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

    1475 Fm 49 Mineola, TX 75773

    Sponsored
    For Sale
    $850,000

    Farm/Ranch - Mineola, TX

    Type:Farm
    Property size:
    2,680 SF
    Lot size:
    17.26 Acres
    Days on Market:
    7
    Last Refresh:
    Feb 20 at 6:06 pm

    Property Features for 1475 Fm 49

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    R15751
    Parking features
    Carport, Driveway, Gated
    Patio and Porch features
    Patio, Porch
    Interior features
    Decorative Lighting, Eat-in Kitchen, In-law Suite Floorplan, Open Floorplan, Pantry, Second Primary Bedroom
    Exterior features
    Covered Patio/Porch, Fire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Stable/Barn, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Size
    2,680 SF
    Lot size
    17.26 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Electric

    Building Details

    Year built
    1979
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Outdoor Kitchen, Stable(s)

    We can help!

    Listing Contact
    Mckenna Warnick
    Mckenna Warnick

    Coldwell Banker Apex (903) 581-2584

    Listing agent Mckenna Warnick (903) 581-2584 License #0739851

    Listing date Feb 14, 2026

    MLS# 21174724 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

    East Texas Farm and Ranch

    This 17.26-acre East Texas property offers opportunities for farming, ranching, or a retreat from city life, while remaining close to small-town amenities. The land features approximately 440 feet of frontage on FM 49 and 900 feet on CR 2650. The residence includes a living space with a stone fireplace and natural light, four bedrooms, two full baths, and a half-bath with a tanning bed. The kitchen connects to the living and dining areas. A large great room provides flexible space. The property includes a pool with a slide, pipe fencing, and a carport with a pergola and covered parking. Outbuildings include a 70x100 slab, with a 40x60 shop featuring two 20x40 wings, a 20x100 shed, a full bath, an office area, a loft space, a fan, four roll-up doors, and two entry/exit doors. There is also a 30x50 calf barn with six stalls, gates, fans, lights, a storage room, and a wash station, along with a chicken coop and two storage sheds. The first stages of new construction for a 30x30 slab, outdoor kitchen, bathroom, and greenhouse are underway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Building Supply Garden Center Electrical Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineola
    County
    Wood
    State
    Texas
    Longitude
    -95.423112
    Latitude
    32.688214

    Nearby Similar for Sale

    • $625,000
      3,991 SF

      Turnkey Duplex Investment Property

      Two newer duplexes on a well-maintained one-acre lot.
      5733 Fm 779, Mineola, TX 75773
      View Details
    • $4,990,000
      6,303 SF

      Modern Farmhouse on 170 Acres

      French-inspired farmhouse on 170 acres in East Texas.
      395 County Road 2482, Mineola, TX 75773
      View Details
    • $999,810
      74.06 Acres

      East Texas Ranch Ready

      74-acre ranch in East Texas with ponds and pasture.
      000 County Road 2918, Mineola, TX 75410
      View Details
    • $750,000
      4,159 SF

      Mineola Ranch Estate on Acreage

      Unique Spanish Mediterranean ranch estate on 25+ private acres.
      255 County Road 2660, Mineola, TX 75773
      View Details
    • $799,900
      2,700 SF

      Sprawling Country Estate with Rental

      Custom home on 37 acres with rental cabin.
      1081 County Road 3875, Mineola, TX 75773
      View Details
    • $2,500,000
      3,064 SF

      Lakeside Ranch in Gated Retreat

      Custom-built ranch on 5 acres with community amenities.
      1322 Private Road 7891, Mineola, TX 78612
      View Details
    • $305,000
      0.30 Acres

      Historic Mineola Mixed-Use Property

      1930s property in the heart of Mineola, suitable for various uses.
      1009 N Pacific St, Mineola, TX 75773
      View Details
    • $290,000
      0.27 Acres

      Updated Office Building in Mineola

      Turnkey office building in historic downtown Mineola with parking.
      228 W Broad St, Mineola, TX 75773
      View Details
    • $1,900,000
      3,988 SF

      Mineola, TX: Winery and Vineyard

      58-acre Mineola, TX property featuring a winery and vineyard.
      2575 County Road 2724, Mineola, TX 75773
      View Details
    • $290,000
      2,700 SF

      Updated Office Building in Mineola

      Turnkey commercial office building in historic downtown Mineola.
      228 W Broad St, Mineola, TX 75773
      View Details
    • $225,000
      2,130 SF

      Mineola Professional Office Building For Sale

      Professional office building in the heart of Mineola, Texas.
      139 Maxine St, Mineola, TX 75773
      View Details
    • $525,000
      3,499 SF

      East Texas Homestead on Acreage

      Charming East Texas home on 13+ acres with homestead potential.
      4776 Fm 778, Mineola, TX 75773
      View Details

    FAQs

    What type of property is this?
    Farm - 17.26 acre farm/ranch property in Mineola, Texas.
    Where is this farm located?
    The property is located at 1475 Fm 49 Mineola, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 17.26 Acres of land with dual road frontage (FM 49 and CR 2650).; - **Large 70x100 shop** with multiple features including a 40x60 shop area, 2 wings, shed, full bath, office space, loft potential, large fan, and roll-up doors.; - **Sparkling pool with a slide.**
    (903) 581-2584
    Request Owner's contact information
    1475 Fm 49 Mineola, TX 75773
    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.
    1475 Fm 49
    Mineola, TX 75773
    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
    1475 Fm 49 Mineola, TX 75773
    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
    Mckenna Warnick
    Mckenna Warnick
    Real Estate License ID: 0739851
    (903) 581-2584 (903) 376-9681
    Learn more
    Google sign-in failed. Please try again or use another login method.