (972) 712-9898

    Listing date Apr 27, 2025

    MLS# 20914336 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

    Palo Pinto Land with Views

    This is a 5-acre property located in Palo Pinto, TX, offering views of the surrounding hills. It is situated within a gated community that features paved roads and electric connections at the road. Community access to the river is available. The property is subject to mandatory membership in a cattle grazing association to maintain the AG-Exemption. Interested parties should refer to the covenants and restrictions for details regarding property use and building guidelines. The property is suitable for building a cabin, tiny home, or barndominium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Palo Pinto
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.2832
    Latitude
    32.7511

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    FAQs

    What type of property is this?
    Land - 5 acre property with views, community river access, AG-Exemption.
    Where is this land located?
    The property is located at 101 Shelby Way Palo Pinto, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 1.5 acre property with VIEWS of surrounding hills; - Gated community with paved roads; - Electric connections at the road
    (972) 712-9898
    Request Owner's contact information
    101 Shelby Way Palo Pinto, TX 76484
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    Palo Pinto, TX 76484
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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
    101 Shelby Way Palo Pinto, TX 76484
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