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

    Tbd Tract 3 County Road 1475 Alvord, TX 76225

    View on Map
    Claim this Listing
    For Sale
    $250,250

    Unimproved Land - Alvord, TX

    Type:Unimproved Land
    Lot size:
    10.01 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 19 at 1:06 am

    Property Features for Tbd Tract 3 County Road 1475

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    734109
    Lot size
    10.01 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ronald Byrd

    Listing agent Ronald Byrd License #0636540

    Listing office Mission To Close 2300-270306 Olympia Drive, Corinth, TX

    Listing date Apr 2, 2026

    MLS# 21226284 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

    Texas Land for Dream Homestead

    This 10.01-acre tract of land in Alvord, TX, offers an opportunity for space, privacy, and country living. Located within Chico ISD, this property is one of four 10-acre tracts. The land features an open field suitable for building a home, shop, barn, or small ranch. Minimal restrictions are in place to protect property values, with no manufactured homes allowed. This tract offers the flexibility to create a custom home, start a small hobby farm, or raise animals. The property is located a short drive from Alvord, Chico, Bridgeport, and Decatur, providing access to everyday amenities while maintaining a quiet country setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvord
    County
    Wise
    State
    Texas
    Longitude
    -97.75513
    Latitude
    33.327036

    Nearby Similar for Sale

    • $899,000

      Alvord Industrial Property on Highway

      4.17 AC industrial property with warehouse and yard.
      707 S Wickham Street, Alvord, TX 76225
      View Details
    • $300,000

      Scenic 10-Acre Homesite in Alvord

      Beautiful 10-acre tract with hilltop views and abundant wildlife.
      00 CR 1593, Alvord, TX 76225
      View Details
    • $2,750,000
      1,683 SF

      Texas Ranch Bordering National Grasslands

      126-acre ranch near Dallas Fort Worth with mineral rights.
      2548 County Road 2690, Alvord, TX 76225
      View Details
    • $120,000

      Highway Frontage Land in Alvord

      2.99 acres with highway frontage on US HWY 287.
      0000 FRANKLIN Street, Alvord, TX 76225
      View Details
    • $427,500

      Alvord, Texas Unimproved Land

      15-acre tract with hilltop views and abundant wildlife.
      0 CR 1593, Alvord, TX 76225
      View Details
    • $165,500

      Buildable Land in North Texas

      5.01 acre lot near Highway 287 in Alvord, TX.
      160 Rolling Hills Boulevard, Alvord, TX 76225
      View Details
    • $384,600

      Highway Frontage Land in Alvord

      12.82 acres with highway frontage in Alvord, Texas.
      Tbd Highway 81, Alvord, TX 76225
      View Details
    • $315,000

      Versatile 18-Acre Tract in Wise

      18 acres in Wise County with open pasture and tanks.
      408 Cr-1475, Alvord, TX 76225
      View Details
    • $999,000

      Office with Shop Building

      Office setup with shop building and ample parking available for sale.
      5716 N 287, Alvord, TX 76225
      View Details
    • $250,250

      10 Acres of Texas Land

      10-acre tract in Alvord, TX, perfect for homestead.
      Tbd Tract 1 County Road 1475, Alvord, TX 76225
      View Details
    • $599,000

      Undeveloped Land with Road Frontage

      19.99 acres of unimproved land, suitable for investment.
      858 County Road 2395, Alvord, TX 76225
      View Details
    • $250,250

      Texas Land Ideal Homestead

      10-acre tract in Alvord, TX, perfect for building a homestead.
      Tbd Tract 4 County Road 1475, Alvord, TX 76225
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10-acre tract in Alvord, TX for custom home.
    Where is this agricultural land / farmland located?
    The property is located at Tbd Tract 3 County Road 1475 Alvord, TX.
    What is the asking price?
    The asking price for this property is $250,250.
    What are key features of this property?
    This property features: 10‑acre tract offering space, privacy, and peaceful country living.; Located in Chico ISD.; Flexibility to build a custom home, shop, barn, or small ranch setup.
    (817) 380-3685
    We can help!
    Listing Contact
    Ronald Byrd
    Real Estate License ID: 0636540
    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!