Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd HWY 289 Omaha, TX 75571

    View on Map
    Claim this Listing
    For Sale
    $470,000

    Ranch - Omaha, TX

    Type:Ranch
    Lot size:
    58.77 Acres
    Added:
    May 6, 2025
    Days on Market:
    363
    Last Refresh:
    May 3 at 12:06 am

    Property Features for Tbd HWY 289

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    4986
    Lot size
    58.77 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Christie Cox

    Listing agent Christie Cox

    Listing office Keller Williams Heritage West 100 S. Oakridge Dr., Ste. 115, Weatherford, TX

    Listing date May 6, 2025

    MLS# 20597297 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.

    Overview

    58 Acres of Prime Land

    This is a rare opportunity to acquire 58 acres of land featuring Tipton 85 Bermuda Grass. The property has frontage roads on two sides, providing easy access and privacy. It includes two access gates and a tranquil pond. The land offers versatility for agricultural pursuits, residential development, or private retreats. Located on highway 259, this parcel offers a blend of rural tranquility and modern convenience.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Omaha
    County
    Morris
    State
    Texas
    Longitude
    -94.7386676
    Latitude
    33.1926728

    Nearby Similar for Sale

    • $620,000

      Pasture Land in Omaha, Texas

      124-acre pasture land ideal for cattle grazing.
      CR 3330, Omaha, TX 75571
      View Details
    • $39,000

      Two Acre Corner Lot

      Two acre corner lot with pasture and mature trees.
      Tbd CR 4301 Plainview Rd, Omaha, TX 75571
      View Details
    • $99,000

      Unrestricted Land in Morris County

      17.1 acres with utilities, pond, and creek near Omaha.
      0 Co Rd 3109, Omaha, TX 75571
      View Details
    • $544,083

      Northeast Texas Ranch Land

      Pasture and mature forest blend near Mount Pleasant, Texas.
      0 County Road 3311, Omaha, TX 75571
      View Details
    • $78,900

      Omaha, TX Hilltop Homesite

      5.26 acre hilltop property ready for your dream home.
      County Road 3347, Omaha, TX 75571
      View Details
    • $314,900

      Omaha, TX Poultry Farm

      Operating poultry farm with four houses on 8.2 acres.
      Tbd CR 3327, Omaha, TX 75571
      View Details
    • $564,697

      Omaha, TX Rural Acreage

      132.87 acres of land for hunting and fishing.
      TBD CR 3314, Omaha, TX 75571
      View Details
    • $469,000

      58 Acre Pasture Land

      Improved pasture land suitable for horses, cattle, hay, or development.
      TBD Hwy 259, Omaha, TX 75571
      View Details
    • $725,000

      Income Producing Poultry Farm

      Broiler poultry farm on 42.325 acres with ponds and loafing shed.
      283 CR 3340, Omaha, TX 75571
      View Details
    • $370,637

      Expansive Acreage in Titus County

      46+ acre property perfect for a dream home or recreation.
      TBD CR 4325, Omaha, TX 75571
      View Details
    • $2,927,370

      Texas Ranch with Pasture Hills

      504-acre ranch featuring pasture hills, ponds, and mature trees.
      1145 N Highway 144, Omaha, TX 75571
      View Details
    • $39,900

      Omaha, TX Wooded Acreage

      Approximately 3 acres of unrestricted wooded land with road frontage.
      TBD CR 1235, Omaha, TX 75571
      View Details

    FAQs

    What type of property is this?
    Ranch - 58 acres with Tipton 85 Bermuda Grass and tranquil pond.
    Where is this ranch located?
    The property is located at Tbd HWY 289 Omaha, TX.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: 58 acres of land with Tipton 85 Bermuda Grass.; Frontage roads on two sides for easy access and privacy.; Two access gates and a tranquil pond.
    (817) 441-4000
    We can help!
    Listing Contact
    Christie Cox
    Real Estate License ID: 0814526
    Learn More
    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

    Tbd HWY 289, Omaha, TX 75571

    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!