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

    1300 Highway 571 Ranger, TX 76470

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    Contact for pricing

    Unimproved Land - Ranger, TX

    Type:Unimproved Land
    Lot size:
    0.92 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 19 at 10:06 am

    Property Features for 1300 Highway 571

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active Under Contract
    APN
    0066143
    Lot size
    0.92 Acres

    Building Details

    Year built
    1950
    Architectural style
    Other

    We can help!

    Listing Contact
    Johnny Wells
    Johnny Wells

    Listing agent Johnny Wells License #0393603

    Listing office RANGER REALTY 101 W. Main Street, Ranger, TX

    Listing date Mar 31, 2026

    MLS# 21174370 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

    Treed Land on Highway 571

    This is a 0.92 acre, more or less, tract of land situated on the edge of Ranger, Texas, outside the city limits. The property is treed and fenced, featuring large trees. An older structure is present on the land, offering the potential for renovation into a residence or removal to make way for a new home. Water and electricity were previously connected to the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Kitchen & Bath Showroom Computer & Electronic Repair Tech Support Center Plumbing Service Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Ranger
    County
    Eastland
    State
    Texas
    Longitude
    -98.633967
    Latitude
    32.433895

    Nearby Similar for Sale

    • $320,000

      Commercial Property Near Interstate 20

      One-acre commercial property with office and warehouse space near I-20.
      1500 W Loop 254, Ranger, TX 76470
      View Details
    • $65,000

      Commercial Opportunity in Ranger, Texas

      Commercial location suitable for restaurants, retail, or office space.
      400 E Loop 254, Ranger, TX 76470
      View Details
    • $685,000

      Ranger, TX Ranch with Views

      83.4-acre ranch featuring a home, workshop, and recreational opportunities.
      12436 County Road 134, Ranger, TX 76470
      View Details
    • $250,000

      Historical Theater with Business Potential

      Historical theater in Ranger, TX, with residential quarters and bar.
      114 S Austin, Ranger, TX 76470
      View Details
    • $785,000

      85-Acre Land with I-20 Frontage

      Versatile land with I-20 frontage, ideal for development.
      6685 Interstate 20, Ranger, TX 76470
      View Details
    • $129,900

      Ranger, TX Warehouse with Parking

      Charming 1920s warehouse with adjacent parking lot for sale.
      115 N Commerce Street, Ranger, TX 76470
      View Details
    • $1,440,000

      360-Acre Ranch with Wind Turbine Income

      Combination ranch with grazing, hunting, and wind turbine income potential.
      7528 Fm 717 S, Ranger, TX 76470
      View Details
    • $89,900

      Office Building in Ranger, TX

      Office building suitable for CPA or groomer in Ranger, TX.
      113 S Rusk Street, Ranger, TX 76470
      View Details
    • $2,250,000
      3,010 SF

      Turnkey Ranch with Luxury Barndominium

      202-acre ranch featuring a barndominium and guest home.
      13786 Fm 1852, Ranger, TX 76470
      View Details
    • $160,000

      20 Acres of Texas Land

      20-acre Texas land perfect for hunting, camping, and recreation.
      0 County Rd 136, La Casa, TX 76470
      View Details
    • $299,000

      30 Acres with Utilities, Cabin

      Versatile 30-acre land with utilities, cabin, and multiple use potential.
      12550 County Road 136, Ranger, TX 76470
      View Details
    • $130,000

      Ranger, TX Unimproved Land

      10.05 acres of unimproved land in Ranger, Texas.
      1976 County Road 488, Ranger, TX 76470
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.92 acre treed land tract near Ranger, Texas.
    Where is this residential land & home lot located?
    The property is located at 1300 Highway 571 Ranger, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 0.91‑acre treed lot outside city limits.; Existing older structure: potential for renovation or new construction.; Water and electricity previously connected.
    (254) 647-1587
    We can help!
    Listing Contact
    Johnny Wells
    Johnny Wells
    Real Estate License ID: 0393603
    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!