Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    25 Acres of Unimproved Land Title is generated by Realmo AI

    Tbd Hwy 6, Albany, TX 76424

    View on Map
    Claim this Listing
    For Sale
    $265,000

    Unimproved Land - Albany, TX

    Type:Unimproved Land
    Lot size:
    25.00 Acres
    Added:
    Jul 24, 2024
    Days on Market:
    662
    Last Refresh:
    May 16 at 5:06 pm

    Property Features for Tbd Hwy 6

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    12125
    Lot size
    25.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeannine Herrington
    Jeannine Herrington

    Listing agent Jeannine Herrington License #0686709

    Listing office H Bar Realty 1226 W Walker St., Breckenridge, TX

    Listing date Jul 24, 2024

    MLS# 20027287 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

    • 25 Acres of undeveloped land suitable for a ranchette.
    • Convenient location: 10 miles south of Albany with paved highway access (Hwy 6).
    • Front and back gate entry.
    • Electric nearby and water meter available.
    • Recreational opportunities: Hunting and fishing.
    • New barbed wire fencing on front and side acreage.

    Overview

    This is 25 acres of undeveloped land, ideally sized and located for a ranchette. It is located 10 miles south of Albany, Texas, with paved Highway 6 providing convenient access. The property features convenient front and back gate entry. Electric service is nearby, and a water meter is available. New barbed wire fencing is installed on the front and side acreage. The property is suitable for recreational hunting and fishing, offering a serene country atmosphere.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Albany
    County
    Shackelford
    State
    Texas
    Longitude
    -98.8639
    Latitude
    32.752

    Nearby Similar for Sale

    • $249,000
      10,010 SF

      Versatile Industrial Shop on Highway

      10,000+ sq ft shop on 2.74 acres near highway.
      8241 N US Highway 283, Albany, TX 76430
      View Details
    • $74,895

      Residential Lots in Established Subdivision

      Two adjoining lots totaling 0.57 acres in Albany, TX.
      000 Remington, Albany, TX 76430
      View Details
    • $1,050,000
      2,780 SF

      Albany Ranch with Modern Barndominium

      31.5 acre ranch featuring a 2023-built barndominium home.
      1789 County Road 147, Albany, TX 76430
      View Details
    • $75,000

      Albany Religious Facility or Residential

      Vacant religious facility on 0.18 acres in Albany, TX.
      24 S Avenue C, Albany, TX 76430
      View Details
    • $2,030,000

      406 Acres Near Albany, TX

      406 acres of pasture and field land near Albany.
      2850 County Road 122, Albany, TX 76430
      View Details
    • $152,580

      Albany, TX Acreage Lot

      Acreage lot near Albany airport with city water access.
      172 FM 601, Albany, TX 76430
      View Details
    • $202,305

      Acreage Lot Near Albany Airport

      Acreage lot near Albany Airport with city water access.
      176 FM 601, Albany, TX 76430
      View Details
    • $74,895

      Land For Sale in Albany

      Land available in Shackelford County, Albany, Texas.
      000 Remington, Albany, TX 76430
      View Details
    • $22,000

      Residential Lot in Albany, TX

      Cleared lot with utilities in established neighborhood.
      733 Rambler, Albany, TX 76430
      View Details
    • $152,580

      Land Near Albany Airport

      Land available near FM 601 and Albany Airport.
      172 FM 601, Albany, TX 76430
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped 25-acre land perfect for a ranchette near Albany, TX.
    Where is this land located?
    The property is located at Tbd Hwy 6 Albany, TX.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: 25 Acres of undeveloped land suitable for a ranchette.; Convenient location: 10 miles south of Albany with paved highway access (Hwy 6).; Front and back gate entry.
    (254) 647-1587
    We can help!
    Listing Contact
    Jeannine Herrington
    Jeannine Herrington
    Real Estate License ID: 0686709
    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
    Tbd Hwy 6, Albany, TX 76424
    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!