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

    2101 Erwin Rd Jacksboro, TX 76458

    Sponsored
    For Sale
    $9,352,600

    Ranch - Jacksboro, TX

    Type:Ranch
    Lot size:
    467.81 Acres
    Days on Market:
    102
    Last Refresh:
    Jan 22 at 2:06 am

    Property Features for 2101 Erwin Rd

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    0000
    Lot size
    467.81 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Magan Anderson
    Magan Anderson

    Anderson Realty Group, LLC. (940) 229-0403

    Listing agent Magan Anderson (940) 229-0403 License #0662649

    Listing date Oct 13, 2025

    MLS# 21086042 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

    Texas Ranch Land with Lake

    This 468-acre ranch land in Texas is suitable for recreation, cattle ranching, or residential development. A 5-acre lake enhances the property, which also includes three sleeping cabins. A cookhouse provides a living room and full restroom facilities, including washer and dryer connections. The property is located in Jacksboro, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksboro
    County
    Jack
    State
    Texas
    Longitude
    -98.045234
    Latitude
    33.105209

    Nearby Similar for Sale

    • $1,290,000
      3,774 SF

      Texas Haven on 18 Acres

      Spacious 4-bedroom home with modern amenities on 18 acres.
      735 Gresham Ln, Jacksboro, TX 76458
      View Details
    • $6,000,000
      188.00 Acres

      188-Acre Ranch with Spring-Fed Lake

      Premier recreational ranch and campground featuring a 4-acre spring-fed lake.
      4636 Halsell Ranch Rd, Jacksboro, TX 76458
      View Details
    • $799,000
      60.00 Acres

      Turn-Key Ready Ranch in Jacksboro

      60-acre ranch perfect for hunting, grazing, fishing, and recreation.
      450 Beaver Crk Ln, Jacksboro, TX 76458
      View Details
    • $1,800,000
      1,080 SF

      Agricultural Exempt Hunting Ranch

      272.57 acre ranch with lodge near Jacksboro, Texas.
      3141 Rogers Rd, Jacksboro, TX 76458
      View Details
    • New
      $1,215,000
      1,960 SF

      Turn-Key Ranch with Cattle Facilities

      100-acre ranch featuring cattle facilities, lush fields, and residence.
      9901 Fm 1156, Jacksboro, TX 76458
      View Details
    • New
      $565,000
      71.63 Acres

      71.63 Acres Ranch in Jacksboro

      71.63-acre ranch for cattle and hunting, one hour from Fort Worth.
      71.63 Acres Slusher Rd, Jacksboro, TX 76458
      View Details
    • $291,700
      29.17 Acres

      Diverse Acreage in Jacksboro, Texas

      29.17 acres of pasture, field, and hardwoods near Hwy 199.
      29.47 Acres Ballard Rd, Jacksboro, TX 76458
      View Details
    • $299,000
      0.13 Acres

      Jacksboro Warehouse on Courthouse Square

      4,600 SF retail/warehouse building in Jacksboro, Texas for sale.
      126 N Church St, Jacksboro, TX 76458
      View Details
    • $329,000
      0.13 Acres

      Jacksboro Retail/Warehouse Opportunity

      5,000 SF retail/warehouse building near Jack County courthouse.
      128 N Church St, Jacksboro, TX 76458
      View Details
    • $329,000
      0.61 Acres

      Versatile Commercial Property on Main

      Highly visible commercial property with great access and abundant parking.
      1465 N Main St, Jacksboro, TX 76458
      View Details
    • $450,000
      1,689 SF

      Renovated Home on 5.49 Acres

      Spacious, renovated 5-bedroom home on 5.49 acres in Jacksboro, TX.
      701 Rumage Rd, Jacksboro, TX 76458
      View Details
    • $1,076,325
      143.51 Acres

      Texas Ranch Land Opportunity

      143 acre Texas ranch ready for cattle and hunting.
      Tbd Cswy Rd, Jacksboro, TX 76458
      View Details

    FAQs

    What type of property is this?
    Ranch - 468-acre Texas ranch featuring a lake, cabins, and cookhouse.
    Where is this ranch located?
    The property is located at 2101 Erwin Rd Jacksboro, TX.
    What is the asking price?
    The asking price for this property is $9,352,600.
    What are key features of this property?
    This property features: - 468-acre ranch land suitable for recreation, cattle, or building a home.; - Features a 5-acre lake.; - Includes three sleeping cabins.
    (940) 229-0403
    Request Owner's contact information
    2101 Erwin Rd Jacksboro, TX 76458
    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.
    2101 Erwin Rd
    Jacksboro, TX 76458
    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
    2101 Erwin Rd Jacksboro, TX 76458
    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
    Magan Anderson
    Magan Anderson
    Real Estate License ID: 0662649
    (940) 229-0403
    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.