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    14981 W State Hwy 22 Blooming Grove, TX 76626

    Sponsored
    For Sale
    $775,000

    Business - Blooming Grove, TX

    Type:Business
    Property size:
    3,500 SF
    Lot size:
    8.52 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 21 at 4:06 pm

    Property Features for 14981 W State Hwy 22

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    37665
    Parking features
    Driveway, Garage, Off Street
    Fireplace
    1
    Size
    3,500 SF
    Lot size
    8.52 Acres

    Utilities

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

    Building Details

    Year built
    2004
    Flooring type
    Concrete, Tile, Wood
    Building materials
    Aluminum Siding, Brick
    Roof type
    Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Teel

    RE/MAX LakeSide Dreams (903) 874-0001

    Listing agent Julie Teel (903) 874-0001 License #0380798

    Listing date Feb 12, 2026

    MLS# 21127783 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

    Overview

    Blooming Grove Estate with Kennel

    This 8.5-acre estate in Blooming Grove, TX, is fully fenced and gated. The property includes a 3,500 sq ft home with four bedrooms and five bathrooms, along with a three-car garage. The home features an office, formal dining room, and a breakfast nook. The kitchen is equipped with a prep island, built-in bar seating, custom cabinetry, and a walk-in pantry. The living area includes a fireplace with floor-to-ceiling built-ins and a wall of windows overlooking the pool area. Each bedroom has an ensuite bathroom and walk-in closet, and a secondary primary suite provides additional flexibility. The backyard features an inground gunite pool with a tanning deck and water feature, plus an outdoor kitchen with a smoker, fryer, and prep sink. A small building is located near the pool, and another building is currently used as a poultry coop. The property also has solar panels. A 3,700 sq ft professional-grade kennel facility includes 20 raised 16'x4' runs with Lixit water adapters and free feeders, a dedicated septic system, full HVAC, industrial dehumidification refreshing air every two hours, a dog wash station, photo room, multiple rooms with 20 bank cages, washer, dryer, dishwasher, and refrigerator. The kennel is designed for breeders or pet care professionals. This property is suited for a family retreat, a working ranch, or a home-based business.
    Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Map

    City
    Blooming Grove
    County
    Navarro
    State
    Texas
    Longitude
    -96.74798419
    Latitude
    32.0865539

    Nearby Similar for Sale

    • $225,000
      10.00 Acres

      Blooming Grove Ranch Opportunity

      10-acre ranch/farm/homestead property in Blooming Grove, Texas.
      NW County Road 4040, Blooming Grove, TX 76626
      View Details
    • New
      $346,000
      19.20 Acres

      Blooming Grove Ranch Land

      19.2 acres of pasture and wooded land for sale.
      NW County Road 4010, Blooming Grove, TX 76626
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - 8.5-acre estate featuring a home and professional-grade kennel.
    Where is this horse & equestrian property located?
    The property is located at 14981 W State Hwy 22 Blooming Grove, TX.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - 3,700 sq ft professional-grade kennel facility with 20 runs, dedicated septic, full HVAC, industrial dehumidification, dog wash station, and multiple rooms with cages.; - 8.5 fully fenced and gated acres ideal for a home business, working ranch, or family retreat.; - 3,500 sq ft home with 4 bedrooms, 5 bathrooms, and 3-car garage, including a secondary primary suite for multi-generational living.
    (903) 874-0001
    Request Owner's contact information
    14981 W State Hwy 22 Blooming Grove, TX 76626
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    Blooming Grove, TX 76626
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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
    14981 W State Hwy 22 Blooming Grove, TX 76626
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    We can help!
    Listing Contact
    Julie Teel
    Real Estate License ID: 0380798
    (903) 874-0001 (903) 654-3970 (903) 874-0007
    Learn more
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