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    Eustace Homestead: 8 Acres, Home Title is generated by Realmo AI

    9960 CR 2813, Eustace, TX 75124

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    For Sale
    $248,000

    Acreage W/Res, Single Family,Manufactured Home,Doublewide - Eustace, TX

    Type:Manufactured Home
    Property size:
    1,344 SF
    Lot size:
    8.00 Acres
    Price / SF:
    $184/SF
    Added:
    Mar 29, 2026
    Days on Market:
    50
    Last Refresh:
    May 17 at 7:06 pm

    Property Features for 9960 CR 2813

    General Information

    Property type
    Land
    Property subtype
    Manufactured Home
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Workshop
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fans, Separate Tub, Electric Water Heater
    Exterior features
    Storage Building, Front/Back Porch, Fence, Workshop, Shade Trees
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Washer
    Standard status
    Active
    APN
    0190.0290.0A0A.30
    Size
    1,344 SF
    Lot size
    8.00 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    2001
    Building materials
    Vinyl Siding
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage, Workshop

    We can help!

    Listing Contact
    Deborah Schwanbeck

    Listing agent Deborah Schwanbeck

    Listing office Fathom Realty 6841 Virginia Pkwy #103-448, McKINNEY, TX

    Listing date Mar 29, 2026

    MLS# 110081 Listing URL

    Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 8‑acre homestead with no HOA restrictions, offering freedom and potential for rural living.
    • 25x35 metal building with electricity, ideal for storage, projects, or hobbies.
    • Ag Exemption currently in place, helping to keep property taxes low.
    • 3‑bedroom, 2‑bath double‑wide manufactured home (built in 2001) provides a functional living space.
    • Aerobic septic system, eliminating sewer bills.
    • Ample space for ATVs, trailers, RVs, and other outdoor equipment.

    Overview

    This 8-acre homestead in Eustace offers country living without HOA restrictions. The property includes a 3-bedroom, 2-bath double-wide manufactured home built in 2001, featuring a functional layout. Cooling is provided by two window units, and electric space heaters offer warmth. A new hot water heater has been installed. The property has an aerobic septic system. The land has scattered trees, with some mature trees needing removal. A 25x35 metal building with electricity provides space for storage, projects, or hobbies, and includes an attached overhang currently used as a chicken coop. There is room for ATVs, trailers, RVs, and other vehicles. The property currently has an Ag Exemption currently in Mexia Hay, helping keep property taxes low. This homestead offers the land and potential for a small farm, weekend retreat, or full-time country residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Discount Store (Bike/Boat/Book/etc) Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Eustace
    County
    Henderson
    State
    Texas
    Longitude
    -96.01752
    Latitude
    32.29121

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    FAQs

    What type of property is this?
    Farm - 8-acre homestead with a manufactured home and metal building.
    Where is this farm located?
    The property is located at 9960 CR 2813 Eustace, TX.
    What is the asking price?
    The asking price for this property is $248,000.
    What are key features of this property?
    This property features: 8‑acre homestead with no HOA restrictions, offering freedom and potential for rural living.; 25x35 metal building with electricity, ideal for storage, projects, or hobbies.; Ag Exemption currently in place, helping to keep property taxes low.
    (469) 249-2034
    We can help!
    Listing Contact
    Deborah Schwanbeck
    Learn More
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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.

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