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    Hunt County AG-Exempt Acreage Title is generated by Realmo AI

    6482 County Road 4700, Commerce, TX 75428

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    For Sale
    $599,000

    Traditional, Farm/Ranch - Commerce, TX

    Type:Farm
    Property size:
    2,110 SF
    Lot size:
    46.58 Acres
    Price / SF:
    $283/SF
    Added:
    Apr 3, 2026
    Days on Market:
    44
    Last Refresh:
    May 16 at 3:06 pm

    Property Features for 6482 County Road 4700

    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
    Carport, Driveway
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    33688
    Size
    2,110 SF
    Lot size
    46.58 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1989
    Floors in Building
    1
    Flooring type
    Carpet, Linoleum
    Roof type
    Metal
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Jeff Taylor
    Jeff Taylor

    Listing agent Jeff Taylor License #0677175

    Listing office United Country Real Estate FW 601 W Northwest Hwy #100A, Grapevine, TX

    Listing date Apr 3, 2026

    MLS# 21173636 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

    • 46.6 AG‑exempt acres offer reduced property taxes and productive land.
    • Established homesite with a 2,110 sq ft residence, metal roof, and large covered porch.
    • Pond enhances agricultural use and provides visual appeal.
    • Multiple outbuildings and covered structures provide ample storage.
    • Conveniently located minutes from Commerce and Texas A&M University‑Commerce.
    • Suitable for hay production, ranching, homesteading, or recreational use.

    Overview

    Located in Hunt County, 6482 County Road 4700 is set on approximately 46.6 AG-exempt acres, offering productive land with an established homesite minutes from Commerce. The acreage is level and usable and includes a pond that adds both functionality and visual appeal, supporting agricultural use and enhancing the overall setting. The property has been actively used for hay production for several years, providing a strong agricultural use history and the benefit of reduced property taxes through its existing ag valuation. The property includes a 2,110 square foot residence built in 1989, featuring a durable metal roof, concrete block foundation, central heat and air, and a large covered porch overlooking the surrounding land. Multiple outbuildings and covered structures provide ample space for equipment storage, hay operations, or livestock support. With county road frontage and a practical layout, the property offers a balance of accessibility and privacy. It is well suited for continued hay production, ranching, homesteading, or recreational use. Located within Commerce ISD, the property combines a quiet rural setting with convenient access to Texas A&M University-Commerce, local amenities, and regional routes connecting to Greenville, Sulphur Springs, and the broader Northeast Texas area. This property presents a compelling opportunity for buyers seeking AG-exempt acreage with proven productivity, a pond, and long-term land value in a desirable rural location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Hotel & Motel Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Hunt
    State
    Texas
    Longitude
    -95.97539
    Latitude
    33.31763

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    FAQs

    What type of property is this?
    Farm - Productive 46.6-acre farm with residence near Commerce, Texas.
    Where is this farm located?
    The property is located at 6482 County Road 4700 Commerce, TX.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 46.6 AG‑exempt acres offer reduced property taxes and productive land.; Established homesite with a **2,110 sq ft residence, metal roof, and large covered porch.**; Pond enhances agricultural use and provides visual appeal.
    (817) 360-8499
    We can help!
    Listing Contact
    Jeff Taylor
    Jeff Taylor
    Real Estate License ID: 0677175
    Learn More
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    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.

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