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

    729 Twin Bends Road Crawford, TX 76638

    View on Map
    Claim this Listing
    For Sale
    $175,000

    Improved Land - Crawford, TX

    Lot size:
    2.00 Acres
    Added:
    Sep 26, 2025
    Days on Market:
    209
    Last Refresh:
    Apr 22 at 2:06 pm

    Property Features for 729 Twin Bends Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    119239
    Lot size
    2.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Anel Perales

    Listing agent Anel Perales License #651652

    Listing office EG Realty 2201 Washington Ave., Waco, TX

    Listing date Sep 26, 2025

    MLS# 21070267 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.

    Overview

    Crawford Land with Barn

    This 2-acre corner lot is located in Crawford and includes electricity and a water meter already installed. It features a barn and horse stable, making it suitable for country living or equestrian use. The terrain is flat with open space, offering a location for building. The seller is a builder and can assist with home construction. This property offers the option for immediate rural living or future building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Crawford
    County
    McLennan
    State
    Texas
    Longitude
    -97.3530015
    Latitude
    31.5865889

    Nearby Similar for Sale

    • $575,000

      Versatile Two-Story Commercial Property

      Two-story commercial property in Crawford, TX, with retail and salon.
      6725 N Lone Star Parkway, Crawford, TX 76638
      View Details
    • $189,900

      Income-Producing Duplex in Crawford ISD

      Two single-family homes with long-term tenants, immediate cash flow.
      9100/9088 5th Street, Crawford, TX 76638
      View Details
    • $985,000

      Crawford, TX Farm and Ranch

      106.49 acres of land ideal for farming or development.
      902 Mattlage Road, Crawford, TX 76638
      View Details
    • $985,000

      Crawford, TX Farm and Ranch

      106+ acre farm and ranch land in Crawford, Texas.
      902 Mattlage Road, Crawford, TX 76638
      View Details
    • $349,000

      18 Acres in Willow Moon Ranch

      18-acre tract in Crawford ISD to design your dream homestead.
      1370 Shiloh Church Road, Crawford, TX 76638
      View Details
    • $265,000

      Acreage for Dream Home in Crawford

      Unimproved land perfect for building a private retreat and enjoying country living.
      2158 Old Crawford Road, Crawford, TX 76638
      View Details
    • $150,000

      Historic Building in Crawford, Texas

      Historic building suitable for office or warehouse space in Crawford.
      6756 N Lone Star Parkway, Crawford, TX 76638
      View Details
    • $668,000
      2,403 SF

      Crawford Estate with Austin Stone

      13.21-acre estate featuring a 2,402.5 square foot Austin Stone ranch.
      463 Twin Bends Road, Crawford, TX 76638
      View Details
    • $210,000

      Unimproved Land in Willow Moon Ranch

      7.74 acres of land perfect for a custom home.
      445 Willow Moon Ranch Road, Crawford, TX 76638
      View Details
    • $1,950,000

      145 Acres in Crawford ISD

      Large tract with grazing pastures and cultivated fields near Waco.
      Tbd Compton Road, Crawford, TX 76638
      View Details
    • $189,900
      2,136 SF

      Crawford Duplex: Investment Opportunity

      Two manufactured homes in Crawford ISD, great for investors/homebuyers.
      9100-9088 5th Street, Crawford, TX 76638
      View Details
    • $225,000

      Expansive Land in Crawford, Texas

      11.433-acre lot ready for your dream home.
      8153 Prairie Chapel Road, Crawford, TX 76638
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Two-acre corner lot with barn, utilities, ideal for equestrian use.
    Where is this horse & equestrian property located?
    The property is located at 729 Twin Bends Road Crawford, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Prime 2‑acre corner lot in Crawford.; Electricity and water meter already installed.; Barn and horse stable for equestrian use.
    (254) 218-4220
    We can help!
    Listing Contact
    Anel Perales
    Real Estate License ID: 651652
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!