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

    26ac Rascoe Road Quinlan, TX 75474

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Unimproved Land - Quinlan, TX

    Type:Unimproved Land
    Lot size:
    0.26 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 21 at 4:06 pm

    Property Features for 26ac Rascoe Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    43569
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cody Banks Banks

    Listing agent Cody Banks Banks License #0739801

    Listing office CENTURY 21 Patterson Agency 4529 Stonewall St., Greenville, TX

    Listing date Apr 16, 2026

    MLS# 21239839 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.

    Overview

    Land for Residential Development

    This 0.26-acre tract is located within the Quinlan Independent School District. The property is characterized by an abundance of mature, towering trees, offering natural shade and privacy. Situated minutes from Quinlan, the location provides access to local shopping, dining, and amenities while maintaining a country living environment. Its proximity to Lake Tawakoni allows for fishing, boating, and recreational activities. The property, featuring untouched landscaping, is suitable for building a home or for investment purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Quinlan
    County
    Hunt
    State
    Texas
    Longitude
    -96.0689412
    Latitude
    32.8852193

    Nearby Similar for Sale

    • $1,400,000
      5,500 SF

      Quinlan Office/Retail Development Opportunity

      Prime commercial lot with existing building and highway frontage.
      8866 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $499,000
      3,000 SF

      Quinlan Office Building For Sale

      High-visibility Quinlan office building in a high-traffic commercial area.
      8883 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $850,000

      Cash-Flowing RV Park Near Lake

      Established RV park with multiple income streams and retail potential.
      9910 County Road 3622, Quinlan, TX 75474
      View Details
    • $850,000

      Waterfront Land with RV Park

      Income-producing RV park near Lake Tawakoni with retail potential.
      9918 County Road 3622, Quinlan, TX 75474
      View Details
    • $400,000

      Prime Land Near Lake Tawakoni

      0.79+- acre commercial land with high visibility and easy access.
      000 Fm-751, Quinlan, TX 75474
      View Details
    • $465,000

      Land on State Highway 276

      4+ acres fronting State Highway 276 in Quinlan, TX.
      766 E Quinlan Parkway, Quinlan, TX 75474
      View Details
    • $379,000

      Mixed-Use Property with Income Potential

      Versatile commercial property featuring multifamily units, storage, and shops.
      11103 FM 751, Quinlan, TX 75474
      View Details
    • $850,000

      Unimproved Land Near Quinlan, TX

      9.83 acres of land suitable for residential or commercial development.
      8603 STATE HIGHWAY 34, Quinlan, TX 75474
      View Details
    • $1,700,000
      4,800 SF

      Lake Tawakoni Ranch with Modern Farmhouse

      75.8 acre ranch near Lake Tawakoni with multiple dwellings.
      1100 E Rabbit Cove Road, Quinlan, TX 75474
      View Details
    • $300,000

      Land with Pond in Quinlan

      Spacious lot with pond, utilities available, no HOA.
      1 And 2 County Road 3517, Quinlan, TX 75474
      View Details
    • $900,000
      2,550 SF

      43-Acre Estate with Private Lake

      Estate featuring a custom home, private lake, and workshop.
      10610 County Road 3605, Quinlan, TX 75474
      View Details
    • $549,000
      576 SF

      Quinlan Farm/Ranch Opportunity

      5.15 acre farm/ranch property in Quinlan, Texas.
      1327 County Road 3702, Quinlan, TX 75474
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.26-acre tract in Quinlan ISD, ideal for building.
    Where is this residential land & home lot located?
    The property is located at 26ac Rascoe Road Quinlan, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Located in desirable Quinlan ISD.; **0.26‑acre tract ideal for building a home or retreat.**; **Abundance of mature, towering trees providing shade and privacy.**
    (903) 455-9414
    We can help!
    Listing Contact
    Cody Banks Banks
    Real Estate License ID: 0739801
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!