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

    1028 Monarch Court Poolville, TX 76487

    View on Map
    Claim this Listing
    For Sale
    $99,900

    Unimproved Land - Poolville, TX

    Type:Unimproved Land
    Lot size:
    3.25 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 20 at 11:06 am

    Property Features for 1028 Monarch Court

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000113431
    Lot size
    3.25 Acres

    Taxes and HOA fees

    Expense value
    300
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marsha Hardin

    Listing agent Marsha Hardin License #0441568

    Listing office Marsha Hardin Real Estate LLC 112-A E. Main, Azle, TX

    Listing date Mar 2, 2026

    MLS# 20581503 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.

    Overview

    3.247 Acre Tract in Poolville

    This is a 3.247 acre tract of land in High Meadows Ranch, located just outside the Poolville city limits in Parker County, Texas. It is a 30 minute drive to Weatherford. The property is located in the 76487 postal code. The land is unimproved and requires a well and septic system. Underground electric is available. A minimum of 2000 square feet of living area is required for any construction. Horses and livestock are permitted at a rate of one per acre. High speed fiber optic internet is available. The property is located within the Poolville Independent School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Storage Facility Garden Center Daycare Center Bakery Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Poolville
    County
    Parker
    State
    Texas
    Longitude
    -97.8735831
    Latitude
    32.9927711

    Nearby Similar for Sale

    • $599,000
      1,903 SF

      Poolville Ranch with Insulated Workshop

      Six-acre Poolville ranch featuring a workshop and comfortable living spaces.
      7698 Fm 920, Poolville, TX 76487
      View Details
    • $600,000

      Poolville Commercial Land Opportunity

      1.66-acre commercial land with utilities and development plans available.
      15793 Fm 920, Poolville, TX 76487
      View Details
    • $788,000
      2,504 SF

      Poolville Farm/Ranch on 13 Acres

      Farm/ranch on 13 acres with home needing cosmetic improvements.
      10400 Fm 920, Poolville, TX 76088
      View Details
    • $999,000

      Poolville Ranch with Guest House

      Spacious ranch on nearly 20 acres with guest house.
      207 Trails End, Poolville, TX 76487
      View Details
    • $1,630,000
      3,640 SF

      Texas Ranch with Guest House

      38-acre ranch featuring a main house, guest house, and outbuildings.
      1508 Poolville Cut Off Road, Poolville, TX 76487
      View Details
    • $275,000

      Highway Frontage Commercial Land Opportunity

      5.7-acre commercial land with highway frontage in Poolville, Texas.
      12275 W Hwy 199 W, Poolville, TX 76487
      View Details
    • $999,000
      2,208 SF

      Poolville Farm/Ranch with Guest House

      Spacious remodeled home on nearly 20 acres with guest house.
      207 Trails End, Poolville, TX 76487
      View Details
    • $664,500

      Parker County 36-Acre Ranch Land

      Ag-exempt land suitable for ranching, hunting, development, or equestrian facilities.
      17101b Fm-920, Poolville, TX 76487
      View Details
    • $337,000

      Poolville Land with Barndo Foundation

      8.364 acres with improvements in Poolville, Texas.
      9935 Zion Hill Road, Poolville, TX 76487
      View Details
    • $1,295,000

      33+ Acre Unrestricted Property

      Unrestricted 33+ acre property with private lake in Wise County.
      12664 Highway 199 W, Poolville, TX 76487
      View Details
    • $756,000

      36 Acres of Private Land

      Land with mature trees, open fields, and abundant wildlife.
      000 Turpin Lake Road, Poolville, TX 76487
      View Details
    • $155,000

      Scenic Land with Pond

      4.196 acres with pond, ideal for nature lovers.
      136 Aslan Road, Poolville, TX 76487
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.247 acre tract in High Meadows Ranch, Poolville, TX.
    Where is this residential land & home lot located?
    The property is located at 1028 Monarch Court Poolville, TX.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 3.247 acre tract for under $100,000; Horses and livestock permitted (one per acre); No city taxes
    (817) 444-5330
    We can help!
    Listing Contact
    Marsha Hardin
    Real Estate License ID: 0441568
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!