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    5 Crk 1400 Ravenna, TX 75476

    For Sale
    $60,000

    Unimproved Land - Ravenna, TX

    Type:Unimproved Land
    Lot size:
    1.23 Acres
    Days on Market:
    316
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 5 Crk 1400

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    87002
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    1.23 Acres

    Building Details

    Architectural style
    Other

    Century 21 Pattesron (903) 455-7490 [email protected]

    Listing agent Thomas Banks (903) 455-9414 License #0555016

    Listing date Jan 30, 2025

    MLS# 20363126 Listing URL

    Copyright © 2025 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

    Ravenna, TX Unimproved Land

    This 1.23-acre property offers country living in a quiet community. It is suitable for building a home under the Texas skies. The location provides convenient access to the Red River, Bonham, and the Dallas Metroplex, offering diverse opportunities for work and recreation. Water and electricity are readily available. The oversized lot allows ample space for a home and outdoor entertaining. Located a short drive North of Frisco & McKinney.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ravenna
    County
    Fannin
    State
    Texas
    Longitude
    -96.23171577
    Latitude
    33.655646

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    FAQs

    What type of property is this?
    Land - 1.23 acres in a quiet community, perfect for building.
    Where is this land located?
    The property is located at 5 Crk 1400 Ravenna, TX.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - 1.23 acre lot ideal for building a custom home.; - Water and electricity readily available on the property.; - Convenient commute to the Red River, Bonham, and the Dallas Metroplex.
    (903) 455-9414
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    Realmo Value Estimation

    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.

    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.

    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
    5 Crk 1400 Ravenna, TX 75476
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