Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5.12 Acre Land in Comanche Title is generated by Realmo AI

    Meadow Lane lot 124, Comanche, TX 76442

    View on Map
    Claim this Listing
    For Sale
    $60,000

    LAND - Comanche, TX

    Lot size:
    5.12 Acres
    Added:
    Jan 13, 2026
    Days on Market:
    141
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for Meadow Lane lot 124

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000000066501
    Lot size
    5.12 Acres

    Taxes and HOA fees

    Tax Description
    MERCERS PRESERVE, LOT 124, ACRES 5.12
    Tax Annual Amount
    330

    We can help!

    Listing Contact
    Lauren Glenn

    Listing agent Lauren Glenn License #0812769

    Listing office Ebby Halliday Realtors Forney, TX

    Listing date Jan 13, 2026

    MLS# 21151624 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

    • 5.12 acre parcel offers ample space for building a dream home or retreat.
    • Located in the gated community of Mercer's Preserve.
    • Offers privacy and natural beauty with lush vegetation and majestic trees.
    • Access to a private lake and picnic areas.
    • Tranquil setting away from the city.
    • Seller is motivated.

    Overview

    This 5.12-acre property is located in Mercer’s Preserve, a gated community offering privacy and natural beauty. The land is surrounded by vegetation and trees, providing a peaceful environment. It offers space for gardens and outdoor activities. The private community includes access to a private lake and picnic areas. The property will require power, a well, and septic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Comanche
    County
    Comanche
    State
    Texas
    Longitude
    -98.59433109
    Latitude
    31.84599622

    Nearby Similar for Sale

    • $195,000

      Flex Space with Warehouse and Offices

      Office buildout plus warehouse space with insulated walls and roll-up and sliding doors supports a wide range of service uses.
      7680 Highway 67, Comanche, TX 76442
      View Details
    • $1,299,000
      2,675 SF

      Comanche Farm and Equestrian Property

      37.8-acre farm with equestrian facilities and two homes.
      2026 Cr 103 County Rd 103, Comanche, TX 76442
      View Details
    • $350,000

      Live-Work Office Property

      Renovated live-work office with an upstairs 1-bedroom apartment and multiple downstairs offices near the town square.
      306 N Austin Street, Comanche, TX 76442
      View Details
    • $265,000

      Updated Retail Building with Parking

      Updated retail building in Comanche offering flexible interior space, multiple mini-split HVAC units, and convenient front and rear parking.
      1303 E Central Avenue, Comanche, TX 76442
      View Details
    • $1,200,000
      7,696 SF

      Comanche Retail Storefront Opportunity

      Exceptional 7,696 SF commercial property in the heart of Comanche, TX.
      405, 407, 409 E Central a Central, Comanche, TX 76442
      View Details
    • $299,000

      Industrial Flex Property with Two Shops

      Two metal shops with multiple roll-up doors and office space offer flexible industrial and rental potential.
      503 central, Comanche, TX 76442
      View Details
    • $125,000

      Corner Lot Retail Building Opportunity

      Corner retail building with highway frontage, three-room layout, and a rustic porch—ideal for renovation and adaptive reuse.
      800 W Central Avenue, Comanche, TX 76442
      View Details
    • $625,000

      Historic Mixed-Use Downtown Building

      Three-story mixed-use building with street-level retail, apartments, and a large ballroom-style event space.
      100 W Central Avenue, Comanche, TX 76442
      View Details
    • $737,205

      Partially Irrigated Ranch Land

      Partially irrigated acreage with established fencing and county road access, suited for rural home and agricultural use.
      494 Cr 408, Comanche, TX 76442
      View Details
    • $1,150,000

      Turn-Key Pecan Orchard & Processing

      Fully operational pecan farm with contiguous orchard, irrigation agreement, and on-site processing and shipping facilities.
      751 County Road 424, Comanche, TX 76442
      View Details
    • $195,000

      Waterfront Ready-to-Build Land

      Cleared waterfront lot with electric available, offering space for a custom home and room for outdoor recreation.
      661 Comanche Lake Road, Comanche, TX 76442
      View Details
    • $900,000

      149 Acres of Coastal Grassland

      149.54 acres of improved pasture land near Comanche, Texas.
      Hwy 2247, Comanche, TX 76442
      View Details

    FAQs

    What type of property is this?
    Land - 5.12 acre lot in gated community, build your dream home.
    Where is this land located?
    The property is located at Meadow Lane lot 124 Comanche, TX.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 5.12 acre parcel offers ample space for building a dream home or retreat.; Located in the gated community of Mercer's Preserve.; Offers privacy and natural beauty with lush vegetation and majestic trees.
    (972) 772-1369
    We can help!
    Listing Contact
    Lauren Glenn
    Real Estate License ID: 0812769
    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
    Meadow Lane lot: 124, Comanche, TX 76442
    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!