Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sumner Estates Land Opportunity Title is generated by Realmo AI

    9409 FM 79, Sumner, TX 75486

    View on Map
    Claim this Listing
    For Sale
    $55,500

    Improved Land - Sumner, TX

    Lot size:
    1.46 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 1 at 3:06 am

    Property Features for 9409 FM 79

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    SEE AGENT
    Lot size
    1.46 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Meagen Smith
    Meagen Smith

    Listing agent Meagen Smith License #0679901

    Listing office Hygge Homes and Land 122 Bonham St, Paris, TX

    Listing date Mar 26, 2026

    MLS# 21217520 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

    • Spacious 1.46‑acre lot offers ample space for building a custom home.
    • Located in the desirable Sumner Estates.
    • Minutes from the Loop, providing convenient access to town.
    • Situated within the highly sought‑after North Lamar ISD.
    • Deed restrictions in place to protect property values.
    • Prime piece of land in one of the area’s newest developments.

    Overview

    This 1.46-acre lot is located in Sumner Estates, offering an opportunity to build a home. The property is situated minutes from the Loop, balancing country living with access to town. It is located within the North Lamar Independent School District. Deed restrictions are in place. This property is suitable for custom building plans in one of the area’s newest developments.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sumner
    County
    Lamar
    State
    Texas
    Longitude
    -95.667054
    Latitude
    33.740215

    Nearby Similar for Sale

    • $5,999,900
      4,620 SF

      Sumner Ranch with Lake and Timber

      292-acre ranch featuring a home, lake, and working pens.
      1450 County Road 36330, Sumner, TX 75486
      View Details
    • $689,500
      1,710 SF

      Farm/Ranch Property in Sumner, TX

      58.485 acre farm/ranch property featuring a modern farmhouse.
      1355 County Road 33100, Sumner, TX 75486
      View Details
    • $517,500

      Versatile Land in Lamar County

      23-acre tract with shop, no restrictions, ideal for homestead.
      1750 County Road 34430, Sumner, TX 75486
      View Details
    • $149,900

      Commercial Property Near Pat Mayes Lake

      Commercial property near Pat Mayes Lake, suitable for investment/business.
      6597 Farm Road 1500, Sumner, TX 75486
      View Details
    • $309,900

      Secluded Sumner Land with Timber

      45+ acre Sumner, TX tract with diverse landscape.
      958 County Road 37000, Sumner, TX 75486
      View Details
    • $25,000

      Sumner, Texas Improved Land

      0.761 acre lot zoned for single/multi-family development.
      200 Private Road 33261, Sumner, TX 75486
      View Details
    • $25,000

      Sumner, Texas Improved Land

      0.686 acre lot zoned for single or multifamily development.
      130 Private Road 33261, Sumner, TX 75486
      View Details
    • $38,000

      Sumner, TX Acreage for New Home

      One-acre lot ready for build-to-suit home in Sumner Estates.
      161 Private Road 33263, Sumner, TX 75486
      View Details
    • $38,000

      Sumner TX Acreage for Building

      One-acre lot ready for build-to-suit home in Sumner Estates.
      199 Private Road 33263, Sumner, TX 75486
      View Details
    • $71,340

      Sumner, TX Land with Pond

      2.05 acre lot with pond in Sumner Estates.
      50 Private Road 33265, Sumner, TX 75486
      View Details
    • $38,000

      Sumner, TX Acre Lot

      One-acre lot ready for build-to-suit home in Sumner Estates.
      275 Private Road 33263, Sumner, TX 75486
      View Details
    • $38,000

      Sumner, TX Acre Lot

      One-acre lot ready for build-to-suit home.
      235 Private Road 33263, Sumner, TX 75486
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.46-acre lot in Sumner Estates, build your dream home.
    Where is this residential land & home lot located?
    The property is located at 9409 FM 79 Sumner, TX.
    What is the asking price?
    The asking price for this property is $55,500.
    What are key features of this property?
    This property features: Spacious 1.46‑acre lot offers ample space for building a custom home.; Located in the desirable Sumner Estates.; Minutes from the Loop, providing convenient access to town.
    (903) 609-2050
    We can help!
    Listing Contact
    Meagen Smith
    Meagen Smith
    Real Estate License ID: 0679901
    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

    Thank You for Inquiry
    9409 FM 79, Sumner, TX 75486
    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!