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    7359 Texas Highway 154 S Sulphur Springs, TX 75482

    View on Map
    Sponsored
    For Sale
    $1,275,000

    Colonial,Traditional, Farm/Ranch - Sulphur Springs, TX

    Type:Farm
    Property size:
    3,895 SF
    Lot size:
    20.01 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 28 at 12:06 am

    Property Features for 7359 Texas Highway 154 S

    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
    R000015875
    Parking features
    Carport, Driveway, Other
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Cable Tv Available, Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Wainscoting, Walk-in Closet(s), Second Primary Bedroom
    Exterior features
    Balcony, Covered Patio/Porch, Rain Gutters, Lighting, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Washer
    Size
    3,895 SF
    Lot size
    20.01 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Active Solar, Central, Electric (Heating), Fireplace(s), Propane (Heating), Solar (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1977
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl, Wood
    Roof type
    Composition
    Architectural style
    Colonial
    Additional Structures
    Barn(s), Stable(s), Storage

    We can help!

    Listing Contact
    Carrie Chase Nuckolls
    Carrie Chase Nuckolls

    Century 21 First Group

    Listing agent Carrie Chase Nuckolls License #0508822

    Listing date Mar 27, 2026

    MLS# 21125664 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

    Property Insight Report

    Overview

    Equestrian Ranch with Colonial Home

    This 20-acre agricultural exempt ranch is located on sandy loam soil and features 9 pastures with movable panels. The property includes a spring-fed pond stocked with bass, 3 barns, a covered arena, and over 20 stall options, including a stud pen. The Colonial-style home includes 4 bedrooms and 3 full bathrooms, with two primary suites, one on the main level. The home features Andersen windows, layered crown and dental moulding, a curved staircase with a wooden handrail, and a den with a coffered ceiling and a gas-log fireplace. The upstairs primary suite includes a private study area with built-in bookcases and a balcony overlooking pasture views. A downstairs office features custom wood moulding and built-ins. The kitchen includes a copper vent hood, professional-style range, stainless steel appliances, walnut cabinetry, breakfast bar, 2 pantries, and a window overlooking the pasture. The property includes a resort pool, hot tub, dual waterfalls, and an expansive patio. Additional features include a paved circular driveway and solar panels with a SPAN smart electrical panel. The property has approximately 2,000 feet of road frontage and pipe fencing along three sides. Equestrian facilities include a 100x150 covered arena with auto waterers, five stalls, tack room, wash rack, and viewing platform. There are three horse barns: one with 4 stalls, two tack rooms, a stud pen, and hay storage; one with six stalls; and a third with 4 stalls, wash bay, tack room, and stocks, plus multiple corrals and pastures. Additional storage includes a 50x24 equipment shed and an 84x24 shop. The property is 5 minutes from I-30 and 90 miles from DFW airport. The property is located in Sulphur Springs, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Sulphur Springs
    County
    Hopkins
    State
    Texas
    Longitude
    -95.60535
    Latitude
    33.029953

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    FAQs

    What type of property is this?
    Horse & equestrian property - 20-acre Texas ranch featuring equestrian facilities and a Colonial home.
    Where is this horse & equestrian property located?
    The property is located at 7359 Texas Highway 154 S Sulphur Springs, TX.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - 20-acre ag exempt equestrian ranch with sandy loam soil, 9 pastures, and a spring-fed pond.; - Extensive equestrian facilities: **covered arena, multiple barns (over 20 stalls), tack rooms, wash racks, stud pen, and hay storage.**; - Colonial-style home with 4 bedrooms, 3 full bathrooms (including two primary suites), chef's kitchen, and high-end finishes.
    (903) 885-3146
    Request Owner's contact information
    7359 Texas Highway 154 S Sulphur Springs, TX 75482
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    Sulphur Springs, TX 75482
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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
    7359 Texas Highway 154 S Sulphur Springs, TX 75482
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    We can help!
    Listing Contact
    Carrie Chase Nuckolls
    Carrie Chase Nuckolls
    Real Estate License ID: 0508822
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