Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    49.6 Acres Near Hamilton, TX Title is generated by Realmo AI

    Hwy 36 W, Hamilton, TX 76531

    View on Map
    Claim this Listing
    Pending
    $409,200

    LAND - Hamilton, TX

    Lot size:
    49.60 Acres
    Added:
    Apr 10, 2025
    Days on Market:
    419
    Last Refresh:
    Jun 2 at 8:06 pm

    Property Features for Hwy 36 W

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Pending
    APN
    17815
    Lot size
    49.60 Acres

    Taxes and HOA fees

    Tax Description
    677 A Parks-Acres 46 & 540 WM McConnell-Acres 3.6

    We can help!

    Listing Contact
    Dena Mcgregor

    Listing agent Dena Mcgregor License #0486737

    Listing office MCGREGOR REAL ESTATE Hamilton, TX

    Listing date Apr 10, 2025

    MLS# 20852649 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

    • 49.6 acres of land
    • Road frontage on two sides, including Hwy 36 W
    • Multiple suitable building sites
    • Includes a 6‑acre field for grazing or crops
    • Scattered live oaks and abundant cedar trees
    • Fenced perimeter

    Overview

    This 49.6-acre property is conveniently located near Hamilton, Texas, and offers road frontage on two sides, including frontage on Highway 36 W. The land presents several potential building sites for residential construction. The property features scattered live oak trees and abundant cedar, providing natural privacy. A small field, approximately 6 acres, could be utilized for growing improved grasses or for winter livestock grazing. The location may also suit commercial purposes for a business.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Hamilton
    County
    Hamilton
    State
    Texas
    Longitude
    -98.14093601
    Latitude
    31.71224773

    Nearby Similar for Sale

    • $1,399,000
      3,733 SF

      Hamilton Ranch Near Downtown

      54.9 acre ranch featuring a 3,250 sqft limestone home.
      502 N Brown Street, Hamilton, TX 76531
      View Details
    • $249,000
      2,026 SF

      Restaurant Opportunity on Highway 281

      Long-standing restaurant with expansion potential off Highway 281.
      702 S Rice Street, Hamilton, TX 76531
      View Details
    • $1,275,000
      3,962 SF

      Custom Home on 25 Acres

      Spacious home with acreage, ideal for livestock and recreation.
      998 Hwy 22 E, Hamilton, TX 76531
      View Details
    • $595,000
      1,891 SF

      Hamilton Ranch with Workshop

      10-acre ranch featuring a house, shops, and storage.
      1340 N US Hwy 281, Hamilton, TX 76531
      View Details
    • $450,000
      2,400 SF

      Hamilton TX Acreage with Buildings

      12 acres with metal and frame buildings near Hamilton.
      913 N Rice, Hamilton, TX 76531
      View Details
    • $725,000
      2,050 SF

      65 Acres with Workshop in Hamilton

      65.46-acre property with brick home, barns, and workshop in Hamilton, TX.
      1830 Fm 221, Hamilton, TX 76531
      View Details
    • $549,000

      Restaurant and Retail Building

      Multi-level building with commercial kitchen, multiple first-floor spaces, and separate second-floor access options near downtown.
      520 N Rice Street, Hamilton, TX 76531
      View Details
    • $825,000
      2,300 SF

      Versatile Land with Barndominium in Texas

      66.19 acres with barndominium, shop, and agricultural features.
      990 County Road 518, Hamilton, TX 76531
      View Details
    • $399,999
      1,514 SF

      Texas Ranch with Equestrian Potential

      17.88-acre ranch with home, outbuildings, and equestrian potential.
      998 FM218, Hamilton, TX 76531
      View Details
    • $2,900,000
      4,240 SF

      Hamilton County Ranch with Lodge

      400-acre property with lodge, workshop, and barns.
      5905 N US Highway 281 (400), Hamilton, TX 76531
      View Details
    • $1,900,000
      4,240 SF

      Texas Ranch with Bison History

      172-acre ranch in Hamilton County, ideal for recreation.
      5905 N US Highway 281 (172), Hamilton, TX 76531
      View Details
    • $724,900
      600 SF

      Texas Ranch with Renovated Cabin

      80-acre ranch featuring a renovated cabin and ample farmland.
      386 County Road 604, Hamilton, TX 76531
      View Details

    FAQs

    What type of property is this?
    Land - 49.6 acres with road frontage near Hamilton, Texas.
    Where is this land located?
    The property is located at Hwy 36 W Hamilton, TX.
    What is the asking price?
    The asking price for this property is $409,200.
    What are key features of this property?
    This property features: 49.6 acres of land; Road frontage on two sides, including Hwy 36 W; Multiple suitable building sites
    (254) 386-8464
    We can help!
    Listing Contact
    Dena Mcgregor
    Real Estate License ID: 0486737
    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
    Hwy 36 W, Hamilton, TX 76531
    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!