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 Lot 3 CR 207 Ovalo, TX 79541

    View on Map
    For Sale
    $144,000

    Unimproved Land - Ovalo, TX

    Type:Unimproved Land
    Lot size:
    16.00 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    146
    Last Refresh:
    Apr 1 at 7:06 pm

    Property Features for Tbd Lot 3 CR 207

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    103477
    Lot size
    16.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tonya Harbin
    Tonya Harbin

    Listing agent Tonya Harbin License #0565908

    Listing office Real Broker, LLC. 2626 Cole Ave, Dallas, TX

    Listing date Nov 6, 2025

    MLS# 21103203 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

    16 Acres in Graham Valley Estates

    This 16-acre tract is located in the new Graham Valley Estates, offering country living with convenient access to the highway and just 15 minutes from Abilene. The property provides ample space to build a custom home. A water meter is already in place, and electric and fiber lines can be easily connected. Septic installation will be required. The location offers peaceful surroundings and open views.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ovalo
    County
    Taylor
    State
    Texas
    Longitude
    -99.8237
    Latitude
    32.1302

    Nearby Similar for Sale

    • $920,100

      Wooded Ranchland Near Abilene

      118-acre ranch with home, tanks, and abundant wildlife.
      258 County Road 206, Ovalo, TX 79541
      View Details
    • $1,080,000

      Highway Frontage Commercial Land Tract

      120.83 acre commercial tract with highway frontage in Ovalo.
      302 County Road 620, Ovalo, TX 79541
      View Details
    • $1,550,000
      2,467 SF

      Turnkey Ranch with Exquisite Home

      Picturesque ranch featuring a stunning home and recreational potential.
      502 County Road 194, Ovalo, TX 79541
      View Details
    • $3,900,000

      Turn-Key Ranch with Scenic Views

      403-acre ranch in Taylor County, ideal for equestrian or cattle.
      1034 County Road 207, Ovalo, TX 79541
      View Details
    • $530,000

      57 Acres with Cabin and Barn

      57-acre property with cabin, barn, and pond near Tuscola, TX.
      5725 FM 604, Ovalo, TX 79541
      View Details
    • $129,999

      Ovalo, TX Unimproved Hunting Land

      15.83 acres of prime hunting and recreational land.
      Tbd 9 County Road 174, Ovalo, TX 79541
      View Details
    • $108,000

      Taylor County Ranch Land For Sale

      11 acre ranch in Ovalo, TX, great hunting and recreation.
      8623 HWY 83, Ovalo, TX 79567
      View Details
    • $550,000

      52 Acre West Texas Retreat

      52 acres with cabin, barn, and large tank.
      5725 TBD FM 604, Ovalo, TX 79541
      View Details
    • $845,000

      84.5 Acres in Ovalo, Texas

      Exceptional 84.5-acre property in Ovalo, TX, near Abilene.
      Tbd CR 614, Ovalo, TX 79541
      View Details
    • $845,000

      84.5 Acres of Versatile Land

      Unimproved land with diverse potential near Abilene, Texas.
      T.b.d. Fm 614, Ovalo, TX 79541
      View Details
    • $544,000

      80 Acres of Unimproved Land

      80 acre tract ideal for homesite, agriculture, or recreation.
      Tbd 80 +/- Acres County Road 194, Ovalo, TX 79541
      View Details
    • $109,375

      Land in Jim Ned School

      8.75 acre property near Abilene, Jim Ned School District.
      Tbd FM 614, Ovalo, TX 79541
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved 16-acre tract near Abilene, build your dream home.
    Where is this land located?
    The property is located at Tbd Lot 3 CR 207 Ovalo, TX.
    What is the asking price?
    The asking price for this property is $144,000.
    What are key features of this property?
    This property features: 16‑acre tract offers ample space for building.; Build‑to‑suit property allows for complete customization.; Conveniently located just outside city limits with easy highway access.
    (855) 450-0442
    We can help!
    Listing Contact
    Tonya Harbin
    Tonya Harbin
    Real Estate License ID: 0565908
    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!