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    155 Phillips Ct Runaway Bay, TX 76426

    For Sale
    $196,000

    Unimproved Land - Runaway Bay, TX

    Type:Unimproved Land
    Lot size:
    3.77 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for 155 Phillips Ct

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    773001
    Lot size
    3.77 Acres

    Building Details

    Architectural style
    Other

    Alliance Properties (817) 980-2111

    Listing agent Melinda Wray (817) 980-2111 License #0711468

    Listing date Jul 2, 2025

    MLS# 20799649 Listing URL

    Copyright © 2025 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

    Large Homesite in Runaway Bay

    This 3.76-acre property, among the largest remaining homesites in Runaway Bay, offers a setting for country living with convenient access to the metroplex. The property, originally seven individual lots, has been replatted to include all of Phillips Court. Surrounded by protected green belt, the location is forested, offering scenic views, privacy, and security. A cleared and leveled area, originally planned as a paved cul-de-sac, is ready for a new home. The property allows for the addition of a guest cabin, a second residence, or a studio. The setting features unobstructed hilltop views and a north Texas forest with native red and live oaks, pecan and mesquite trees, boulders, and prairie grasses. The neighborhood is near local conveniences. Runaway Bay is located on the southwest side of Lake Bridgeport, less than 3 miles from the marina and public boat ramp at Wise County Park. The town is intersected by US highway 380, 20 minutes from Decatur, 40 minutes from Denton, and one hour from Fort Worth or DFW airport.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Runaway Bay
    County
    Wise
    State
    Texas
    Longitude
    -97.895415
    Latitude
    33.17418

    Nearby Similar for Sale

    • $99,000
      0.25 Acres

      Runaway Bay Commercial Opportunity

      Commercial unit suitable for business or residential conversion.
      141 Cimmarron Trl, Runaway Bay, TX 76426
      View Details

    FAQs

    What type of property is this?
    Land - Spacious, heavily timbered 3.76-acre property near Lake Bridgeport.
    Where is this land located?
    The property is located at 155 Phillips Ct Runaway Bay, TX.
    What is the asking price?
    The asking price for this property is $196,000.
    What are key features of this property?
    This property features: - Expansive 3.76-acre property, one of the largest remaining in Runaway Bay; - Exceptional privacy and security with protected green belt and heavily timbered land; - Cleared and leveled area ready for building your dream home
    (817) 980-2111
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    Realmo Value Estimation

    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.

    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.

    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
    155 Phillips Ct Runaway Bay, TX 76426
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