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 21 PR 4173 Marquez, TX 77865

    View on Map
    Claim this Listing
    For Sale
    $129,900

    Unimproved Land - Marquez, TX

    Type:Unimproved Land
    Lot size:
    5.30 Acres
    Added:
    Nov 7, 2025
    Days on Market:
    163
    Last Refresh:
    Apr 19 at 12:06 pm

    Property Features for Lot 21 PR 4173

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    003420040000021000000
    Lot size
    5.30 Acres

    Taxes and HOA fees

    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rachel Anderson
    Rachel Anderson

    Listing agent Rachel Anderson License #0461326

    Listing office Rachel Anderson Real Estate 413 Main St, Teague, TX

    Listing date Nov 7, 2025

    MLS# 20933603 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

    Horseshoe Lake Ranch Land

    This 5.3 acre property, known as Horseshoe Lake Ranch, is centrally located between Houston and Dallas, just off I-45. The land features a gated entrance, pasture land with hardwoods, and deer roaming freely. It benefits from low taxes through AG valuation. A stocked lake with bass and a lakeside park with a pavilion are present. The property is suitable for building now or later, with the option to choose your own builder. Water and electric are available, while a septic system is required. Oil screen roads provide access. Premier water recreation is available nearby on lakes, including Lake Limestone and Fort Boggy State Park.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Marquez
    County
    Leon
    State
    Texas
    Longitude
    -96.2362
    Latitude
    31.2206

    Nearby Similar for Sale

    • $185,000

      Serene Homesite with Lake Access

      3.03-acre homesite with lake access in Marquez, Texas.
      3803 Private Road 4100, Marquez, TX 77865
      View Details
    • $185,000

      Serene Homesite in Marquez, Texas

      3.03-acre homesite with lake access, between Dallas and Houston.
      3803 Private Road 4100, Marquez, TX 77865
      View Details
    • $150,000

      Cleared Land in Leon County

      10.49 acres of cleared land near Normangee, Texas.
      County Road 470, Marquez, TX 77871
      View Details
    • $157,500

      Land with Creek and Lake

      5 acre tract with creek, lake, and mature trees.
      Lot 40 PR 4174, Marquez, TX 77865
      View Details
    • $2,700,000

      Leon County Ranch Land

      308+ acres in Leon County, ideal for hunting and recreation.
      308.844 Acres TBD FM 1469, Marquez, TX 77865
      View Details
    • $450,000
      2,400 SF

      Versatile Commercial Property on Highway 7

      3-acre commercial property with high visibility and multi-use potential.
      447 N Commerce, Marquez, TX, 77865-5437
      View Details
    • $2,650,000
      2,400 SF

      160-Acre Ranch with Ranch-Style Home

      160-acre ranch featuring a 2,400 sq ft ranch-style home.
      1728 Cr 384, Marquez, TX 77865
      View Details
    • $283,227

      Marquez Land Investment Opportunity

      26 acres of pastureland with agricultural and investment potential.
      FM 387 Farm To Market Road, Marquez, TX 77865
      View Details
    • $1,500,000

      Marquez Multi-Use Commercial Property

      6-acre commercial property with multiple buildings in Marquez, Texas.
      17552 US-79, Marquez, TX
      View Details
    • $1,500,000
      31,500 SF

      Versatile Commercial/Industrial Facility in Texas

      31,500 SF facility on 6 acres with highway access.
      17552 US-79, Marquez, TX 77865
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5.3 acre unimproved land near I-45, Marquez, TX.
    Where is this agricultural land / farmland located?
    The property is located at Lot 21 PR 4173 Marquez, TX.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: Centrally located between Houston & Dallas with easy access off I‑45.; Gated entrance for privacy and security.; Enjoy the stocked lake with bass and lakeside park with pavilion.
    (254) 739-2942
    We can help!
    Listing Contact
    Rachel Anderson
    Rachel Anderson
    Real Estate License ID: 0461326
    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!