Sign Up Successful!
You now have access to more from Realmo!
    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

    FM-372 S Valley View, TX 76272

    Sponsored
    For Sale
    $3,573,150

    Ranch - Valley View, TX

    Type:Ranch
    Lot size:
    102.09 Acres
    Days on Market:
    283
    Last Refresh:
    Jan 25 at 5:06 pm

    Property Features for FM-372 S

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    18171
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    102.09 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Michael Sanders

    Ready Real Estate, LLC (866) 557-3239

    Listing agent Michael Sanders (817) 569-8200 License #0639834

    Listing date Apr 18, 2025

    MLS# 20762508 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

    Overview

    Valley View 102-Acre Ranch Opportunity

    Available for the first time in over 100 years, this 102.09-acre property is located in the Mt. Springs community. The land features an elevated homesite with panoramic views and approximately 1400 feet of road frontage on FM 372. It is situated 30 minutes from Denton and 1 hour from DFW. The property is suitable for a horse ranch or cattle operation and includes an ag exemption for reduced taxes, two stock tanks, mature oaks and pecans, Common Bermuda pastures, and sandy loam soil. Wildlife includes whitetail deer, turkey, and bobcats. Bordering the Corp of Engineers land, the property offers privacy and access to nature, and is 10 minutes from Lake Ray Roberts for boating, camping, and fishing. The property is deed restricted for residential use only; no modulars or RV parks are allowed. It is located in the Lake Ray Roberts P & Z District.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Valley View
    County
    Cooke
    State
    Texas
    Longitude
    -97.03767211
    Latitude
    33.45541016

    Nearby Similar for Sale

    • $1,925,000
      4,697 SF

      Farm/Ranch with Custom Home

      Spacious home and equestrian facilities on 53+ acres.
      3000 Fm-2848, Valley View, TX 76272
      View Details
    • $5,499,500
      3,558 SF

      Expansive Ranch Property Near Lake

      158-acre property with custom home and outbuilding near Lake Ray.
      453 Tower Rd, Valley View, TX 76272
      View Details
    • $1,680,000
      3,049 SF

      57 Acre Texas Farm/Ranch

      57 acre farm/ranch with home, workshop, barn, and ponds.
      590 County Road 385, Valley View, TX 76272
      View Details
    • $799,000
      2,083 SF

      Valley View Barndominium on Acreage

      Two-story barndominium with workshop on 11.89 acres under AG Exemption.
      169 Chisam Rd, Valley View, TX 76272
      View Details
    • $299,900
      0.10 Acres

      Commercial Buildings on I-35

      Two commercial buildings suitable for residential or business use.
      101 3Rd St, Valley View, TX 76272
      View Details
    • $1,650,000
      4,111 SF

      Valley View Estate with Modern Farmhouse

      Luxurious 16-acre estate with custom home, guest cabin, and amenities.
      1072 Oak Hill Rd, Valley View, TX 76272
      View Details
    • $4,000,000
      80.00 Acres

      Equestrian Ranch with Multiple Residences

      Horseman's ranch with main residence and multiple apartments.
      3561 Neely Trl, Valley View, TX 76272
      View Details
    • $2,990,000
      2,305 SF

      Valley View Farm/Ranch Opportunity

      74.07 acre farm/ranch property in Valley View, Texas.
      1211 W Fm 922, Valley View, TX 76272
      View Details
    • $1,999,500
      2,256 SF

      Lakefront Barndominium with Horse Barn

      29.75-acre lakefront property with barndominium, horse barn, and pond.
      1639 Bloomfield Rd, Valley View, TX 76272
      View Details
    • $1,699,000
      3,280 SF

      Valley View Ranch with Equestrian Facilities

      Luxury ranch on 14 acres with equestrian facilities near DFW.
      510 County Road 247, Valley View, TX 76272
      View Details
    • Contact for pricing
      87,125 SF

      Valley View Industrial Service Hub

      Flagship industrial property with service hub and training facility.
      117 Elm Grove Rd, Valley View, TX 76272
      View Details
    • $1,375,000

      Farmhouse Barndo with Equestrian Amenities

      Farmhouse-style barndo with equestrian facilities and RV hookups.
      8690 E Fm 922 Hwy, Valley View, TX 76272
      View Details

    FAQs

    What type of property is this?
    Ranch - 102-acre ranch with panoramic views, lush pastures, and abundant wildlife.
    Where is this ranch located?
    The property is located at FM-372 S Valley View, TX.
    What is the asking price?
    The asking price for this property is $3,573,150.
    What are key features of this property?
    This property features: - 102-acre property in Mt. Springs, available for the first time in over a century.; - **Prime elevated homesite with panoramic views.**; - Conveniently located 30 minutes from Denton and 1 hour from DFW.
    (817) 569-8200
    Request Owner's contact information
    FM-372 S Valley View, TX 76272
    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.
    FM-372 S
    Valley View, TX 76272
    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
    FM-372 S Valley View, TX 76272
    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
    Michael Sanders
    Real Estate License ID: 0639834
    (817) 569-8200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.