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

    Lot 12 FM-934 Blum, TX 76627

    View on Map
    For Sale
    $159,000

    Unimproved Land - Blum, TX

    Type:Unimproved Land
    Lot size:
    10.01 Acres
    Added:
    Dec 22, 2025
    Days on Market:
    102
    Last Refresh:
    Apr 3 at 5:06 am

    Property Features for Lot 12 FM-934

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    454153
    Lot size
    10.01 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Jung
    Tom Jung

    Listing agent Tom Jung License #0656828

    Listing office DIY Realty 1300 Summit Ave, Midland, TX

    Listing date Dec 22, 2025

    MLS# 21137310 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.

    Overview

    Blum, TX Unimproved Land

    This 10.01-acre parcel of unimproved agricultural land is located just south of Blum, TX. The property features high-elevation pastureland with long-range views and lake access. It has county road frontage and electric connection. The land has an agricultural exemption for lower taxes. Wildlife is abundant in the area. Restrictions include no pigs, peacocks, mobile homes, or commercial businesses. The registered address is 189 PR 11934, Blum, TX 76627.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Blum
    County
    Hill
    State
    Texas
    Longitude
    -97.375121
    Latitude
    32.079841

    Nearby Similar for Sale

    • $3,750,000
      4,255 SF

      Secluded Blum Estate with Acreage

      91-acre estate featuring a main residence, guest house, and equestrian facilities.
      1561 Fm 934, Blum, TX 76627
      View Details
    • $167,000
      2,184 SF

      Versatile Mixed-Use Property in Blum

      Flexible commercial, investment, or mixed-use property with income potential.
      202 S Avenue C, Blum, TX 76627
      View Details
    • $10,000,000

      99 Acres Mining Opportunity in Blum

      99 acres in Blum, Texas, ideal for aggregate mining.
      415 State Highway 174, Blum, TX 76627
      View Details
    • $280,000

      Blum, Texas Acreage with Cabin

      11 acres with workshop and cabin near Blum, Texas.
      224 Hcr 1114, Blum, TX 76627
      View Details
    • $590,000

      45 Acres of Hill Country Land

      Secluded 45-acre land with mature hardwoods and wildlife.
      Tbd 45 Acres HCR 1446 Road, Blum, TX 76627
      View Details
    • $695,000

      51.5 Acres of Unimproved Land

      Unrestricted 51.5-acre tract in Hill County with pond.
      Tbd 51.5 HCR 1157 Road, Blum, TX 76627
      View Details
    • $131,500

      8 Acres Wooded Land, Blum

      8 acres of wooded land near Lake Whitney in Blum.
      0 Creekwood Drive, Blum, TX 76627
      View Details
    • $795,000

      50 Acres of Coastal Land

      Ag-exempt 50-acre ranch land with coastal and road frontage.
      0000 HCR 1443, Blum, TX 76627
      View Details
    • $1,148,350

      96.5 Acres in Hill County

      Land with pasture, timber, dual access, near Fort Worth.
      Tbd 96.5 Acres Hcr-1446 Road, Blum, TX 76627
      View Details
    • $410,000

      30.3 Acres Near Lake Whitney

      30.3 acres of land, 10 minutes from Lake Whitney.
      Tbd Hcr-1153, Blum, TX 76627
      View Details
    • $214,000

      Land for Texas Ranch Lifestyle

      15.65 acres of land ready for Texas ranch lifestyle.
      000 Private Road 191, Blum, TX 76627
      View Details
    • $1,965,475

      Blum, TX Ranch Land

      135-acre ranch on the Nolan River in Blum, TX.
      Tbd HCR 1136, Blum, TX 76627
      View Details

    FAQs

    What type of property is this?
    Land - High-elevation pastureland with long-range views and lake access.
    Where is this land located?
    The property is located at Lot 12 FM-934 Blum, TX.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: Build now, pay later option: Build with the seller's builder and close only when the house is complete.; Spectacular long‑range views and stunning sunsets from high‑elevation pastureland.; Lake access for outdoor activities and recreation.
    (817) 765-6109
    We can help!
    Listing Contact
    Tom Jung
    Tom Jung
    Real Estate License ID: 0656828
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!