Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1330 Midway Dr Springtown, TX 76082

    Sponsored
    For Sale
    $790,000

    Improved Land - Springtown, TX

    Lot size:
    40.59 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 25 at 9:06 am

    Property Features for 1330 Midway Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000129133
    Exterior features
    Rv Hookup, Fence
    Fencing
    Fenced
    Lot size
    40.59 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Jones

    CENTURY 21 Judge Fite Company (817) 960-9611

    Listing agent Kelly Jones (817) 960-9611 License #0827857

    Listing date Jan 24, 2026

    MLS# 21162684 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

    40-Acre AG-Exempt Land Tract

    This 40.5-acre AG-exempt tract offers unrestricted use and features approximately 600 feet of road frontage. The property is cross-fenced into two pastures and includes two stock tanks. Coastal Bermuda grass averages approximately 80+ bales per cutting, thriving in sandy loam soil dotted with scattered mature oak trees. Utilities are in place, including electricity and septic, which supports immediate development, interim agricultural use, or RV hookup. The land is suitable for hay production, livestock, equestrian facilities, future homesite development, or land hold investment. Wildlife, including deer, has been observed on the property. Located less than 25 minutes from Weatherford and under one hour from Fort Worth, the property offers a blend of rural tranquility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath HVAC Service Grocery Store Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.820037
    Latitude
    32.98344

    Nearby Similar for Sale

    • $2,399,999
      4,640 SF

      Springtown Estate: Farm, Ranch, Development

      42-acre Springtown estate with custom home, equestrian facilities, and development potential.
      1460 Ross Ln, Springtown, TX 76082
      View Details
    • $3,757,000
      6,449 SF

      Springtown Ranch with Equestrian Facilities

      66.65 acre ranch featuring equestrian facilities and multi-residence living.
      2691 N Fm Road 51, Springtown, TX 76082
      View Details
    • $3,950,000
      10,136 SF

      Springtown Ranch Estate with Event Capabilities

      39.26-acre estate featuring multiple residences, event center, and recreational amenities.
      383 County Road 3672, Springtown, TX 76082
      View Details
    • New
      $935,000
      3.35 Acres

      Six Tenant-Occupied Homes on 3.35 Acres

      Six homes on 3.35 acres, excellent investment opportunity.
      1610 Newsom Mound Rd, Springtown, TX 76082
      View Details
    • $2,995,000
      3,000 SF

      Texas Ranch with Barndominium and Shop

      85-acre Texas ranch featuring a barndominium, shop, and guest house.
      2801 Agnes Cir, Springtown, TX 76082
      View Details
    • $925,000
      15,500 SF

      Springtown Warehouse with Acreage

      5-acre property with warehouse, showroom, and animal facilities.
      5058 Highway 199 W, Springtown, TX 76082
      View Details
    • $3,950,000
      39.26 Acres

      Springtown Estate: Income-Producing Hospitality Property

      39.26-acre gated estate near Fort Worth, ideal for events.
      383 County Road 3672, Springtown, TX 76082
      View Details
    • $540,000
      840 SF

      Fifteen Acre Property with Cabins

      Fifteen acre property with cabins, barns, ponds, and wells.
      3100 Sarra Ln, Springtown, TX 76082
      View Details
    • $495,000
      1,501 SF

      Remodeled Home on Acreage

      Remodeled home on 3.5 acres near town.
      220 S Ash Ter, Springtown, TX 76082
      View Details
    • $779,000
      2,000 SF

      Springtown Farm and Equestrian Property

      Spacious home on 10+ acres, ideal for country living.
      262 N Cheyenne Trl, Springtown, TX 76082
      View Details
    • New
      $575,000
      1,680 SF

      Secluded Ranch Property with Roping Arena

      6.988-acre ranch featuring a workshop, barn, and roping arena.
      1110 Knob Rd, Springtown, TX 76082
      View Details
    • $779,000
      10.01 Acres

      Equestrian Property with Acreage

      Spacious home on 10+ acres, ideal for country living.
      262 N Cheyenne Trl, Springtown, TX 76082
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 40.5-acre AG-exempt land tract suitable for various uses.
    Where is this agricultural land located?
    The property is located at 1330 Midway Dr Springtown, TX.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: - 40.5-acre AG-exempt tract with unrestricted use.; - Utilities in place: electricity and septic.; - Approximately 600 feet of road frontage.
    (817) 960-9611
    Request Owner's contact information
    1330 Midway Dr Springtown, TX 76082
    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.
    1330 Midway Dr
    Springtown, TX 76082
    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
    1330 Midway Dr Springtown, TX 76082
    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
    Kelly Jones
    Real Estate License ID: 0827857
    (817) 960-9611
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.