Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Cisco College Title is generated by Realmo AI

    510 Franklin Avenue, Cisco, TX 76437

    View on Map
    Claim this Listing
    For Sale
    $49,900

    LAND - Cisco, TX

    Lot size:
    1.45 Acres
    Added:
    Feb 22, 2026
    Days on Market:
    101
    Last Refresh:
    Jun 3 at 8:06 pm

    Property Features for 510 Franklin Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0056113
    Lot size
    1.45 Acres

    Taxes and HOA fees

    Tax Description
    LOTS 7 & 8 BLK P COLLEGE HEIGHTS
    Tax Annual Amount
    1116

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Misty Bussell
    Misty Bussell

    Listing agent Misty Bussell License #0623186

    Listing office Keller Williams Brazos West Weatherford, TX

    Listing date Feb 22, 2026

    MLS# 21183265 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

    • 1.446 acre tract of land
    • Potential for redevelopment as a manufactured home or barndominium
    • 9 lots offering a country setting
    • Quick access to downtown Cisco
    • Large attached garage on a concrete slab
    • Located near Cisco College

    Overview

    This property features a plus or minus 1.446 acre tract of land located near Cisco College. The site includes a 1980 doublewide with 4 bedrooms and 2 bathrooms that requires restoration, situated on Lots 7 & 8. A large attached garage is present on a concrete slab. The 9 lots offer redevelopment potential, making them suitable for a new manufactured home or barndominium. The location provides a country setting with quick access to downtown Cisco. The property is sold AS-IS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cisco
    County
    Eastland
    State
    Texas
    Longitude
    -98.98928
    Latitude
    32.395488

    Nearby Similar for Sale

    • $299,000
      3,400 SF

      Historic Hospitality and Restaurant Building

      Charming historic interior with abundant natural light and bar seating, offering multiple income-driven hospitality and dining concepts.
      306 Conrad Hilton Boulevard, Cisco, TX 76437
      View Details
    • $84,900

      Vintage Gas Station with Multi-Use Space

      Unique property blending vintage charm with modern versatility in Cisco, TX.
      603 E 8th Street, Cisco, TX 76437
      View Details
    • $199,000

      Drive-Through Restaurant Building

      Well-traveled highway visibility, spacious parking, and a ready-to-operate interior with drive-through convenience.
      115 E 8th Street, Cisco, TX 76437
      View Details
    • $240,000

      Two-Story Retail Storefront Opportunity

      Prominent two-level storefront with dedicated fitting room and flexible loft space suited to retail or professional use.
      612 Conrad Hilton Boulevard, Cisco, TX 76437
      View Details
    • $150,000

      Turnkey Locker Plant Facility

      Fully equipped locker plant with processing space, cold storage, and equipment for rapid meat-processing operations.
      8911 Highway 6, Cisco, TX 76437
      View Details
    • $250,000

      Two-Story Restaurant Investment

      Own a leased two-story restaurant building with a full professional kitchen and upstairs living space in downtown Cisco.
      715 Conrad Hilton Boulevard, Cisco, TX 76437
      View Details
    • $499,000

      Industrial Buildings with Brewery Setup

      Two adjoining buildings on a highly visible corner offer brewery-ready features, warehouse space, and a second unit for buildout.
      710 & 712 Conrad Hilton Boulevard, Cisco, TX 76437
      View Details
    • $180,000

      Highway-Frontage Development Land

      Rectangular tract with Highway 206 frontage, live oak trees, and existing paved parking for a range of retail or office concepts.
      1900 Highway 206, Cisco, TX 76437
      View Details
    • $897,720

      Recreational Land with Ponds

      Large acreage with rolling terrain, mature oak coverage, and two ponds—ideal for building, hunting, or a private retreat.
      HWY 183, Cisco, TX 76437
      View Details

    FAQs

    What type of property is this?
    Land - 1.446 acre tract ideal for redevelopment near Cisco College.
    Where is this land located?
    The property is located at 510 Franklin Avenue Cisco, TX.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: 1.446 acre tract of land; Potential for redevelopment as a manufactured home or barndominium; 9 lots offering a country setting
    (817) 441-4000
    We can help!
    Listing Contact
    Misty Bussell
    Misty Bussell
    Real Estate License ID: 0623186
    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
    510 Franklin Avenue, Cisco, TX 76437
    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!