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

    189 Shady Spring Dr Bridgeport, TX 76426

    Sponsored
    For Sale
    $35,000

    Unimproved Land - Bridgeport, TX

    Type:Unimproved Land
    Lot size:
    0.24 Acres
    Days on Market:
    67
    Last Refresh:
    Jan 24 at 1:06 am

    Property Features for 189 Shady Spring Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    765687
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Victoria Carr

    Monument Realty (214) 705-7827

    Listing agent Victoria Carr (214) 705-7827 License #0833545

    Listing date Nov 19, 2025

    MLS# 21014519 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

    Land in Bridgeport, Texas

    This 0.24-acre land parcel is located in Bridgeport, Texas. It presents an opportunity to construct a custom dream home or vacation retreat. The location offers a balance of accessibility to conveniences while providing a secluded atmosphere away from busier urban areas. A home package is available for an additional cost. A complete mobile home, carport, and shop package is also an option.
    Property Profile Insight Report 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
    Bridgeport
    County
    Wise
    State
    Texas
    Longitude
    -97.900101
    Latitude
    33.191922

    Nearby Similar for Sale

    • $5,900,000
      75.00 Acres

      Lakefront Ranch with RV Park

      75.5-acre ranch with lake frontage, RV park, and custom home.
      139 Pr-1537 Rd, Bridgeport, TX 76426
      View Details
    • $9,975,000
      84.00 Acres

      Bridgeport Lake Ranch Opportunity

      84-acre ranch with lake access and development potential.
      0000 Prairie Ln, Bridgeport, TX 76426
      View Details
    • $6,225,000
      2,569 SF

      Vast Ranch Property with Custom Home

      Ranch property with custom home, pool, and abundant natural light.
      611 Cr 3214, Bridgeport, TX 76426
      View Details
    • $6,225,000
      415.00 Acres

      Vast Ranch Property with Custom Home

      Ranch featuring good grasses, woods, fences, and a custom home.
      Tbd Cr 3214, Bridgeport, TX 76426
      View Details
    • $375,000
      0.24 Acres

      Renovated Office Space in Bridgeport

      Remodeled office space with historic charm and modern amenities.
      1105 Hovey St, Bridgeport, TX 76426
      View Details
    • $325,000
      2.38 Acres

      Highway Frontage Workshop with Parking

      2.384 acres with workshop and covered parking near highway.
      6039 Us Highway 380, Bridgeport, TX 76426
      View Details
    • $1,100,000
      0.77 Acres

      Bridgeport Office Building For Sale

      Office building in a great location off 380 W in Bridgeport.
      809 Woodrow Wilson Ray Cir, Bridgeport, TX 76426
      View Details
    • $449,000
      2,730 SF

      Retail Property in Bridgeport, TX

      Two buildings in a high-traffic area with retail potential.
      914 Halsell St, Bridgeport, TX 76426
      View Details
    • $360,000
      0.28 Acres

      Bridgeport Retail Investment Opportunity

      Retail investment property with leasing potential in a busy area.
      1804 Chico Hwy, Bridgeport, TX 76426
      View Details
    • $2,999,000
      2,950 SF

      Bridgeport Ranch with Development Potential

      182-acre ranch near Hwy 380 with development potential.
      2012 Cuba Rd, Bridgeport, TX 76426
      View Details
    • $550,000
      0.32 Acres

      Prime Retail Location in Bridgeport, TX

      Corner retail building with endless possibilities in downtown Bridgeport, TX.
      921 Halsell St, Bridgeport, TX 76426
      View Details
    • $815,000
      864 SF

      Bridgeport Horse Property with Barns

      20-acre horse property featuring two barns with 31 stalls.
      6437 Fm 920, Bridgeport, TX 76426
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land suitable for building a dream or vacation home.
    Where is this land located?
    The property is located at 189 Shady Spring Dr Bridgeport, TX.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Ideal location for building a dream home or vacation home.; - Convenient access to amenities while offering a secluded retreat.; - Option for a complete mobile home, carport, and shop package (see MLS 21014680).
    (214) 705-7827
    Request Owner's contact information
    189 Shady Spring Dr Bridgeport, TX 76426
    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.
    189 Shady Spring Dr
    Bridgeport, TX 76426
    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
    189 Shady Spring Dr Bridgeport, TX 76426
    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
    Victoria Carr
    Real Estate License ID: 0833545
    (214) 705-7827
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.