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

    97 County Road 2640 Mount Pleasant, TX 75455

    View on Map
    Sponsored
    For Sale
    $425,000

    Barndominium, Farm/Ranch - Mount Pleasant, TX

    Type:Farm
    Property size:
    1,890 SF
    Lot size:
    21.68 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 20 at 7:06 pm

    Property Features for 97 County Road 2640

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    104212
    Patio and Porch features
    Patio, Porch
    Interior features
    Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Rain Gutters, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Range, Washer
    Size
    1,890 SF
    Lot size
    21.68 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2002
    Floors in Building
    1.5
    Flooring type
    Concrete, Vinyl
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Suzie Castillo

    Suzie Castillo, Broker

    Listing agent Suzie Castillo License #0644507

    Listing date Mar 19, 2026

    MLS# 21213513 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

    Barndominium on 21+ Acres

    This move-in ready, 1-bedroom, 1-bath metal barndominium is situated on 21.67 acres. The property features road frontage on two sides. The barndominium has approximately 1890 square feet with an open concept living and dining area featuring vaulted ceilings. An upstairs loft provides an additional 650 square feet of space that could be converted into an extra bedroom or office area. The property is fully fenced and includes a barn and a small pond, suitable for horses or livestock. Ten acres consist of improved pasture land, previously used for hay production and grazing. The remaining 11 acres of timber provide a habitat for wildlife and hunting opportunities. Located near Lake Bob Sandlin and Cypress Lake, the property offers convenient access to fishing and water sports. Two wineries are also located nearby. Major cities such as Dallas, Texarkana, and Shreveport are less than 2 hours away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Mount Pleasant
    County
    Titus
    State
    Texas
    Longitude
    -95.102887
    Latitude
    33.103074

    Nearby Similar for Sale

    • $585,000
      6,800 SF

      Versatile Warehouse and Office Space

      6800 sq ft warehouse/office on 2+ acres in Mt. Pleasant.
      450 County Road 1312, Mount Pleasant, TX 75455
      View Details
    • $945,000
      0.81 Acres

      Mount Pleasant Commercial Opportunity

      Retail, office, and shop space near Interstate 30.
      1428 N Jefferson St, Mount Pleasant, TX 75455
      View Details
    • $725,000
      0.25 Acres

      Spacious Office Building Near Courthouse

      7,840 SF office building with 22 offices near courthouse.
      312-314 W Alabama St, Mount Pleasant, TX 75455
      View Details
    • $515,000
      1,690 SF

      Turnkey Ranch Ready for Livestock

      40-acre ranch near Mount Pleasant, TX, ready for immediate use.
      1699 County Road 3240, Mount Pleasant, TX 75455
      View Details
    • $999,000
      2,184 SF

      Prime Commercial Location in Mt Pleasant

      Commercial building on a large lot with business potential.
      509 S Jefferson St, Mount Pleasant, TX 75455
      View Details
    • $1,200,000
      0.09 Acres

      Downtown Mt Pleasant Investment Opportunity

      Three-story building in historic district, suitable for office or multifamily.
      301 N Jefferson St, Mount Pleasant, TX 75455
      View Details
    • $799,900
      2.06 Acres

      Turn-Key Restaurant and Bar Venue

      Thriving restaurant and bar on 2.06 acres in Mount Pleasant.
      1350 Industrial Rd, Mount Pleasant, TX 75455
      View Details
    • $650,000
      0.53 Acres

      Commercial Building in Prime Location

      Commercial building in Mt Pleasant, TX, currently operating as restaurant.
      237 W Ferguson Rd, Mount Pleasant, TX 75455
      View Details
    • $179,000
      0.40 Acres

      Move-In Ready Office Building

      Updated office building with flexible rental options and large lot.
      1304 W Ferguson Rd, Mount Pleasant, TX 75455
      View Details
    • $900,000
      9,834 SF

      Historic Downtown Mt Pleasant Building

      Charming historic property with multiple income streams in thriving downtown.
      112 W 2Nd St, Mount Pleasant, TX 75455
      View Details
    • $199,000
      8.00 Acres

      Equestrian Facility on 8 Acres

      8-acre equestrian property with horse facilities near Mt. Pleasant, TX.
      1786 County Road 1070, Mount Pleasant, TX 75455
      View Details
    • $2,280,000
      12,000 SF

      New Townhome Community Near Hospital

      New 8-unit townhome community near hospital, ideal for medical professionals.
      196 W 17Th St, Mount Pleasant, TX 75455
      View Details

    FAQs

    What type of property is this?
    Farm - Move-in ready barndominium on acreage near lakes and cities.
    Where is this farm located?
    The property is located at 97 County Road 2640 Mount Pleasant, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 21.67 acres of land with fencing, barn, and pond suitable for horses or livestock.; - Move-in ready 1 bedroom, 1 bath barndominium with approximately 1890 SF of living space.; - Open concept living and dining area with vaulted ceilings and a 650 SF loft that can be converted into an additional bedroom or office.
    (903) 577-1855
    Request Owner's contact information
    97 County Road 2640 Mount Pleasant, TX 75455
    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.
    97 County Road 2640
    Mount Pleasant, TX 75455
    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
    97 County Road 2640 Mount Pleasant, TX 75455
    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

    We can help!
    Listing Contact
    Suzie Castillo
    Real Estate License ID: 0644507
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!