Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Rock Creek Resort Title is generated by Realmo AI

    cayote springs, Gordonville, TX 76245

    View on Map
    Claim this Listing
    For Sale
    $105,000

    LAND - Gordonville, TX

    Lot size:
    0.60 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    173
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for cayote springs

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000000000
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Anu Dhawale

    Listing agent Anu Dhawale License #0571113

    Listing office Mayflower Realty Allen, TX

    Listing date Dec 11, 2025

    MLS# 21129989 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

    • Jack Nicklaus designed golf course community with included Golf Club membership and low monthly dues ($106).
    • Located in Rock Creek Resort, a 1300‑acre gated community on Lake Texoma, approximately 1 hour North of Dallas.
    • Access to luxury amenities including pool, tennis, hike and bike trails, basketball, fitness facilities, clubhouse, restaurant, pro shop, and marina.
    • No time limit to build on the lot, which is just shy of a quarter acre.
    • Access to Lake Texoma for fishing and boating.
    • Guest Villa suites available for use (at a fee).

    Overview

    This unimproved land is located within the Rock Creek Resort, a master-planned, 1300-acre gated community on Lake Texoma, approximately one hour north of Dallas. The lot size is just under a quarter acre. The community offers luxury amenities, including a Jack Nicklaus-designed golf course. Ownership includes a Golf Club membership and use of facilities such as a pool, tennis courts, hike and bike trails, basketball court, guest villa suites (at a fee), fitness facilities, clubhouse, restaurant, pro shop, marina, fishing, and boating. Golf dues are $106 per month. There is no time limit to build. Mandatory HOA or POA dues are $685.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gordonville
    County
    Grayson
    State
    Texas
    Longitude
    -96.8872
    Latitude
    33.8367

    Nearby Similar for Sale

    • $489,000
      13,500 SF

      Gordonville Warehouse on Highway 377

      13,500 SF warehouse on 1.48 acres in Gordonville, TX.
      31633 Hwy 377 Highway, Gordonville, TX 76245
      View Details
    • $3,220,000
      5,500 SF

      92-Acre Ranch Near Lake Texoma

      92-acre ranch suitable for private use, events, or development.
      2887 Liberty Road, Gordonville, TX 76245
      View Details
    • $3,850,000
      1,828 SF

      Texas Ranch Near Lake Texoma

      197+ acre ranch with homes and outbuildings near Lake Texoma.
      850 Gordonville Road, Gordonville, TX 76245
      View Details
    • $349,000

      Gordonville, TX Land Investment

      1.984-acre tract near Lake Texoma and Rock Creek Golf Course.
      27960 US Highway 377, Gordonville, TX 76245
      View Details
    • $3,850,000

      Texas Ranch with Country Homes

      Generous ranch acreage near Lake Texoma with two homes, stocked tanks, and outbuildings suited for a working lifestyle.
      850 Gordonville Rd, Gordonville, TX 76245
      View Details
    • $180,000

      Secluded Land Near Lake Texoma

      4-acre treed property near Lake Texoma and Megastar Casino.
      1648 Gordonville Road, Gordonville, TX 76245
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land in a luxury resort community on Lake Texoma.
    Where is this land located?
    The property is located at cayote springs Gordonville, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: Jack Nicklaus designed golf course community with included Golf Club membership and low monthly dues ($106).; Located in Rock Creek Resort, a 1300‑acre gated community on Lake Texoma, approximately 1 hour North of Dallas.; Access to luxury amenities including pool, tennis, hike and bike trails, basketball, fitness facilities, clubhouse, restaurant, pro shop, and marina.
    (972) 904-5880
    We can help!
    Listing Contact
    Anu Dhawale
    Real Estate License ID: 0571113
    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
    cayote springs, Gordonville, TX 76245
    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!