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    15868 Fm-981 Blue Ridge, TX 75424

    For Sale
    $799,000

    Unimproved Land - Blue Ridge, TX

    Type:Unimproved Land
    Lot size:
    23.00 Acres
    Days on Market:
    230
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for 15868 Fm-981

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R667400104001
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    23.00 Acres

    Building Details

    Architectural style
    Other

    Glasco Commercial Real Estate (972) 987-1600

    Listing agent Grant Glasco (214) 448-0134 License #0525556

    Listing date Apr 25, 2025

    MLS# 20855068 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

    23 Acres in Blue Ridge

    This 23-acre property, located on Farm-to-Market Road 981 in Blue Ridge, Texas, is suitable for a country estate, investment, or subdivision. The majority of the land is generally level and cleared, with over 3 acres at the front being wooded with some topography. A small pond is located at the back of the property. The perimeter is fenced. The property has frontage on and access to Farm-to-Market Road 981, with Co-op Water and Electricity available along the road. It is highly accessible to State Highway 78 in Blue Ridge, providing access to State Highway 121 and U.S. Highway 380 in Collin County. It is also near the north-south part of FM 981, leading into Leonard, and FM 36, providing accessibility to U.S. Highway 380 in Hunt County. There is no flood plain. The intersection of FM 981 and the technically preferred alignment of the future Collin County Outer Loop is nearby, just to the west of Bear Creek.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Blue Ridge
    County
    Collin
    State
    Texas
    Longitude
    -96.31729719
    Latitude
    33.30181819

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    FAQs

    What type of property is this?
    Land - Unimproved land suitable for estate, investment, or subdivision.
    Where is this land located?
    The property is located at 15868 Fm-981 Blue Ridge, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Acreage suitable for estate, investment, or subdivision; - Highly accessible location near FM 981, State Hwy 78, and future Collin County Outer Loop; - Majority of property is level and cleared
    (214) 448-0134
    Request Owner's contact information
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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

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    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
    15868 Fm-981 Blue Ridge, TX 75424
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