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    350 Summerfield Court E Springtown, TX 76082

    View on Map
    For Sale
    $300,000

    Farm/Ranch, Other - Springtown, TX

    Type:Farm
    Property size:
    451 SF
    Lot size:
    3.71 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    34
    Last Refresh:
    Mar 31 at 3:06 pm

    Property Features for 350 Summerfield Court E

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1
    Parking features
    Driveway
    Interior features
    Built-in Features, Cable Tv Available, Granite Counters, Natural Woodwork, Paneling
    Exterior features
    Rv Hookup, Storage, Fence
    Fencing
    Fenced
    Appliances
    Dryer, Microwave, Range, Water - Filter, Water - Softener
    Standard status
    Active
    APN
    R27470
    Size
    451 SF
    Lot size
    3.71 Acres

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    2021
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Steel Siding
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Audie Renee

    Listing agent Audie Renee License #0797787

    Listing office Keller Williams Brazos West 2301 Senator Robert J Glasgow Loop Suite 102, Weatherford, TX

    Listing date Feb 25, 2026

    MLS# 21071657 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

    Springtown Acreage with Container Home

    Located in Springtown, this property spans 3.71 acres and includes a 471 sq ft container home featuring one bedroom and one bathroom, enhanced with wood finishes and a tankless water heater. The site also contains a 1,200 sq ft shop and a 12x24 sq ft shed, suitable for storage and various hobbies. The property is equipped with two 500-gallon septic systems, dual electric meters, and one water meter, providing full access to city utilities. RV hookups are available. Situated approximately 40 minutes from Fort Worth and less than an hour from DFW Airport, the location offers rural living with convenient access to urban amenities. Springtown features a vibrant downtown area, community events, and a 33-acre park. The property offers space, flexibility, and future potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Food Market Grocery & Convenience Store HVAC Service Furniture & Home Goods Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.65887
    Latitude
    32.972095

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    FAQs

    What type of property is this?
    Specialty property - 3.71 acres with container home, shop, and shed near Fort Worth.
    Where is this specialty property located?
    The property is located at 350 Summerfield Court E Springtown, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 3. 71‑acre property featuring a 471 sq ft container home, 1,200 sq ft shop, and 12x24 sq ft shed; Includes RV hookups, two 500‑gallon septic systems, and dual electric meters; Access to city utilities with one water meter
    (254) 335-0500
    We can help!
    Listing Contact
    Audie Renee
    Real Estate License ID: 0797787
    Learn More
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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.

    More about this property
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