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

    979 East Barry Street Reno, TX 76020

    View on Map
    For Sale
    $99,000

    Unimproved Land - Reno, TX

    Type:Unimproved Land
    Lot size:
    1.18 Acres
    Added:
    May 15, 2025
    Days on Market:
    322
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for 979 East Barry Street

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    TBD
    Lot size
    1.18 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sharon De Saram

    Listing agent Sharon De Saram License #0665629

    Listing office Beam Real Estate, LLC 14455 Webb Chapel Rd., Farmers Branch, TX

    Listing date May 15, 2025

    MLS# 20514008 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

    Reno, TX Build-Ready Land

    This is an unimproved 1.18-acre lot located in Reno, Texas. It is situated in a fast-developing area near Azle. The property is build-ready and offers country living with proximity to city conveniences. There is no HOA. The lot is suitable for building a custom home. Approximate lot boundaries are marked with pink stakes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Reno
    County
    Parker
    State
    Texas
    Longitude
    -97.561692
    Latitude
    32.950559

    Nearby Similar for Sale

    • $999,000

      Reno, TX Commercial Land

      Commercial property on 1.39 acres with highway frontage.
      4861 E Highway 199, Reno, TX 76082
      View Details
    • $675,000
      1,400 SF

      Equestrian Retreat Barndominium on 8.86 Acres

      8.86-acre equestrian retreat with barndominium, stalls, and shop.
      845 N Cardinal Road, Reno, TX 76020
      View Details
    • $850,000

      Renovated Multi-Unit Investment Property

      Turnkey investment property with four units on one acre.
      Tbd E Reno Road, Reno, TX 76020
      View Details
    • $870,000

      Commercial Property in Reno, TX

      Versatile commercial property with open porch on over an acre.
      1530 E Reno Road, Reno, TX 75038
      View Details
    • $229,000

      Reno, TX Brick Duplex

      Investment opportunity with rental potential in Reno, Texas.
      735 Anderson Road, Reno, TX 75462
      View Details
    • $290,000

      Reno, TX Wooded Land Parcel

      3.387-acre wooded property in Reno, TX, with utilities available.
      Tbd Scenic Wood Drive, Reno, TX 76020
      View Details
    • $95,000

      Reno, TX Unimproved Land

      3.5-acre land parcel near major highway access.
      Tbd Airport Road, Reno, TX 75460
      View Details
    • $250,000

      Reno, TX Agricultural Exempt Land

      5 acres of agricultural exempt land near Eagle Mountain Lake.
      Tbd Nelson Road, Reno, TX 76020
      View Details
    • $3,330,000

      Ranch Property with Pasture and Woods

      112-acre ranch with pasture, woods, and livestock amenities.
      161 E Reno Road, Reno, TX 76020
      View Details
    • $1,645,000
      10,500 SF

      New Dollar Tree Storefront

      Newly constructed Dollar Tree with a long-term lease and options.
      6015 Lamar Rd, Reno, TX
      View Details

    FAQs

    What type of property is this?
    Land - 1+ acre lots for custom home in Reno, TX.
    Where is this land located?
    The property is located at 979 East Barry Street Reno, TX.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Build‑ready 1+ acre lot, perfect for your dream home; No HOA, offering you freedom and flexibility; Bring your own builder and create a custom design
    (972) 484-6644
    We can help!
    Listing Contact
    Sharon De Saram
    Real Estate License ID: 0665629
    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!