Your AI Navigator in Commercial Real Estate
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

    Tbd County Rd 298 Dublin, TX 76446

    Sponsored
    For Sale
    $1,953,360

    Unimproved Land - Dublin, TX

    Type:Unimproved Land
    Lot size:
    162.78 Acres
    Days on Market:
    35
    Last Refresh:
    Jan 18 at 3:06 pm

    Property Features for Tbd County Rd 298

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    TBD
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    162.78 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Annette Caldwell
    Annette Caldwell

    Avalon Real Estate, LLC (254) 592-5308 [email protected]

    Listing agent Annette Caldwell (254) 592-5308 License #0669595

    Listing date Dec 15, 2025

    MLS# 21098400 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

    162.78 Acres in Erath County

    This 162.78-acre property is located in Erath County, between Stephenville and Dublin, Texas, off Highway 377. Situated a few miles from the highway, it offers a blend of country living and convenient access to both cities. The property features high elevation with views towards Dublin. The varied terrain highlights the elevation changes, and wooded areas provide refuge for wildlife and hunting opportunities. It includes 150.46 feet of frontage on County Road 298. The land has two fenced coastal fields and several dry tanks. The property is partially fenced with five-strand barbed wire.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Dublin
    County
    Erath
    State
    Texas
    Longitude
    -98.2597
    Latitude
    32.143835

    Nearby Similar for Sale

    • $650,000
      2,767 SF

      Custom Home on 13 Acres

      Custom-built home with workshop on 13 acres in Dublin, TX.
      615 Cr 358, Dublin, TX 76446
      View Details
    • $625,000
      0.31 Acres

      Historic Downtown Dublin Hotel Opportunity

      Historic hotel with residential and commercial potential in downtown Dublin.
      226 E Blackjack St, Dublin, TX 76446
      View Details
    • $795,000
      912 SF

      Improved Farm/Ranch Near Dublin, TX

      Homesteading, remote work, or weekend retreat property near Dublin and Stephenville.
      12749 Fm 847, Dublin, TX 76446
      View Details
    • $4,000,000
      13.99 Acres

      Historic Property with Highway Frontage

      Unique property with multiple income streams near Stephenville and Dublin.
      8080 S Us Highway 377, Dublin, TX 76446
      View Details
    • $1,058,000
      92.99 Acres

      Picturesque Ranch Near Dublin, Texas

      Secluded 92-acre ranch with abundant wildlife and included equipment.
      15075 Cr 355, Dublin, TX 76446
      View Details
    • $699,000
      1,680 SF

      Texas Ranch with Modern Home

      Move-in ready ranch featuring a new doublewide home on 45+ acres.
      4109 County Road 328, Dublin, TX 76446
      View Details
    • $1,950,000
      2,196 SF

      Family Ranch with Sandy Loam

      Multi-generational 74.27-acre farm with rock home near Stephenville, TX.
      2036 County Road 242, Dublin, TX 76446
      View Details
    • $289,000
      1,688 SF

      Dublin Farm and Ranch Opportunity

      11.75-acre farm with home, barn, and hunting potential.
      180 Cr 436, Dublin, TX 76446
      View Details
    • $119,000
      0.21 Acres

      Dublin Triplex with Income Potential

      Three-unit property in Dublin, TX, with strong rental potential.
      224 Pecan St, Dublin, TX 76446
      View Details
    • $2,850,000
      162.56 Acres

      Dublin Ranch with Water Features

      Ranch property featuring multiple water sources and extensive amenities.
      31772 W Fm 8, Dublin, TX 76446
      View Details
    • $600,000
      0.95 Acres

      Refurbished Commercial Property in Dublin

      Multi-use commercial property in Dublin, TX, ready for business.
      202 E Clinton St, Dublin, TX 76446
      View Details
    • $5,000,000
      20.09 Acres

      Turnkey Winery and Brewery Estate

      20-acre winery and brewery with vineyards, tasting room, and residence.
      675 County Road 497, Dublin, TX 76446
      View Details

    FAQs

    What type of property is this?
    Agricultural land - Unimproved land between Stephenville and Dublin off Hwy 377.
    Where is this agricultural land located?
    The property is located at Tbd County Rd 298 Dublin, TX.
    What is the asking price?
    The asking price for this property is $1,953,360.
    What are key features of this property?
    This property features: - 162.78 acres in Erath County **offering high elevation and spectacular views towards Dublin.**; - Ideal location between Stephenville and Dublin, offering country living with city convenience.; - Two completely fenced coastal fields.
    (254) 592-5308
    Request Owner's contact information
    Tbd County Rd 298 Dublin, TX 76446
    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 County Rd 298
    Dublin, TX 76446
    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 County Rd 298 Dublin, TX 76446
    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
    Annette Caldwell
    Annette Caldwell
    Real Estate License ID: 0669595
    (254) 592-5308
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.