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    The Largest CRE Database in the US with Over 1 Million Listings

    1177 Plover Cir Ponder, TX 76259

    Sponsored
    For Sale
    $749,999

    Farm/Ranch - Ponder, TX

    Type:Farm
    Property size:
    2,135 SF
    Lot size:
    10.00 Acres
    Days on Market:
    69
    Last Refresh:
    Jan 25 at 8:06 am

    Property Features for 1177 Plover Cir

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    R111575
    Parking features
    Driveway
    Interior features
    Double Vanity, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Washer
    Size
    2,135 SF
    Lot size
    10.00 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Wood
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Calvin Redfearn

    Scribner Real Estate, INC (940) 440-4200

    Listing agent Calvin Redfearn (940) 440-4200 License #0831452

    Listing date Nov 18, 2025

    MLS# 21024109 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

    Ponder, TX Farm/Ranch Property

    Located on Plover Circle in Ponder, TX, this farm and ranch property offers country living with convenient access to amenities. Situated on a dead-end road, the property provides privacy and space, with Highway 380 to the north and Ponder ISD to the south. The red brick house spans over 2,100 square feet and features 4 bedrooms and 2 bathrooms, providing ample space for entertaining. A new back patio offers views of the 35x50 detached shop, which includes heat, electricity, water, and a concrete slab with a concrete approach. The property is 10 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Clothing Store Cafe & Coffee Shop Daycare Center Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ponder
    County
    Denton
    State
    Texas
    Longitude
    -97.30577
    Latitude
    33.206932

    Nearby Similar for Sale

    • $1,900,000
      2,950 SF

      Historic Ponder Restaurant & Business

      Turnkey Restaurant, Established Legacy
      110 Bailey St, Ponder, TX 76259
      View Details

    FAQs

    What type of property is this?
    Farm - Country living close to amenities with owner financing available.
    Where is this farm located?
    The property is located at 1177 Plover Cir Ponder, TX.
    What is the asking price?
    The asking price for this property is $749,999.
    What are key features of this property?
    This property features: - Spacious 2,100+ sqft red brick house with 4 bedrooms and 2 bathrooms.; - Interior features include vaulted ceilings and walk-in closets.; - 35x50 detached shop with heat, electricity, water, concrete slab and approach - ideal for self-employed individuals.
    (940) 440-4200
    Request Owner's contact information
    1177 Plover Cir Ponder, TX 76259
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    Ponder, TX 76259
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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.

    More about this property
    1177 Plover Cir Ponder, TX 76259
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    We can help!
    Listing Contact
    Calvin Redfearn
    Real Estate License ID: 0831452
    (940) 440-4200
    Learn more
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