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

    Fm 901 Whitesboro, TX 76273

    View on Map
    Sponsored
    For Sale
    $3,100,000

    Ranch - Whitesboro, TX

    Type:Ranch
    Lot size:
    100.00 Acres
    Days on Market:
    19
    Last Refresh:
    Mar 10 at 5:06 pm

    Property Features for Fm 901

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    124481
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    100.00 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    J Bryan Pickens

    Republic Ranches, LLC (888) 726-2481

    Listing agent Bryan Pickens (888) 726-2481 License #0592462

    Listing date Feb 19, 2026

    MLS# 21061543 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

    100 Acre Investment Opportunity

    Macomb Prairie Ranch presents an investment opportunity, located in the path of the Dallas-Fort Worth Metroplex expansion from Collin County into Grayson County. This 100-acre property features approximately 700 feet of road frontage on FM 901, situated between U.S. 377 and Preston Road. While investment or future development may be a primary focus, this tract is also suitable for a private homesite or a small-scale farm and ranch. The property is located about 30 miles north of U.S. 380 in Grayson County. The city of Sherman is about 15 miles to the east, and the town of Collinsville is about 5 miles to the southwest. The property features gently rolling topography with a mixture of native and improved grasses. The ranch is mostly open, with 25 acres currently in cultivation. There is no water or electricity onsite, but they are available nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.8547
    Latitude
    33.5884

    Nearby Similar for Sale

    • $450,000
      3,680 SF

      Historic Downtown Whitesboro Investment Property

      Cash-flowing investment property in a prime Main Street location.
      107 E Main St, Whitesboro, TX 76273
      View Details
    • $375,000
      2,400 SF

      Income-Producing Commercial Asset in Whitesboro

      2,400 SF office suite with 10 individual office spaces.
      108 E Main St, Whitesboro, TX 76273
      View Details
    • $799,000
      1,904 SF

      Equestrian Property Near Whitesboro, Texas

      Horse property with modern home, barn, and ample space.
      27403 State Highway 56, Whitesboro, TX 76273
      View Details
    • $1,849,900
      2,140 SF

      Whitesboro Ranch with Arena

      25-acre working ranch with arena and barns in Whitesboro, TX.
      4378 Old Town Rd, Whitesboro, TX 76273
      View Details
    • $675,000
      9.95 Acres

      Equine Facility in Horse Country

      Turn-key horse facility on 10 acres in Whitesboro, Texas.
      4113 W Line Rd, Whitesboro, TX 76273
      View Details
    • $1,890,000
      1,176 SF

      Texas Horse and Cattle Ranch

      Almost 40-acre ranch ready for cattle and horses.
      204 County Road 107, Whitesboro, TX 76273
      View Details
    • $1,890,000
      1,176 SF

      Turnkey Ranch with Barndominium

      Almost 40-acre ranch featuring a barndominium and equestrian facilities.
      204 County Road 107, Whitesboro, TX 76273
      View Details
    • New
      $2,300,000
      2,439 SF

      Turnkey Equine Property in Whitesboro

      Income-producing ranch with equestrian facilities and commercial opportunities.
      9739 E Us Highway 82, Whitesboro, TX 76273
      View Details
    • $1,875,000
      2,811 SF

      Whitesboro Farm and Ranch Retreat

      Remodeled home on 25 acres with equestrian potential.
      11362 Highway 82 E, Whitesboro, TX 76273
      View Details
    • $1,795,000
      3,014 SF

      Equestrian Estate on 28 Acres

      Private Whitesboro estate designed for comfort, entertainment, and equestrian life.
      993 County Line Rd, Whitesboro, TX 76273
      View Details
    • $1,375,000
      1,500 SF

      Premier Equine Facility on 20 Acres

      Turnkey equestrian property with prime location and excellent accessibility.
      15084 Us Highway 377, Whitesboro, TX 76273
      View Details
    • $1,799,999
      4,490 SF

      Equine Paradise with Two Brick Homes

      23-acre equine paradise featuring two identical brick homes.
      777 Stiles Rd, Whitesboro, TX 76273
      View Details

    FAQs

    What type of property is this?
    Ranch - Versatile 100-acre ranch suitable for investment, development, or private use.
    Where is this ranch located?
    The property is located at Fm 901 Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in the path of Dallas-Fort Worth Metroplex expansion.; - 100 acres with approximately 700 feet of road frontage on FM 901.; - Located between U.S. 377 and Preston Road, near Sherman and Collinsville.
    (888) 726-2481
    Request Owner's contact information
    Fm 901 Whitesboro, TX 76273
    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 901
    Whitesboro, TX 76273
    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 901 Whitesboro, TX 76273
    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
    J Bryan Pickens
    Real Estate License ID: 0592462
    (888) 726-2481 (214) 552-4417
    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!