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

    42 Acres County Road 2400 Pickton, TX 75471

    View on Map
    Claim this Listing
    For Sale
    $492,430

    Unimproved Land - Pickton, TX

    Type:Unimproved Land
    Lot size:
    42.82 Acres
    Added:
    Apr 9, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 17 at 12:06 am

    Property Features for 42 Acres County Road 2400

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    R000031186
    Lot size
    42.82 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tonya Bradford

    Listing agent Tonya Bradford License #0437682

    Listing office Janet Martin Realty 1325 S Broadway St., Sulphur Springs, TX

    Listing date Apr 9, 2026

    MLS# 21224022 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

    Pickton, TX Wooded Acreage

    This is a 42.82-acre, wooded, agricultural-exempt property featuring a pond, a new survey, and a water meter. The land, taken out of a larger parcel, offers a combination of agricultural productivity and residential potential. Located within the Como-Pickton School District, this property is suitable for development or building a custom home, with multiple building sites available. The sandy loam soil supports a flourishing hay meadow, ideal for livestock or continued agricultural use. County road frontage provides options for driveway or access. The property serves as a haven for local wildlife, balancing an open meadow with the charm of the Texas countryside. It can be used as a private residential estate, a working ranch, or a long-term investment.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Pickton
    County
    Hopkins
    State
    Texas
    Longitude
    -95.4538
    Latitude
    33.0267

    Nearby Similar for Sale

    • $950,000

      Spacious Facility on 20 Acres

      20,000+ sqft commercial facility on 20 acres in Pickton, TX.
      14733 Texas Highway 11 E, Pickton, TX 75471
      View Details
    • $399,900
      2,617 SF

      Chalet-Style Home on Wooded Acreage

      Charming brick chalet on 12.8 acres with AG-exemption.
      11591-1 Farm Road 269 S, Pickton, TX 75471
      View Details
    • $384,120

      Pickton Ranch with Acreage

      29.1 acres in Pickton, Texas, with barns and ponds.
      2846 County Road 2415, Pickton, TX 75471
      View Details
    • $299,000
      1,480 SF

      Pickton Ranch with AG-Exemption

      36.9-acre wooded ranch with cottage in Hopkins County, Texas.
      11591-2 Farm Road 269 S, Pickton, TX 75471
      View Details
    • $678,590

      87 Acres of Hunting Land

      87-acre part-wooded tract perfect for hunting and ranching.
      87 Acres FM 269, Pickton, TX 75471
      View Details
    • $130,000

      7.3 Acres Vacant Land

      7.3-acre vacant land with active agricultural exemption.
      4434 County road 2415, Pickton, TX 75471
      View Details
    • $121,000

      Pickton, TX Improved Land

      Two adjacent 5-acre properties ready for new home construction.
      Tbd Tract 24 County Rd 3644, Pickton, TX 75471
      View Details
    • $225,000

      Secluded 25-Acre Hunting and Ranch Land

      25 acres of secluded land perfect for hunting and livestock.
      800 County Road 2390, Pickton, TX 75471
      View Details
    • $399,900
      2,617 SF

      Chalet-Style Home on Wooded Acreage

      Charming home on 12.8 acres with additional rental property.
      11591-1 Farm Road 269 South, Pickton, TX 75471
      View Details
    • $475,000

      Farm and Ranch Property

      Farm and ranch property with ponds, mature trees, and improved pasture.
      29.987 Acres Texas Highway 11 E, Pickton, TX 75471
      View Details
    • $171,360

      Land for Sale in Pickton

      Land available in Hopkins County, near FM 269 and CR 2420.
      1191 County Road 2420, Pickton, TX 75471
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 42.82 acres with pond, new survey, and water meter.
    Where is this agricultural land / farmland located?
    The property is located at 42 Acres County Road 2400 Pickton, TX.
    What is the asking price?
    The asking price for this property is $492,430.
    What are key features of this property?
    This property features: 42.82 Ag‑Exempt acres with pond; Located in the sought‑after Como‑Pickton School District; Multiple building sites available
    (903) 885-1234
    We can help!
    Listing Contact
    Tonya Bradford
    Real Estate License ID: 0437682
    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!