Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Valley View Acreage with Mobile Home Title is generated by Realmo AI

    504 Cheaney Road, Valley View, TX 76272

    View on Map
    Claim this Listing
    New
    For Sale
    $130,000

    Farm/Ranch, Other - Valley View, TX

    Type:Farm
    Property size:
    1,216 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $106/SF
    Added:
    May 19, 2026
    Days on Market:
    5
    Last Refresh:
    May 23 at 7:06 am

    Property Features for 504 Cheaney Road

    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
    Open
    Interior features
    Cable Tv Available, Central Vacuum, High Speed Internet Available, Walk-in Closet(s)
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Washer
    Standard status
    Active
    APN
    87392
    Size
    1,216 SF
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating), Heat Pump (Heating), Natural Gas, Propane (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Heat Pump

    Building Details

    Year built
    2023
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Stephanie Martin

    Listing agent Stephanie Martin License #0716229

    Listing office Great Western Realty 6275 W Plano Parkway Suite 500, Plano, TX

    Listing date May 19, 2026

    MLS# 21272544 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

    • One‑acre tract outside city limits in Cooke County.
    • Mobile home and land included in one package.
    • Offered below appraisal, creating immediate equity potential.
    • Convenient access to I‑35, Gainesville, and Lake Ray Roberts.
    • New construction built in 2023!
    • Features include central air, electric heat pump, and metal roof.

    Overview

    Located in the countryside of Valley View, the property at 504 Cheaney Road includes a one-acre tract with a mobile home. Situated outside of the city limits in Cooke County, the rural property offers privacy and space while providing access to I-35, Gainesville, and Lake Ray Roberts. The property size is 1216 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Discount Store Grocery & Convenience Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Valley View
    County
    Cooke
    State
    Texas
    Longitude
    -97.0529
    Latitude
    33.487446

    Nearby Similar for Sale

    • $449,000

      Secluded Cabins on Three Acres

      Unique income-producing property with cabin and architectural vessel on 3 acres.
      374 Hideaway Lane, Valley View, TX 76272
      View Details
    • $2,175,000
      2,815 SF

      Valley View Equestrian Estate

      Exceptional 15-acre equestrian property in Cooke County.
      289 Blackjack Road, Valley View, TX 76272
      View Details
    • $1,680,000
      3,049 SF

      57-Acre Farm/Ranch with Workshop

      57-acre farm/ranch featuring a home, workshop, and barns.
      590 County Road 385, Valley View, TX 76272
      View Details
    • $1,599,000
      3,280 SF

      Valley View Ranch with Equestrian Facilities

      Luxury ranch on 14 acres, equestrian facilities, near DFW.
      510 County Road 247, Valley View, TX 76272
      View Details
    • $1,999,250
      2,256 SF

      Lakefront Barndominium with Horse Barn

      29.75-acre lakefront property with barndominium and horse barn.
      1639 Bloomfield Road, Valley View, TX 76272
      View Details
    • $259,000
      900 SF

      Cleared Land with New Barn

      2.5 acres with new barn near Lake Ray Roberts.
      495 Blackjack Road, Valley View, TX 76272
      View Details
    • $4,000,000

      Equestrian Ranch with Multiple Residences

      Horseman's ranch with main residence and multiple apartments.
      3561 NEELY Trail, Valley View, TX 76272
      View Details
    • $5,499,500
      3,558 SF

      Expansive Ranch Property Near Lake

      158-acre property with custom home and outbuilding near Lake Ray.
      453 Tower Road, Valley View, TX 76272
      View Details
    • $799,000
      2,083 SF

      Valley View Barndominium on Acreage

      Two-story barndominium with workshop on 11.89 acres under AG Exemption.
      169 Chisam Road, Valley View, TX 76272
      View Details
    • $399,000
      3,900 SF

      Historic Valley View Retail Opportunity

      Retail property in Valley View's revitalizing downtown square.
      108 N McCubbin St, Valley View, TX 76272
      View Details
    • $1,424,063
      10,500 SF

      Family Dollar - Dollar Tree Combo Store

      New 10-year net lease Family Dollar/Dollar Tree in Texas.
      405 N. Frontage Road, Valley View, TX 76272
      View Details
    • $1,424,063
      10,500 SF

      Family Dollar - Dollar Tree Combo Store

      New 10-year net lease Family Dollar/Dollar Tree in Texas.
      405 N. Frontage Road, Valley View, TX 76272
      View Details

    FAQs

    What type of property is this?
    Farm - One-acre property with mobile home in Cooke County, Texas.
    Where is this farm located?
    The property is located at 504 Cheaney Road Valley View, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: One‑acre tract outside city limits in Cooke County.; Mobile home and land included in one package.; Offered below appraisal, creating immediate equity potential.
    (817) 689-2888
    We can help!
    Listing Contact
    Stephanie Martin
    Real Estate License ID: 0716229
    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
    504 Cheaney Road, Valley View, TX 76272
    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!