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    Tbd County Rd 352 Carbon, TX 76435

    Sponsored
    For Sale
    $2,250,000

    Improved Land - Carbon, TX

    Property size:
    3,000 SF
    Lot size:
    305.00 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 2 at 9:06 am

    Property Features for Tbd County Rd 352

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    00000
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    3,000 SF
    Lot size
    305.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2014
    Architectural style
    Other

    We can help!

    Listing Contact
    Bodie Stark
    Bodie Stark

    Keller Williams Heritage West (817) 441-4000

    Listing agent Bodie Stark (817) 441-4000 License #0631850

    Listing date Feb 27, 2026

    MLS# 21192584 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

    305-Acre High-Fenced Ranch

    This 305-acre high-fenced ranch, located near Carbon, Texas, offers panoramic views from a hilltop setting. The property is completely high-fenced and cross-fenced. The land is currently home to approximately 40 Fallow Deer and 17 Red Deer, making this a turnkey recreational, hunting, or investment opportunity. Outdoor functionality meets ranch practicality with an oversized detached garage with workspace and 50-amp plug, a covered outdoor cooking area, a dedicated meat processing room and storage, and a 25x22 carport. The approximately 3000 sq ft custom home offers sweeping views from an expansive front room. Bay windows frame the countryside, and a wood-burning fireplace creates a setting for quiet evenings. The chef’s kitchen features custom pecan cabinetry, granite countertops, a farm sink, and a large island that flows seamlessly into the living area anchored by a wood-burning stove. The primary suite includes a walk-in closet with a built-in secure gun safe room reinforced with metal plating. A vaulted-ceiling man cave houses a Family Safe tornado shelter. The property is located less than 90 minutes from DFW.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Carbon
    County
    Eastland
    State
    Texas
    Longitude
    -98.77089586
    Latitude
    32.2321812

    Nearby Similar for Sale

    • $665,000
      102.35 Acres

      Carbon, TX Ranch Land

      102+ acre ranch featuring improved coastal and mature trees.
      Tbd Co Rd 295, Carbon, TX 76435
      View Details
    • $641,700
      92.00 Acres

      Eastland County Ranch Land

      92-acre ranch land with open pasture and scattered trees.
      000 Co Rd 400, Carbon, TX 76435
      View Details

    FAQs

    What type of property is this?
    Ranch - Luxury ranch with panoramic views, high fences, and custom home.
    Where is this ranch located?
    The property is located at Tbd County Rd 352 Carbon, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - 305-acre high-fenced ranch offering privacy, panoramic views, and turnkey recreational/hunting opportunities with approximately 40 Fallow Deer and 17 Red Deer.; - Custom 3000 sq ft home with chef’s kitchen (pecan cabinetry, granite countertops, farm sink, large island), expansive front room with bay windows, and wood-burning fireplace.; - Primary suite with walk-in closet including a built-in secure gun safe room reinforced with metal plating.
    (817) 441-4000
    Request Owner's contact information
    Tbd County Rd 352 Carbon, TX 76435
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    Carbon, TX 76435
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    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 352 Carbon, TX 76435
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    We can help!
    Listing Contact
    Bodie Stark
    Bodie Stark
    Real Estate License ID: 0631850
    (817) 441-4000 (817) 771-1705
    Learn more
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