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    Custom Ranch with Insulated Barn Title is generated by Realmo AI

    213 Audra Circle, Rhome, TX 76078

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    Claim this Listing
    For Sale
    $999,900

    Southwestern, Farm/Ranch - Rhome, TX

    Type:Farm
    Property size:
    3,497 SF
    Lot size:
    5.01 Acres
    Price / SF:
    $285/SF
    Added:
    Apr 21, 2026
    Days on Market:
    34
    Last Refresh:
    May 24 at 8:06 pm

    Property Features for 213 Audra Circle

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Garage
    Patio and Porch features
    Patio, Porch
    Interior features
    Cable Tv Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Walk-in Closet(s), Wet Bar
    Exterior features
    Barbecue, Covered Patio/Porch, Garden(s), Rain Gutters, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Standard status
    Active
    APN
    R0891030500
    Size
    3,497 SF
    Lot size
    5.01 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2005
    Floors in Building
    1.5
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Stone, Stone Veneer
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Jake Ascher

    Listing agent Jake Ascher License #0687868

    Listing office Team Freedom Real Estate 240 S Main Street, Fort Worth, TX

    Listing date Apr 21, 2026

    MLS# 21208368 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

    • Sprawling 1.5‑acre property with NO HOA, ideal for horses and freedom.
    • 50x75 insulated barn with 12‑foot pull‑through doors, 220 power, and a 750 sq ft guest suite.
    • Gunite Pulliam pool with pebble finish and newly built steel and cedar pavilion featuring a full outdoor kitchen.
    • Custom Austin stone ranch with standing‑seam metal roof, meticulously maintained with over $150k in upgrades.
    • Secure property with steel electric‑powered gate entry and extra‑wide, freshly paved driveway.
    • Upgraded kitchen features granite counters, stainless steel appliances, and knotty alder cabinetry.

    Overview

    This custom Austin stone ranch is located on 5 acres and features a standing-seam metal roof and covered patios. The home offers over 3,500 square feet with tray ceilings, decorative lighting, new paint, master bedroom tile, built-ins, and a spacious master suite with a jetted tub. The kitchen features granite counters, stainless steel appliances, and knotty alder cabinetry with a breakfast nook. An oversized media room includes a wet bar for entertaining. Spacious split bedrooms and a fourth bedroom is currently used as an office. The two-car garage attached to the main house has a 220 EV outlet and is extra deep to accommodate a full-size truck with room to spare. Outdoors, there is a large covered patio, gunite Pulliam pool with pebble finish, and a newly built steel and cedar pavilion with a full outdoor kitchen, lights, and 2 gas grills plumbed to a 250-gallon propane tank. The 50x75 insulated barn has 12-foot pull-through doors, awning, BBQ area, new wiring, 220 power, and a 750 sq ft guest suite complete with full bath, kitchen, and living room. The property features a massive steel electric powered gate entry and an extra-wide, freshly paved driveway. Landscaping includes flower beds, peach, pecan, apple, pear, and pomegranate trees, plus over 90 new juniper trees for complete privacy. Located in Rhome, TX, this property offers freedom of NO HOA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Storage Facility Garden Center Car Rental Facility Bakery Wine and Liquor Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Rhome
    County
    Wise
    State
    Texas
    Longitude
    -97.41837
    Latitude
    33.106724

    Nearby Similar for Sale

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    • $275,000

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    • Contact for pricing

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    FAQs

    What type of property is this?
    Horse & equestrian property - Custom ranch on 5 acres with barn and guest suite.
    Where is this horse & equestrian property located?
    The property is located at 213 Audra Circle Rhome, TX.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: Sprawling 1.5‑acre property with NO HOA, ideal for horses and freedom.; 50x75 insulated barn with 12‑foot pull‑through doors, 220 power, and a 750 sq ft guest suite.; Gunite Pulliam pool with pebble finish and newly built steel and cedar pavilion featuring a full outdoor kitchen.
    (817) 778-0960
    We can help!
    Listing Contact
    Jake Ascher
    Real Estate License ID: 0687868
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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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