Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    69.9-Acre Multi-Pond Land Tracts Title is generated by Realmo AI

    2019 Fm 2949 Highway N, Cooper, TX 75432

    View on Map
    Claim this Listing
    For Sale
    $420,000

    LAND - Other - Cooper, TX

    Lot size:
    69.80 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    99
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 2019 Fm 2949 Highway N

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Grassed, Brush
    Standard status
    Active
    APN
    2847
    Lot size
    69.80 Acres

    Taxes and HOA fees

    Tax Description
    0170 L HOLMAN TRACT 5 ACRES 55.915 SERIAL # 1
    Tax Annual Amount
    1095

    Utilities

    Sewer type
    Aerobic Septic
    Water source
    Public

    Building Details

    Year built
    1999
    Architectural style
    Other

    We can help!

    Listing Contact
    Wendy Tockey

    Listing agent Wendy Tockey License #0617991

    Listing office Compass RE Texas, LLC Dallas, TX

    Listing date Feb 27, 2026

    MLS# 21158208 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

    • 69.9 acres of unrestricted land in Cooper, TX (Delta County)
    • 6 stock ponds on the property, providing water for livestock and fishing
    • Water source: public
    • Sewer: aerobic septic
    • Electricity available on the front tract
    • Well on the property

    Overview

    A rare opportunity for buyers seeking flexible acreage: this 69.9-acre, two-trat property offers wide-open space with scattered trees and six stock ponds. The ponds create practical water access for livestock and fishing, while the mixed terrain supports cattle grazing and other agricultural uses. The land is also described as having no known restrictions, giving owners room to explore everything from development possibilities to a private estate or recreational property.

    Located in Cooper, Texas in Delta County, the property is just minutes from Cooper Lake State Park and Jim Chapman, known as Cooper Lake. Access and utilities are supported by a well and an aerobic sewer system, along with electricity available on the front tract, which can help simplify planning for future improvements.

    With its combination of pond resources, grazing-friendly layout, and utility availability on the front tract, the property is well-suited for agricultural operators, outdoor recreation buyers, and anyone looking for a private, expandable land base. Whether your goal is a working ranch or a secluded getaway, this tract offers a functional foundation and straightforward next steps for due diligence and site planning.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Cooper
    County
    Delta
    State
    Texas
    Longitude
    -95.591
    Latitude
    33.396

    Nearby Similar for Sale

    • $240,000

      Turnkey Dual Car Wash and Storage

      Acquire two self-service car wash locations plus income-producing storage units, ready to operate with existing wash bays and vacuums.
      1201 W Dallas Avenue, Cooper, TX 75432
      View Details
    • $269,900

      Flex Warehouse with Office

      Two-property offering includes a multi-bay metal warehouse with office and lift capacity plus a second repair-needed building.
      200 E Bonham, Cooper, TX 75432
      View Details
    • $674,900

      Ag-Exempt Fenced Farmland and Hunting Land

      Turnkey setup for cattle and hay production with gated access, fencing, ponds, and seasonal creeks for recreation.
      2129 County Road 2130, Cooper, TX 75432
      View Details
    • $219,000

      Turnkey Duplex with Two 2BR Units

      Well maintained brick duplex with two cared-for 2-bedroom units, each with carport and backyard space.
      701 & 703 SW 1st Street, Cooper, TX 75432
      View Details
    • $189,000

      9.4 Acres Unimproved Land

      9.4 acres of land near Cooper, TX, ideal for development.
      2585 CR 2130, Cooper, TX 75432
      View Details
    • $455,000

      Fenced Ranch Acreage with Ponds

      Versatile, move-in ready acreage with ponds, fenced perimeter, and livestock infrastructure for ranching or recreation.
      County Road 2125, Cooper, TX 75432
      View Details
    • $119,000

      Two-Sided Digital Billboard Site

      Recent two-sided digital billboard construction on a small parcel with recorded traffic supports ongoing advertising income potential.
      HWY 24, Cooper, TX 75432
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unrestricted 2-trac land with six stock ponds, scattered trees, and utilities on the front tract for farming or private retreats.
    Where is this agricultural land / farmland located?
    The property is located at 2019 Fm 2949 Highway N Cooper, TX.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: 69.9 acres of unrestricted land in Cooper, TX (Delta County); 6 stock ponds on the property, providing water for livestock and fishing; Water source: public
    (214) 814-8100
    We can help!
    Listing Contact
    Wendy Tockey
    Real Estate License ID: 0617991
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2019 Fm 2949 Highway N, Cooper, TX 75432
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!