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    7 Private Rd 6040 Blue Ridge, TX 75424

    Sponsored
    For Sale
    $1,125,000

    Ranch, Farm/Ranch - Blue Ridge, TX

    Type:Farm
    Property size:
    2,526 SF
    Lot size:
    17.74 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 21 at 9:06 am

    Property Features for 7 Private Rd 6040

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    New
    Parking features
    Driveway, Garage
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Wine Cooler, Cable Tv Available, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Kitchen Island, Paneling, Pantry, Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Dock, Dog Run, Outdoor Living Center, Private Entrance, Stable/Barn, Storage, Fence
    Dock
    1
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Refrigerator, Washer
    Size
    2,526 SF
    Lot size
    17.74 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Central Air, Electric
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1989
    Floors in Building
    1
    Flooring type
    Carpet, Engineered Wood, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Kennel/Dog Run, Stable(s), Storage

    We can help!

    Listing Contact
    Sarah Boyd

    SARAH BOYD & CO (214) 649-4403

    Listing agent Sarah Boyd (940) 202-0028 License #0583766

    Listing date Feb 20, 2026

    MLS# 21185628 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

    Overview

    Blue Ridge Ranch with Acreage

    Located in Blue Ridge, Texas, just outside the Dallas–Fort Worth Metroplex, this 17+ acre ranch offers privacy, space, and accessibility. Situated in Collin County, the property provides country living within a short drive to McKinney, major highways, and the DFW area. The custom-built brick home features four bedrooms and three full baths. The living room includes wood paneling and a fireplace. The kitchen and dining area offer space for entertaining, while the primary suite includes an en-suite bath and walk-in shower. Outdoor features include a resort-style pool and spa with water feature, gazebo, and open patio. An outdoor riding pad and private on-property trails enhance the ranch lifestyle. Additional acreage, barn facilities, and a covered riding arena are available. The property is suitable for a private family ranch, equestrian retreat, or long-term land investment.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Blue Ridge
    County
    Collin
    State
    Texas
    Longitude
    -96.36547415
    Latitude
    33.3271892

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    FAQs

    What type of property is this?
    Ranch - Private 17+ acre ranch near Dallas-Fort Worth Metroplex.
    Where is this ranch located?
    The property is located at 7 Private Rd 6040 Blue Ridge, TX.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - 17+ acre ranch in a desirable Collin County location, offering privacy and space just outside the DFW Metroplex.; - Custom-built brick home with 4 bedrooms and 3 baths, featuring a warm living room with a fireplace.; - Enjoy the resort-style pool and spa with water feature, gazebo, and open patio designed to maximize the serene landscape.
    (940) 202-0028
    Request Owner's contact information
    7 Private Rd 6040 Blue Ridge, TX 75424
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    Blue Ridge, TX 75424
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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.

    More about this property
    7 Private Rd 6040 Blue Ridge, TX 75424
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    We can help!
    Listing Contact
    Sarah Boyd
    Real Estate License ID: 0583766
    (940) 202-0028 (214) 649-4403 (214) 691-4663
    Learn more
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