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

    5 Hcr 3360, Unit TBD Hubbard, TX 76648

    Sponsored
    For Sale
    $170,000

    Unimproved Land - Hubbard, TX

    Type:Unimproved Land
    Lot size:
    3.07 Acres
    Days on Market:
    39
    Last Refresh:
    Mar 2 at 7:06 am

    Property Features for 5 Hcr 3360

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    138082
    Lot size
    3.07 Acres

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Craig Muirhead

    Muirhead Ranch & Realty (214) 808-3418

    Listing agent Craig Muirhead (214) 808-3418 License #0743081

    Listing date Jan 23, 2026

    MLS# 21060742 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.

    Learn more

    Property Insight Report

    Overview

    Waterfront Land in Hubbard, Texas

    The Ranches at Hubbard Lakes offer exclusive waterfront living in Hubbard, Texas. The available estate lots are situated on a trophy fishing lake, combining natural beauty with modern convenience. The properties range in size from 2 acres to 4.59 acres and are loaded with mature trees. All homes must be a minimum of 2,000 sq. ft. Each lot is positioned to maximize views of the lake, with partial clearing already completed. Black Bass exceeding 12 lbs have been caught in this lake. Deer are frequently seen along the water's edge and in the woods, and many species of birds and waterfowl visit and live in the area. Residents can enjoy waterfront sunsets and clear night skies, as well as fishing and relaxing by the water. The location provides accessibility, situated halfway between the I-35 and I-45 corridors, on the Hwy 171 and 31 cross roads, with convenient access to Dallas, Fort Worth, Waco, Austin, and Houston. This location is suitable for a weekend retreat or a permanent residence, close to urban amenities while surrounded by the tranquility of the countryside. One available lot is 3.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Hubbard
    County
    Hill
    State
    Texas
    Longitude
    -96.823775
    Latitude
    31.82528

    Nearby Similar for Sale

    • $330,000
      2,308 SF

      Equestrian-Friendly Country Oasis with Barn

      5+ acre property with home, barn, and gardens near Hubbard, TX.
      471 Hcr 3335, Hubbard, TX 76648
      View Details
    • $849,000
      1,676 SF

      Central Texas Turnkey Homestead

      69-acre property with home, ponds, creek, and agricultural potential.
      7526 Fm 2114, Hubbard, TX 76648
      View Details
    • $850,000
      50.00 Acres

      50 Acres in Hubbard, Texas

      50-acre ranch property with improvements, water, and development potential.
      637 Hcr 3320, Hubbard, TX 76648
      View Details
    • $315,000
      31.00 Acres

      Improved Hay Field with Pond

      31-acre hay field with road frontage, pond, and fencing.
      N/A Fm 2114, Hubbard, TX 76648
      View Details
    • $600,000
      2 SF

      Auto Shop and Retail Space

      Established auto shop with additional retail/office space for sale.
      604 NE 4Th St, Hubbard, TX 76648
      View Details
    • Contact for pricing

      Downtown Hubbard Retail Building

      Retail building in downtown Hubbard with kitchen and meeting room.
      203 N Magnolia Ave, Hubbard, TX 76648
      View Details
    • Contact for pricing

      Remodel-Ready Church on Half-Acre

      Church building on large lot, ready for remodeling.
      908 NE 4Th St, Hubbard, TX 76648
      View Details
    • Contact for pricing

      Hubbard Farm Land For Sale

      Farm land available for purchase on FM 2114 Rd.
      Fm 2114, Hubbard, TX 76648
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Pristine estate lots on a trophy fishing lake.
    Where is this residential land & home lot located?
    The property is located at 5 Hcr 3360, Unit TBD Hubbard, TX.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Exclusive waterfront estate lots on a trophy fishing lake.; - Lot sizes range from 2 to 4.59 acres, providing ample space for a custom home and outdoor living.; - Convenient access to major Texas cities via Hwy 171 and 31, located halfway between the I-35 and I-45 corridors.
    (214) 808-3418
    Request Owner's contact information
    5 Hcr 3360, Unit TBD Hubbard, TX 76648
    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.
    5 Hcr 3360, Unit TBD
    Hubbard, TX 76648
    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
    5 Hcr 3360, Unit TBD Hubbard, TX 76648
    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

    We can help!
    Listing Contact
    Craig Muirhead
    Real Estate License ID: 0743081
    (214) 808-3418
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!