Sign Up Successful!
You now have access to more from Realmo!
    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

    Tbd Callaway Dr Quinlan, TX 75474

    Sponsored
    For Sale
    $125,000

    Unimproved Land - Quinlan, TX

    Type:Unimproved Land
    Lot size:
    1.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 4 at 5:06 am

    Property Features for Tbd Callaway Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    422842
    Lot size
    1.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jody Crocker

    1st Choice Realty (903) 356-4600

    Listing agent Jody Crocker (903) 356-4600 License #0600261

    Listing date Feb 3, 2026

    MLS# 21119221 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.

    Learn more

    Overview

    Acre Land Near Lake

    This is an acre of unimproved land suitable for building a home in a country setting. The property is located within walking distance of the lake and is set back from the road. The surrounding area offers views of the lake and meadows. The owner is offering flexibility such as owner finance with a minimum 50% down. There is also an option to tie in to the existing well. There is also an option to have lake access that would be worked out directly with the owner per an independent agreement between the buyer and seller. This area of Quinlan is quite and peaceful, its perfect to stargaze at night and enjoy the lake during the day, taking in all the natural beauty one looks for in a setting like this. No mobile homes are allowed. The property is located in Quinlan, Hunt County, Texas.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Quinlan
    County
    Hunt
    State
    Texas
    Longitude
    -96.077658
    Latitude
    32.939889

    Nearby Similar for Sale

    • $1,400,000
      5,500 SF

      Quinlan Office/Retail Development Opportunity

      Prime commercial lot with existing building and highway frontage.
      8866 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $449,000
      3,112 SF

      Quinlan Duplex with Income Potential

      Custom-built duplex in Quinlan, TX, ideal for investors or owner-occupants.
      109 N James St, Quinlan, TX 75474
      View Details
    • $2,000,000
      4,800 SF

      Farm/Ranch Near Lake Tawakoni

      75.8 acre farm/ranch property near Lake Tawakoni.
      1100 E Rabbit Cove Rd, Quinlan, TX 75474
      View Details
    • $450,000
      0.94 Acres

      Industrial Flex Space in Quinlan

      Industrial-flex space featuring office, warehouse, and storage in Quinlan, TX.
      10015 Fm 751, Quinlan, TX 75474
      View Details
    • $150,000
      1,200 SF

      Quinlan Ranch with Pasture

      Ranch property in Quinlan, Texas, suitable for cattle.
      516 Private 2308 Rd, Quinlan, TX 75474
      View Details
    • $349,900
      0.60 Acres

      Quinlan Warehouse/Distribution/Retail Opportunity

      4500 SF industrial building suitable for warehouse, retail, distribution.
      113 Frontier Dr, Quinlan, TX 75474
      View Details
    • $399,000
      1.45 Acres

      Mixed-Use Property with Income Potential

      Versatile commercial property featuring multifamily units, storage, and shop spaces.
      11103 Fm 751, Quinlan, TX 75474
      View Details
    • $515,000

      Unrestricted Land with Barndominium Home

      7.46 acres with updated barndominium, barn, and pond.
      6385 State Highway 34 S, Quinlan, TX 75474
      View Details
    • New
      $199,000
      0.30 Acres

      Renovated Retail Building in Quinlan

      Newly renovated retail building with land in downtown Quinlan, Texas.
      105 E Main St, Quinlan, TX 75474
      View Details
    • $422,999

      Quinlan Specialty Property For Sale

      Specialty property available for purchase in Quinlan, Texas.
      E Quinlan Pkwy, Quinlan, TX 75474
      View Details
    • $2,796,400
      3,000 SF

      Quinlan Office Space For Sale

      Office property with 3,000 square feet of space.
      8695 Tx-34, Quinlan, TX
      View Details
    • $279,500
      918 SF

      High-Traffic Quinlan Commercial Lot

      Prime Hwy 34 location, high visibility.
      8782 State Highway 34, Quinlan, TX 75474
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Acre of land near lake in Quinlan, Texas.
    Where is this residential land & home lot located?
    The property is located at Tbd Callaway Dr Quinlan, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - One acre of land within walking distance to the lake.; - Option for owner financing with a minimum 50% down payment.; - Option to tie into an existing well with highly-rated, pure water.
    (903) 356-4600
    Request Owner's contact information
    Tbd Callaway Dr Quinlan, TX 75474
    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.
    Tbd Callaway Dr
    Quinlan, TX 75474
    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
    Tbd Callaway Dr Quinlan, TX 75474
    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

    We can help!
    Listing Contact
    Jody Crocker
    Real Estate License ID: 0600261
    (903) 356-4600
    Learn more
    Google sign-in failed. Please try again or use another login method.