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    10948 Fm 898 Whitewright, TX 75491

    For Sale
    $4,570,000

    Ranch - Whitewright, TX

    Type:Ranch
    Lot size:
    260.39 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 10948 Fm 898

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    000000070271
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    260.39 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Architectural style
    Ranch

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

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

    Listing date Mar 28, 2025

    MLS# 20518916 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

    260-Acre Ranch Near Dallas

    This 260.39-acre property, located 65 miles from Dallas, 30 miles from McKinney, and 20 miles from Sherman, presents investment potential and country living. The property features approximately 0.5 miles of road frontage and is currently utilized for farming and ranching. Around 185 acres are dedicated to farming corn and wheat, while the remaining 75 acres serve as pasture. Two houses are situated on the property, one measuring 2822 square feet and the other 1656 square feet; both are currently rented, providing additional income. A 100' x 100' shop is also present and used by the tenant farmer. A pipeline and high-power transmission line traverse the property. The land is not located within a FEMA floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oak Hill Cemetery Cemetery

    Map

    City
    Whitewright
    County
    Grayson
    State
    Texas
    Longitude
    -96.36777017
    Latitude
    33.5285557

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    FAQs

    What type of property is this?
    Ranch - Prime investment property for farming, ranching, and residential income.
    Where is this ranch located?
    The property is located at 10948 Fm 898 Whitewright, TX.
    What is the asking price?
    The asking price for this property is $4,570,000.
    What are key features of this property?
    This property features: - 260 acres of prime investment property suitable for farming and ranching.; - Excellent location: 65 miles from Dallas, 30 miles to McKinney, and 20 miles to Sherman.; - Two houses on the property (2822 sq-ft and 1656 sq-ft) currently rented for additional income.
    (903) 364-2700
    Request Owner's contact information
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    Whitewright, TX 75491
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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
    10948 Fm 898 Whitewright, TX 75491
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