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

    999 EAST Eastline Rd Whitewright, TX 75491

    View on Map
    Sponsored
    For Sale
    $459,000

    Improved Land - Whitewright, TX

    Lot size:
    19.98 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 10 at 7:06 pm

    Property Features for 999 EAST Eastline Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    129638
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    19.98 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Bruce Roberts

    Bois d'Arc Realty, Inc. (903) 364-2700

    Listing agent Bruce Roberts (903) 364-2700 License #0322520

    Listing date Mar 9, 2026

    MLS# 21201660 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

    19.98 Acre Whitewright Land

    This 19.982-acre tract, located just north of Whitewright, Texas, features a mix of open pasture and scattered tree lines. The property has frontage on a paved county road and lies outside the city limits, offering flexibility for a homesite, investment land, small ranching, or recreational use. The land is primarily established pasture with two tree lines along the western side of the property. A large pond provides a scenic focal point and supports livestock and wildlife. The property is mostly fenced with barbed wire fencing and currently carries an agricultural exemption for lower property taxes. Conveniently located approximately 14 miles from Sherman and Denison, 25 miles from McKinney, and about 35 miles from Frisco, the property offers a peaceful rural setting while remaining within easy reach of major employment and shopping centers. The tract offers several excellent building sites and is also available as two 10-acre tracts. Two water meters are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitewright
    County
    Grayson
    State
    Texas
    Longitude
    -96.38504967
    Latitude
    33.53684899

    Nearby Similar for Sale

    • $675,000
      3,875 SF

      Retail Property in Whitewright, Texas

      Retail property in historic Whitewright, Grayson County, Texas.
      117 W Grand St, Whitewright, TX 75491
      View Details
    • $750,900
      2.63 Acres

      Renovated Building in Whitewright, TX

      Renovated building suitable for various uses, including multi-family and healthcare.
      400 S Bond St, Whitewright, TX 75491
      View Details
    • $389,900
      0.57 Acres

      Downtown Whitewright Commercial Building For Sale

      Commercial building in the heart of Downtown Whitewright on .57-acre lot.
      228 W Grand St, Whitewright, TX 75491
      View Details
    • $4,570,000
      260.39 Acres

      260-Acre Ranch Near Dallas

      Prime investment property for farming, ranching, and residential income.
      10948 Fm 898, Whitewright, TX 75491
      View Details
    • $389,900
      8,400 SF

      Downtown Whitewright Office Building

      High-Income Potential, 8400 sq ft Office
      228 Grand St, Whitewright, TX 75491
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 19.98 acres of pastureland near Sherman and Denison, Texas.
    Where is this agricultural land / farmland located?
    The property is located at 999 EAST Eastline Rd Whitewright, TX.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Expansive 19.982 acre tract featuring open pasture, scattered trees, and a large pond.; - Located outside city limits with paved road frontage, ideal for homesite, investment, ranching, or recreation.; - Conveniently located near Sherman, Denison, McKinney, and Frisco.
    (903) 364-2700
    Request Owner's contact information
    999 EAST Eastline Rd Whitewright, TX 75491
    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.
    999 EAST Eastline Rd
    Whitewright, TX 75491
    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
    999 EAST Eastline Rd Whitewright, TX 75491
    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
    Bruce Roberts
    Real Estate License ID: 0322520
    (903) 364-2700 (903) 815-5029
    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!