Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Agricultural Land with Dual Road Access Title is generated by Realmo AI

    CR 1037 Road, Greenville, TX 75401

    View on Map
    Claim this Listing
    For Sale
    $200,000

    LAND - Other - Greenville, TX

    Lot size:
    5.00 Acres
    Added:
    May 3, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 4 at 3:06 am

    Property Features for CR 1037 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    212054
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Description
    A1039 TOMLINSON WM, TRACT C5-3, ACRES 7.354
    Tax Annual Amount
    712

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Travis Hunt
    Travis Hunt

    Listing agent Travis Hunt License #0746164

    Listing office Texan Team Celeste, TX

    Listing date May 3, 2026

    MLS# 21220775 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

    • 5‑acre AG‑exempt, horse‑friendly tract in unincorporated Hunt County with Greenville mailing address
    • No HOA and no city taxes; water and electric available at the road
    • Dual road frontage on County Road 1037 and County Road 1196 for flexible access
    • No floodplain reported and includes gentle deed restrictions
    • Elevated homesite overlooking a pond; Crockett loam soil suited for grazing and livestock use
    • In the Hunt County platting process

    Overview

    This 5-acre agricultural tract is AG-exempt and marketed as horse-friendly, offering a rural setting with gentle deed restrictions designed to protect your investment while keeping flexibility. The land features Crockett loam soil, well-suited for grazing and livestock use, and includes a gate entry on County Road 1196 with guidance along the natural lay of the property toward an elevated homesite overlooking a pond.

    The property is located in unincorporated Hunt County with a Greenville mailing address and Celeste ISD. It has dual road frontage along County Road 1037 and County Road 1196, with water and electric available at the road. The remarks also note no HOA, no city taxes, and no floodplain, and that the property is currently in the Hunt County platting process.

    For buyers looking to build a barndominium, custom home, or family compound, this configuration supports both lifestyle and practical use. The elevated homesite and pond view provide a strong foundation for a peaceful residence, while the open character and livestock-friendly soil align well with homesteading, recreational use, or long-term ownership. Buyer is responsible for due diligence, including confirming boundary lines and development status.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.0996
    Latitude
    33.1242

    Nearby Similar for Sale

    • $1,350,000
      3,100 SF

      Welding & Repair Shop with Home

      Well-equipped welding shop with roll-up doors, 3-phase power, plus attached storage and on-site residence.
      10806 FM 1570, Greenville, TX 75402
      View Details
    • $750,000
      2,925 SF

      Auto Repair Shop with Multiple Bays

      Purpose-built facility with multiple bay doors, vehicle lifts, and fenced yard for a hands-on repair operation.
      7903 Traders Circle, Greenville, TX 75402
      View Details
    • $1,500,000

      ADA-Compliant Medical Office Building

      ADA-compliant medical office with multiple exam rooms and ample private parking in a commercially zoned setting.
      8506 WESLEY, Greenville, TX 75402
      View Details
    • $799,900
      4,907 SF

      Renovated Multi-Family Rental Portfolio

      Five recently updated rental homes sold as a package, offering modern interiors and reduced near-term maintenance needs for investors.
      1705 Langford Street, Greenville, TX 75401
      View Details
    • $365,000

      Turn-Key 4-Bay Car Wash

      Well-maintained 4-bay car wash offers immediate, streamlined operations with electronic payment terminals and security cameras.
      3937 Lee Street, Greenville, TX 75401
      View Details
    • $1,600,000

      New Office Condo Building

      Four-suite office condominium under construction, designed with reception, multiple offices, and covered entry for professional use.
      2200 Traders Road, Greenville, TX 75402
      View Details
    • $280,250

      Flexible Retail and Office Building

      High-visibility commercial building with multiple rooms, parking convenience, and utilities already in place for adaptable operations.
      3503 Stonewall Street, Greenville, TX 75401
      View Details
    • $1,199,500

      Commercial Development Land Parcel

      A highly visible commercial parcel suited for retail, office, or service uses in a growing corridor.
      Traders Road, Greenville, TX 75402
      View Details
    • $794,900
      5,107 SF

      Turnkey 5-Home Rental Portfolio

      Renovated rental homes offered as a package, designed to minimize deferred maintenance and support long-term income.
      1710 Langford Street, Greenville, TX 75401
      View Details
    • $980,000

      High-Visibility Commercial Land Tract

      Prime acreage on a major boulevard offers visibility and accessibility for medical, retail, or mixed-use development.
      Joe Ramsey Boulevard, Greenville, TX 75401
      View Details
    • $549,900

      Rustic Event Venue with Patio

      Converted 1950s gas station offering a flexible boutique event setup with kitchenette, serving area, and outdoor patio.
      1403 Interstate Highway 30, Greenville, TX 75402
      View Details
    • $399,000

      Office Condo Building Under Construction

      New office condo units with reception, multiple private offices, break area, and covered entry—ideal for professional tenants.
      2200 Traders Road, Greenville, TX 75402
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A 5-acre, AG-exempt tract suited for homesites and livestock, with dual road frontage and utilities available at the road.
    Where is this residential land & home lot located?
    The property is located at CR 1037 Road Greenville, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 5‑acre AG‑exempt, horse‑friendly tract in unincorporated Hunt County with Greenville mailing address; No HOA and no city taxes; water and electric available at the road; Dual road frontage on County Road 1037 and County Road 1196 for flexible access
    (903) 222-3478
    We can help!
    Listing Contact
    Travis Hunt
    Travis Hunt
    Real Estate License ID: 0746164
    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
    CR 1037 Road, Greenville, TX 75401
    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!