Sign Up Successful!
You now have access to more from Realmo!
    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

    1302 Wilson Rd Lancaster, TX 75146

    Sponsored
    For Sale
    $1,250,000

    Ranch, Farm/Ranch - Lancaster, TX

    Type:Farm
    Property size:
    1,282 SF
    Lot size:
    25.00 Acres
    Days on Market:
    120
    Last Refresh:
    Feb 13 at 10:06 am

    Property Features for 1302 Wilson Rd

    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
    650549600102600HS
    Parking features
    Covered, Garage, Oversized, RV
    Patio and Porch features
    Patio, Porch
    Interior features
    Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry
    Exterior features
    Covered Patio/Porch, Rain Gutters, Private Entrance, Rv Hookup, Rv/Boat Parking, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Size
    1,282 SF
    Lot size
    25.00 Acres

    Utilities

    Heating system
    Central, Fireplace(s), Propane (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1965
    Floors in Building
    1
    Flooring type
    Tile, Wood
    Roof type
    Composition
    Architectural style
    Ranch
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s), Storage

    We can help!

    Listing Contact
    Delia Sifuentes
    Delia Sifuentes

    Delia Sifuentes (817) 789-5228

    Listing agent Delia Sifuentes (817) 789-5228 License #0554665

    Listing date Oct 17, 2025

    MLS# 20887158 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

    Lancaster Ranch with Mineral Rights

    This rare property features a three-bedroom, two-bath home situated on 25 acres. Located outside city limits and without restrictions, this property is currently ag exempt and can be used for residential, commercial, or agricultural purposes. The property includes two parcels: one with 2 acres containing the home, and another with 23 agricultural acres. The seller intends to sell all 25 acres together. Mineral rights are included with the sale. The property is not located in a flood zone. A long driveway leads to the home, which is situated next to a large pond stocked with bass and perch. Additional features include a two-car garage, a carport for three vehicles, and an RV carport that can accommodate four RVs. The property is located in Lancaster, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Hotel & Motel HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.730798
    Latitude
    32.563972

    Nearby Similar for Sale

    • $160,000
      0.16 Acres

      Versatile Commercial Property Near Downtown

      Adaptable commercial space with potential for various business ventures.
      509 E 3Rd St, Lancaster, TX 75146
      View Details
    • $425,000
      4,200 SF

      Lancaster Retail Building with Suites

      Retail building in Lancaster, TX with income potential.
      1010 N Dallas Ave N, Lancaster, TX 75146
      View Details
    • $459,900
      0.20 Acres

      Clean Duplex in Residential Area

      2005 duplex with updates, ideal for investors or owner-occupants.
      2760 Pike Dr, Lancaster, TX 75134
      View Details
    • $675,000
      0.37 Acres

      New Warehouse and Office Development

      New mixed-use warehouse and office space in Lancaster, Texas.
      3350 Balomede St, Lancaster, TX 75134
      View Details
    • Contact for pricing

      Lancaster Horse Farm on 28 Acres

      28 acre horse farm near I35 and 20 in Lancaster, TX.
      2105 N Houston School Rd, Lancaster, TX 75134
      View Details
    • Contact for pricing

      Lancaster Retail Property For Sale

      Retail property in a central location with diverse potential uses.
      918 N Dallas Ave, Lancaster, TX 75146
      View Details
    • Contact for pricing

      Lancaster Retail Property For Sale

      Retail property in a prime location, suitable for various businesses.
      918 N Dallas Ave, Lancaster, TX 75146
      View Details
    • $2,000,000
      19,190 SF

      Lancaster Warehouse with Office Space

      19,190 SF warehouse with office, heavy power, expandable parking.
      301 E Pecan St, Lancaster, TX 75146
      View Details
    • Contact for pricing
      8,500 SF

      Lancaster Warehouse with Truck Parking

      8,500 SF warehouse on 3.8 acres with truck parking.
      1329 E Wheatland Rd, Lancaster, TX 75134
      View Details
    • Contact for pricing
      17,000 SF

      Restaurant/Retail Property For Sale

      Restaurant/Retail property with high visibility and great access.
      940 N Ih 35E, Lancaster, TX
      View Details
    • Contact for pricing
      245,904 SF

      Lancaster Warehouse and Distribution Space

      245,860 SF warehouse with 32' clear height.
      3500 N Dallas Ave, Lancaster, TX 75134
      View Details
    • Contact for pricing
      3,900 SF

      Lancaster Office Building For Sale

      3,900 SF office building on 1.52 acres.
      3136 Danieldale Rd, Lancaster, TX 75134
      View Details

    FAQs

    What type of property is this?
    Farm - 25-acre ranch in Lancaster, TX, outside city limits, no restrictions.
    Where is this farm located?
    The property is located at 1302 Wilson Rd Lancaster, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 25 Acres: Large property suitable for residential, commercial, or agricultural use with no restrictions and current AG exemption.; - Mineral Rights Included: Ownership of subsurface mineral rights adds significant value.; - Extensive Parking: 2-car garage, 3-car carport, and RV carport for 4 RVs.
    (817) 789-5228
    Request Owner's contact information
    1302 Wilson Rd Lancaster, TX 75146
    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.
    1302 Wilson Rd
    Lancaster, TX 75146
    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
    1302 Wilson Rd Lancaster, TX 75146
    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

    We can help!
    Listing Contact
    Delia Sifuentes
    Delia Sifuentes
    Real Estate License ID: 0554665
    (817) 789-5228 (972) 387-0300
    Learn more
    Google sign-in failed. Please try again or use another login method.