Add Listing
    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

    1905 Fm 1501 Deport, TX 75435

    View on Map
    Sponsored
    For Sale
    $299,500

    Ranch, Farm/Ranch - Deport, TX

    Type:Farm
    Property size:
    1,164 SF
    Lot size:
    30.00 Acres
    Days on Market:
    15
    Last Refresh:
    Mar 19 at 1:06 pm

    Property Features for 1905 Fm 1501

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    102265
    Parking features
    Carport, Covered, Driveway
    Patio and Porch features
    Patio, Porch
    Interior features
    Cathedral Ceiling(s), Eat-in Kitchen
    Exterior features
    Covered Patio/Porch, Stable/Barn, Fence
    Fencing
    Fenced
    Size
    1,164 SF
    Lot size
    30.00 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1988
    Floors in Building
    1
    Flooring type
    Laminate, Tile
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Chad Stephens
    Chad Stephens

    Texas Starpath Partners Inc (972) 599-7000

    Listing agent William Stephens (972) 599-7000 License #0434869

    Listing date Mar 4, 2026

    MLS# 21044696 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

    30 Acre Ranch in Deport

    This property features a ranch-style home and barn situated on 30 acres in Prairieland Independent School District. Located on a Farm to Market road between Pattonville and Deport, the property offers both privacy and convenience. The home has undergone major renovations, with some finishing touches remaining. Perimeter fencing is in place, making it suitable for grazing livestock or hay production. Two ponds provide water for livestock and recreational fishing opportunities. The property supports an abundance of wildlife, including whitetail deer. Located less than 20 minutes from Paris, Texas, the property provides access to shopping, medical care, and entertainment while maintaining a country lifestyle.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Deport
    County
    Lamar
    State
    Texas
    Longitude
    -95.352391
    Latitude
    33.513388

    Nearby Similar for Sale

    • $250,000
      0.94 Acres

      Versatile Commercial Building in Deport, TX

      Commercial building with flexible floor plan and development potential.
      508 Monroe St, Deport, TX 75435
      View Details
    • $185,000
      6,500 SF

      Established Farm Supply Business Opportunity

      Turnkey agribusiness opportunity in Deport, TX, serving Lamar County.
      174 Choctaw St, Deport, TX 75435
      View Details
    • $200,000
      6,500 SF

      Deport Farm Supply Business Opportunity

      Commercial business opportunity in Deport, TX, with room to expand.
      174 Choctaw St, Deport, TX 75435
      View Details
    • $79,000
      0.25 Acres

      Rental Home in Deport, TX

      Well-maintained rental home in a quiet, small-town setting.
      240 S College St, Deport, TX 75435
      View Details
    • $6,500,000
      650.18 Acres

      Productive Farm with Metal Shop

      650-acre farm with excellent soils and a 40x60 metal shop.
      00 Farm, Deport, TX 75435
      View Details
    • $350,000

      30 Acre Ranch in Prairieland

      Ranch-style home on 30 acres in Prairieland ISD.
      Deport, TX 75435
      View Details
    • $200,000
      6,500 SF

      Deport Farm Supply: Turnkey Agribusiness

      Established Agribusiness, 6,500 sq ft, 2.65 acres
      174 Choctaw St, Deport, TX 75435
      View Details

    FAQs

    What type of property is this?
    Ranch - Renovated ranch home on 30 acres near Paris, TX.
    Where is this ranch located?
    The property is located at 1905 Fm 1501 Deport, TX.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - 30 prime acres ideal for livestock grazing or hay production, with perimeter fencing.; - Ranch-style home with barn, offering country living with renovation potential.; - Located in the desirable Prairieland ISD.
    (972) 599-7000
    Request Owner's contact information
    1905 Fm 1501 Deport, TX 75435
    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.
    1905 Fm 1501
    Deport, TX 75435
    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
    1905 Fm 1501 Deport, TX 75435
    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
    Chad Stephens
    Chad Stephens
    Real Estate License ID: 0434869
    (972) 599-7000 (903) 905-1640
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!