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    Texas Estate with Modern Farmhouse Title is generated by Realmo AI

    1818 County Road 1151, Cumby, TX 75433

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    For Sale
    $3,399,000

    Modern Farmhouse,Ranch,Traditional,Other, Farm/Ranch - Cumby, TX

    Type:Farm
    Property size:
    4,085 SF
    Lot size:
    97.21 Acres
    Price / SF:
    $832/SF
    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 12:06 pm

    Property Features for 1818 County Road 1151

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Covered, Garage, Golf Cart, Guest, Heated, Oversized, Secured, Workshop
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Cable Tv Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Attached Grill, Covered Patio/Porch, Lighting, Mosquito Mist System, Outdoor Kitchen, Outdoor Living Center, Outdoor Shower, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Ice Maker, Oven - Double, Range, Range - Gas, Refrigerator, Refrigerator - Built-in, Washer, Water - Filter
    Standard status
    Active
    APN
    R000010207
    Size
    4,085 SF
    Lot size
    97.21 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Fireplace(s), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2022
    Floors in Building
    1
    Flooring type
    Concrete, Other
    Building materials
    Stone, Stone Veneer
    Roof type
    Metal
    Architectural style
    Modern
    Additional Structures
    Outdoor Kitchen, Storage

    We can help!

    Listing Contact
    Melanie Caple
    Melanie Caple

    Listing agent Melanie Caple License #0609572

    Listing office Caple & Company 114 W Virginia St., Dallas, TX

    Listing date May 11, 2026

    MLS# 21201992 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.

    HighLights

    • 97‑acre estate with four stocked ponds, attracting wildlife and offering recreational opportunities.
    • Custom‑built home featuring high‑end finishes including quartz countertops and Sub‑Zero refrigeration.
    • Enjoy the heated porch, heated pool & spa, misting system, outdoor shower, and vintage canoe.
    • Functional features include a 5‑car garage with climate‑controlled bay and workshop.
    • Located in the highly sought‑after Miller Grove school district.
    • Wildlife and agricultural exemptions are already in place, offering financial benefits.

    Overview

    This 97.21-acre Texas estate offers a blend of luxury, comfort, and functionality. The custom-built home features high-end finishes such as quartz countertops, custom woodwork, antique stained glass, a chef’s kitchen with Sub-Zero refrigeration, custom Pella windows, and sleek epoxy floors. Outdoor amenities include a heated porch, heated pool and spa, misting system, outdoor shower, and a vintage canoe by one of the four stocked ponds. These ponds attract abundant wildlife and offer opportunities for fishing and recreation. The property includes a 5-car garage with a climate-controlled bay and workshop space, an additional dwelling unit (ADU), underground electric, fiber lines, and a Generac Guardian generator. A separate building houses commercial-grade pool equipment and extra storage. The land has wildlife and agricultural exemptions already in place. The property is located in the Miller Grove school district and offers opportunities for outdoor adventures and relaxation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Cumby
    County
    Hopkins
    State
    Texas
    Longitude
    -95.759405
    Latitude
    33.000478

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    FAQs

    What type of property is this?
    Ranch - 97-acre Texas estate featuring a custom-built home and stocked ponds.
    Where is this ranch located?
    The property is located at 1818 County Road 1151 Cumby, TX.
    What is the asking price?
    The asking price for this property is $3,399,000.
    What are key features of this property?
    This property features: 97‑acre estate with four stocked ponds, attracting wildlife and offering recreational opportunities.; Custom‑built home featuring high‑end finishes including quartz countertops and Sub‑Zero refrigeration.; Enjoy the heated porch, heated pool & spa, misting system, outdoor shower, and vintage canoe.
    (214) 490-4936
    We can help!
    Listing Contact
    Melanie Caple
    Melanie Caple
    Real Estate License ID: 0609572
    Learn More
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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.

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