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 Cr 304 Comanche, TX 76442

    Sponsored
    For Sale
    $589,900

    Ranch - Comanche, TX

    Type:Ranch
    Lot size:
    20.54 Acres
    Days on Market:
    284
    Last Refresh:
    Jan 19 at 2:06 am

    Property Features for Tbd Cr 304

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    9501
    Lot size
    20.54 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Joshua Ritchey

    Keller Williams Heritage West (254) 335-0500 [email protected]

    Listing agent Joshua Ritchey (254) 335-0500

    Listing date Apr 11, 2025

    MLS# 20899587 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

    Comanche County Ranch with Creek

    This 20.54-acre property is located in Comanche County and includes a 60x40 insulated barn with 200-amp service and concrete floors. The barn features three roll-up doors, each with a concrete driveway for access. Indian Creek winds through the back of the property. The property is suited for use as a workshop, storage space, or a barndominium. Adjoining acreage is available for sale.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Comanche
    County
    Comanche
    State
    Texas
    Longitude
    -98.537194
    Latitude
    31.89186

    Nearby Similar for Sale

    • $3,650,000
      235.29 Acres

      Premier Ranch with Trophy Exotics

      Turn-key ranch featuring luxury living and exceptional recreation on 235+ acres.
      3021 Fm-1689, Comanche, TX 76442
      View Details
    • $999,999
      0.24 Acres

      Historic Buildings in Comanche, Texas

      Three restored buildings with versatile space and income streams.
      120/124 N Austin St, Comanche, TX 76442
      View Details
    • $895,000
      2,462 SF

      Secluded Ranch with Modern Home

      40.19 acre ranch featuring a modern, well-appointed home.
      823 County Road 116, Comanche, TX 76442
      View Details
    • $515,000
      0.08 Acres

      Turnkey Beer Garden in Historic Building

      Thriving beer garden in restored 1913 building on town square.
      120 N Austin St, Comanche, TX 76442
      View Details
    • $1,500,000
      7,696 SF

      Comanche Retail/Restaurant Opportunity

      Storefront commercial property in Comanche, ideal for retail or restaurant.
      405 407 409 E Central A Central, Comanche, TX 76442
      View Details
    • $75,000
      0.06 Acres

      Lake Proctor Getaway Spot

      Two adjoining lots with a 2018 travel trailer near Lake Proctor.
      357 Discovery Bay Rd, Comanche, TX 76442
      View Details
    • $849,000
      5,823 SF

      Comanche Retail and Warehouse Property

      Renovated retail store with warehouse and drive-through loading.
      401 E Central Ave, Comanche, TX 76442
      View Details
    • $750,000
      1.64 Acres

      Comanche Multifamily Investment Opportunity

      16-unit multifamily property in Comanche, Texas, for sale.
      1316 N Mary St, Comanche, TX 76442
      View Details
    • $750,000
      13,106 SF

      Comanche Multifamily Investment Opportunity

      16-unit multifamily property in Comanche, Texas with value-add potential.
      1316 N Mary St, Comanche, TX 76442
      View Details
    • New
      $199,900
      0.59 Acres

      Comanche Warehouse Near Highway

      Large warehouse near highways 377 and 67 in Comanche, TX.
      103 Indian Creek Dr, Comanche, TX 76442
      View Details
    • $1,150,000
      73.28 Acres

      Operational Pecan Farm in Comanche

      Turn-key pecan farm with processing facilities and equipment included.
      751 County Road 424, Comanche, TX 76442
      View Details
    • $2,200,000
      365.21 Acres

      Productive Ranch with Highway Frontage

      Texas ranch featuring hunting, cattle opportunities, and water resources.
      17900 S Tx-16, Comanche, TX 76442
      View Details

    FAQs

    What type of property is this?
    Ranch - 20.54 acres featuring a barn and Indian Creek.
    Where is this ranch located?
    The property is located at Tbd Cr 304 Comanche, TX.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: - 20.54 acres of land in Comanche County; - 60x40 insulated barn with 200-amp service and concrete floors; - Three roll-up doors with individual concrete driveways for barn access
    (254) 335-0500
    Request Owner's contact information
    Tbd Cr 304 Comanche, TX 76442
    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 Cr 304
    Comanche, TX 76442
    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 Cr 304 Comanche, TX 76442
    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
    Joshua Ritchey
    (254) 335-0500
    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.