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    12845 Highway 6 Iredell, TX 76649

    Sponsored
    For Sale
    $455,000

    Barndominium, Farm/Ranch - Iredell, TX

    Type:Farm
    Property size:
    1,680 SF
    Lot size:
    9.92 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 21 at 8:06 pm

    Property Features for 12845 Highway 6

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    R27359
    Parking features
    Carport, Driveway
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Eat-in Kitchen, High Speed Internet Available, Natural Woodwork, Open Floorplan, Wired For Data
    Exterior features
    Covered Patio/Porch, Kennel, Lighting, Stable/Barn, Other, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Refrigerator, Washer, Water - Softener
    Size
    1,680 SF
    Lot size
    9.92 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ceiling Fan(s), Electric
    Water front features
    Creek, Waterfront
    Water front
    1

    Building Details

    Year built
    2015
    Floors in Building
    1
    Flooring type
    Linoleum, Vinyl
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Rebecca Rodriguez

    Bryan Bjerke (817) 653-2433

    Listing agent Rebecca Rodriguez (817) 653-2433 License #0739257

    Listing date Jan 11, 2026

    MLS# 21122697 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

    Iredell Barndominium with Ranch Features

    This property features a metal barndominium situated on 9.92 unrestricted acres with an AG exemption. The home includes 3 large bedrooms, 2 full bathrooms, and an open-concept living and kitchen area. A mud-utility room is located at the back door, which opens to an attached covered carport accommodating 4 vehicles. The property is equipped with a 40x40 barn that includes 5 stables: two 20x10, two 15x10, and one 10x10. Additional features include dog kennels, a round pen with a small barn, a poultry coop, a workshop, and a 50 ft tower for internet. The entire perimeter is fully fenced, and the acreage is cross-fenced for livestock. The metal barndominium has a metal roof and a large front porch, as well as a back porch off the bedroom. The home has great natural light. The property has a new aerobic septic system with a transferable warranty. The seller recently added new road base to the entire driveway and cleared more land. The property is located with convenient access to I-35, Glen Rose, Lake Whitney, and Stephenville, and is about an hour outside of Waco. The property is suited for horses, cattle, goats and other livestock.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Storage Facility Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iredell
    County
    Bosque
    State
    Texas
    Longitude
    -97.801027
    Latitude
    31.965496

    FAQs

    What type of property is this?
    Horse & equestrian property - 9.92 unrestricted acres with barndominium, barn, stables, and more.
    Where is this horse & equestrian property located?
    The property is located at 12845 Highway 6 Iredell, TX.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - 9.92 UNRESTRICTED acres with AG EXEMPTION, fully fenced and cross-fenced, ideal for horses and livestock.; - Metal barndominium featuring 3 bedrooms, 2 bathrooms, open-concept living, and large front and back porches.; - Equipped with a 40x40 barn featuring 5 stables, round pen, poultry coop, and workshop.
    (682) 241-5266
    Request Owner's contact information
    12845 Highway 6 Iredell, TX 76649
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    Iredell, TX 76649
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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
    12845 Highway 6 Iredell, TX 76649
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    We can help!
    Listing Contact
    Rebecca Rodriguez
    Real Estate License ID: 0739257
    (682) 241-5266
    Learn more
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