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    376 Dickson Lane Gordon, TX 76453

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    Claim this Listing
    New
    For Sale
    $850,000

    Farm/Ranch - Gordon, TX

    Type:Farm
    Property size:
    2,888 SF
    Lot size:
    63.00 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 14 at 11:06 pm

    Property Features for 376 Dickson Lane

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Garage
    Interior features
    Built-in Features
    Exterior features
    Rv/Boat Parking, Other, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Washer
    Standard status
    Active
    APN
    01955
    Size
    2,888 SF
    Lot size
    63.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Floors in Building
    1
    Flooring type
    Carpet, Laminate
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    RV/Boat Storage

    We can help!

    Listing Contact
    Joe Eades

    Listing agent Joe Eades License #0705665

    Listing office Ready Real Estate LLC 8080 N. Central Expy, Ste.1700, Fort Worth, TX

    Listing date Apr 13, 2026

    MLS# 21235594 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

    Ranch Property with Two Homes

    Located approximately 30 minutes west of Weatherford, this 63-plus-acre property offers a rural setting with a pond, creek, and abundant wildlife. Situated on a dead-end road, the property minimizes traffic. It is suitable as a ranch or hunting property. The site includes two residences: a modular home with a garage featuring a cement slab floor, and a double-wide mobile home, both maintained and move-in ready. Additional structures include a covered RV site with electricity, a shop, and a barn. The property is fenced and cross-fenced for calf pens and is bordered by rolling hills to the back and large ranch properties on the sides. The property has 2888 square feet of living space. The area offers local restaurants ranging from country cafe style to a sit-down steak house, along with food trucks. Gordon provides amenities such as a hardware store, shopping at the mercantile, and a hairdresser and barber.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Auto Repair Shop Wine and Liquor Store Bed & Breakfast Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Gordon
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.35348
    Latitude
    32.52417

    Nearby Similar for Sale

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    • $540,000

      Gordon, TX Ranch with Views

      34.32-acre ranch property with abundant wildlife and scenic views.
      0006/0007 Clayton Mountain Road, Gordon, TX 76453
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    • $999,999

      160 Acres of Texas Ranchland

      Secluded pasture land with ponds, cultivated land, and native grasses.
      2266 Old School Road, Gordon, TX 76453
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    • $4,995,000
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      Texas Ranch with Equine Facilities

      397-acre ranch featuring equine facilities, cattle operation, and hunting opportunities.
      2525 Dodson Prairie Road, Gordon, TX 76453
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    FAQs

    What type of property is this?
    Ranch - 63-acre ranch featuring two homes, pond, creek, and outbuildings.
    Where is this ranch located?
    The property is located at 376 Dickson Lane Gordon, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 63+ acres with pond, creek, abundant wildlife, ideal for ranching or hunting.; Two well‑maintained, move‑in‑ready homes: a modular home with garage and a double‑wide mobile home.; Fenced and cross‑fenced property with calf pens, bordered by rolling hills and large ranches.
    (817) 569-8200
    We can help!
    Listing Contact
    Joe Eades
    Real Estate License ID: 0705665
    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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