Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Improved Land in Grayson County Title is generated by Realmo AI

    11991 Fm 901, Sadler, TX 76264

    View on Map
    Claim this Listing
    For Sale
    $525,000

    LAND - Sadler, TX

    Lot size:
    20.61 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 11991 Fm 901

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    APN
    379384
    Lot size
    20.61 Acres

    Taxes and HOA fees

    Tax Description
    G-1317 WALKER ISAAC B A-G1317, ACRES 20.614,
    Tax Annual Amount
    5363

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Preston Davis

    Listing agent Preston Davis License #0742891

    Listing office PARAGON, REALTORS Sherman, TX

    Listing date Apr 29, 2026

    MLS# 21249613 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.

    HighLights

    • Multiple features: pasture, forested areas, ponds, varied terrain.
    • Secluded yet convenient location.
    • Two ponds on the property.
    • Cross‑fenced pasture.
    • Water and electrical meters installed.
    • Forested area with trails.

    Overview

    This 20.614-acre property in Sadler, Grayson County, Texas, offers a diverse landscape including pasture, forested areas, and two ponds. The land is cross-fenced and features a water and electrical meter. Trails are cut throughout the forested area. The property is located a convenient distance from town, providing both seclusion and accessibility. It includes road frontage and varied terrain. This unique property is suitable for a variety of purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    ONETECH HVAC Service

    Suggested Use

    Auto Repair Shop Gym & Fitness Center HVAC Service Garden Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sadler
    County
    Grayson
    State
    Texas
    Longitude
    -96.8502712
    Latitude
    33.7196119

    Nearby Similar for Sale

    • $525,000

      Ag-Exempt Creekside Farmland Tract

      Ag-exempt 25-acre tract with mature trees, county-road frontage, and creek access, plus utilities underway for build readiness.
      Tract 6 Gilbreath Road, Sadler, TX 76264
      View Details
    • $285,000

      Recreational Land Tract with Creek Frontage

      11-acre tract with mature trees and Sandy Creek frontage, with new driveway access improvements underway.
      Tract 8 Gilbreath Road, Sadler, TX 76264
      View Details
    • $299,000

      Creek-Front Farmland Tract

      An 11-acre tract with nearly 700 feet of Sandy Creek frontage and utilities planned for continued development.
      Tract 4 Gilbreath Road, Sadler, TX 76264
      View Details
    • $380,000

      Custom Home Acreage Opportunity

      A cleared, oak-studded acreage with hilly terrain and strong drainage for a private custom home site.
      410-W Arkansas Road, Sadler, TX 76264
      View Details
    • $295,000

      Farmland Tract with Road Frontage

      An 11-acre rural tract with 500+ feet of road frontage and creek frontage, with utilities extending to the site.
      Tract 3 Gilbreath Road, Sadler, TX 76264
      View Details
    • $1,750,000

      Spacious Land in Sadler, Texas

      52.63 acres of land perfect for custom development.
      118 Dickey Road, Sadler, TX 76264
      View Details
    • $205,500

      Residential Land in Sadler, Texas

      5.864 acres of land for residential development near Hwy 82.
      Rodgers Road lot: 5, Sadler, TX 76264
      View Details
    • $525,000

      Recreation Land with Creek Frontage

      20-acre property offers tranquil setting and Mustang Creek frontage, ideal for recreational use or a private build site.
      FM 901, Sadler, TX 76264
      View Details
    • $322,472

      10+ Acre Ranch in Sadler, TX

      10.785 acres with road frontage, suitable for various uses.
      Cordell Road, Sadler, TX 76264
      View Details

    FAQs

    What type of property is this?
    Land - 20+ acre property with ponds, pasture, and forested area.
    Where is this land located?
    The property is located at 11991 Fm 901 Sadler, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Multiple features: pasture, forested areas, ponds, varied terrain.; Secluded yet convenient location.; Two ponds on the property.
    (903) 893-8174
    We can help!
    Listing Contact
    Preston Davis
    Real Estate License ID: 0742891
    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

    Thank You for Inquiry
    11991 Fm 901, Sadler, TX 76264
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!