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    Fenced Equestrian Farm Land Title is generated by Realmo AI

    369 Sayles Avenue, Tuscola, TX 79562

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    Claim this Listing
    For Sale
    $155,000

    LAND - Tuscola, TX

    Lot size:
    10.00 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    37
    Last Refresh:
    Jun 4 at 7:06 am

    Property Features for 369 Sayles Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    63381
    Lot size
    10.00 Acres

    Utilities

    Water source
    Well

    Building Details

    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Tonya Harbin
    Tonya Harbin

    Listing agent Tonya Harbin License #0565908

    Listing office Real Broker, LLC. Dallas, TX

    Listing date Apr 29, 2026

    MLS# 21250337 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

    • 10‑acre property with open space for country living
    • Barn with livestock stalls included for horses, cattle, or hobby farming
    • Land is fenced and includes a gate for added convenience and security
    • Well water available on the property
    • Trees along the property provide natural privacy

    Overview

    This 10-acre property in Tuscola, TX offers open space with practical on-site improvements. A barn with livestock stalls is in place, making the land functional for horses, cattle, or other hobby-farm uses from day one. The property is fenced and includes a gate for added convenience and security. Trees along the grounds provide natural privacy while maintaining wide-open views across the acreage, and well water supports everyday needs for farm use.

    Set off 369 Sayles Avenue, the site is configured for owners who want room to roam along with the ability to build or expand as their plans develop. The fencing, gate, and stall-ready barn help create a usable setup for animals, while the tree lines balance seclusion with visibility into the pasture areas.

    The combination of fenced acreage, livestock facilities, and well water makes this an attractive fit for equestrian operators, small-scale cattle setups, or anyone seeking a country home base with an immediately usable farm component. It’s also well suited for buyers looking to grow into future improvements on a property designed to support animals and ongoing land use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscola
    County
    Taylor
    State
    Texas
    Longitude
    -99.804984
    Latitude
    32.207298

    Nearby Similar for Sale

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      View Details
    • $750,000
      2,216 SF

      Turnkey Equestrian Ranch with Arena

      12.5-acre ranch designed for the serious horseman.
      241 County Road 336, Tuscola, TX 79562
      View Details
    • $595,000
      2,400 SF

      Tuscola Commercial Property for Sale

      Commercial property in Tuscola, TX, ideal for various uses.
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    FAQs

    What type of property is this?
    Horse & equestrian property - A fenced 10-acre farm with a livestock barn and well water, suited for horses, cattle, or hobby farming.
    Where is this horse & equestrian property located?
    The property is located at 369 Sayles Avenue Tuscola, TX.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: 10‑acre property with open space for country living; Barn with livestock stalls included for horses, cattle, or hobby farming; Land is fenced and includes a gate for added convenience and security
    (214) 202-7615
    We can help!
    Listing Contact
    Tonya Harbin
    Tonya Harbin
    Real Estate License ID: 0565908
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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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