Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Texas Ranch with Fenced Acres Title is generated by Realmo AI

    421 Erwin Road, Jacksboro, TX 76458

    View on Map
    Claim this Listing
    For Sale
    $800,000

    Ranch - Jacksboro, TX

    Type:Ranch
    Property size:
    1,200 SF
    Lot size:
    31.84 Acres
    Price / SF:
    $666/SF
    Added:
    Apr 7, 2026
    Days on Market:
    55
    Last Refresh:
    May 31 at 7:06 pm

    Property Features for 421 Erwin Road

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    206110003400300000000
    Size
    1,200 SF
    Lot size
    31.84 Acres

    Utilities

    Water front features
    Creek

    Building Details

    Year built
    1970
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Steven Nieves
    Steven Nieves

    Listing agent Steven Nieves License #0564807

    Listing office Real Estate Market Experts 1414 W. Wheatland Road, Duncanville, TX

    Listing date Apr 7, 2026

    MLS# 21231103 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

    • 31.84 fully fenced acres with two ponds, winding creeks, scenic boulders, and established trails.
    • Includes a 1,200 sq ft home with a brand‑new roof.
    • Features two detached shops ideal for equipment, hobbies, or storage.
    • Includes 12 cows to start your ranching lifestyle.
    • Located on a versatile piece of Texas land with endless potential.
    • Architectural style is Ranch.

    Overview

    This 31.84-acre ranch property, fully fenced, features a mix of natural beauty and functionality. The land includes two ponds, winding creeks, scenic boulders, and established trails. A 1,200 sq ft home is located on the property, featuring a brand-new roof. There are also two detached shops suitable for equipment, hobbies, or storage. The property includes 12 cows.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Jacksboro
    County
    Jack
    State
    Texas
    Longitude
    -98.068884
    Latitude
    33.104564

    Nearby Similar for Sale

    • $319,950

      Prime Commercial Property in Jacksboro, TX

      Centrally located commercial property near Jacksboro's historic town square.
      212 N Church Street, Jacksboro, TX 76458
      View Details
    • $939,000
      17,000 SF

      Downtown Jacksboro Square Prime Location

      Four units with leasable space in downtown Jacksboro, Texas.
      128 N North Church Street, Jacksboro, TX 76458
      View Details
    • $1,225,000
      3,774 SF

      Texas Haven on Rolling Acres

      Spacious 4-bedroom home on 18 acres in Jacksboro, TX.
      735 Gresham Lane, Jacksboro, TX 76458
      View Details
    • $1,295,000
      2,584 SF

      Turnkey Ranch with STOL Runways

      70.7-acre ranch with home, shop, ponds, and runways.
      10650 FM 1156, Jacksboro, TX 76458
      View Details
    • $1,150,000
      2,700 SF

      Texas Ranch with Extensive Improvements

      Well-maintained 63-acre ranch featuring multiple residences and outbuildings.
      7203 Pump Station Road, Jacksboro, TX 76458
      View Details
    • $229,000

      Jacksboro Office Building For Sale

      5,000 SF office building with income potential in Jacksboro.
      124 N Church Street, Jacksboro, TX 76458
      View Details
    • $3,490,000
      3,652 SF

      Texas Ranch Retreat with Views

      Custom-built ranch on 287 acres with Spanish Mediterranean design.
      2688 FM 2190, Jacksboro, TX 76458
      View Details
    • $199,000

      Jacksboro Warehouse on Courthouse Square

      4,600 SF warehouse building in Jack County, Texas.
      126 N Church Street, Jacksboro, TX 76458
      View Details
    • $329,000

      Versatile Commercial Property on Main

      Highly visible commercial property with great access and abundant parking.
      1465 N Main Street, Jacksboro, TX 76458
      View Details
    • $229,000

      Warehouse Building Near Courthouse

      5,000 SF warehouse building near Jack County courthouse.
      128 N Church Street, Jacksboro, TX 76458
      View Details
    • $800,000
      1,200 SF

      Texas Ranch with Fenced Acres

      31.84-acre ranch featuring a home, ponds, and trails.
      421 Erwin, Jacksboro, TX 76458
      View Details
    • $179,900

      Historic Downtown Office/Retail Space

      Prime location in historic downtown Jacksboro, Texas.
      115 E Archer Street, Jacksboro, TX 76458
      View Details

    FAQs

    What type of property is this?
    Ranch - 31.84-acre ranch featuring ponds, creeks, trails, and a home.
    Where is this ranch located?
    The property is located at 421 Erwin Road Jacksboro, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 31.84 fully fenced acres with two ponds, winding creeks, scenic boulders, and established trails.; Includes a 1,200 sq ft home with a brand‑new roof.; Features two detached shops ideal for equipment, hobbies, or storage.
    (469) 360-3088
    We can help!
    Listing Contact
    Steven Nieves
    Steven Nieves
    Real Estate License ID: 0564807
    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

    Thank You for Inquiry
    421 Erwin Road, Jacksboro, TX 76458
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!