Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Texas Land Ideal for Recreation Title is generated by Realmo AI

    Tbd Oilfield Road, Jacksboro, TX 76458

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    Unimproved Land - Jacksboro, TX

    Type:Unimproved Land
    Lot size:
    228.26 Acres
    Added:
    May 24, 2026
    Days on Market:
    8
    Last Refresh:
    May 31 at 6:06 pm

    Property Features for Tbd Oilfield Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    225722103400100000000
    Lot size
    228.26 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gina Teague
    Gina Teague

    Listing agent Gina Teague License #0562524

    Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th flr, Austin, TX

    Listing date May 24, 2026

    MLS# 21083028 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.

    HighLights

    • 228± acres of unrestricted Texas land ideal for ranching, recreation, or a private retreat.
    • Located just 5 miles from Jacksboro, offering convenient access to amenities.
    • Abundant wildlife including whitetail deer, wild hogs, turkey, quail, and dove, perfect for hunting enthusiasts.
    • Three ponds providing water for livestock, wildlife and fishing.
    • Fully fenced with potential to re‑establish an agricultural exemption.
    • Rolling pasture, mature hardwoods, and native grasses create a diverse and appealing landscape.

    Overview

    This 228-acre property is located just outside of Jacksboro, Texas, approximately 5 miles from town, providing convenient access to amenities. The land features rolling pasture, mature hardwoods, and native grasses, offering excellent cover for wildlife. It is fully fenced and was previously used for agriculture. Three ponds provide water for livestock and wildlife and offer fishing opportunities. Wildlife is abundant, including whitetail deer, wild hogs, turkey, quail, and dove. The property is suited for cattle, horses, hunting, or recreation. With no city restrictions, the land offers flexibility for various uses, including operating a working ranch or creating a recreational retreat. The property is ideal for recreational activities such as ATV riding and exploring trails. The landscape offers opportunities for hunting, fishing, and enjoying the outdoors. The property previously held an agricultural exemption, which could likely be re-established with qualifying agricultural use.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Jacksboro
    County
    Jack
    State
    Texas
    Longitude
    -98.1467
    Latitude
    33.301

    Nearby Similar for Sale

    • $319,950

      Prime Commercial Property in Jacksboro, TX

      Centrally located commercial property near Jacksboro's historic town square.
      212 N Church Street, Jacksboro, TX 76458
      View Details
    • $939,000
      17,000 SF

      Downtown Jacksboro Square Prime Location

      Four units with leasable space in downtown Jacksboro, Texas.
      128 N North Church Street, Jacksboro, TX 76458
      View Details
    • $1,225,000
      3,774 SF

      Texas Haven on Rolling Acres

      Spacious 4-bedroom home on 18 acres in Jacksboro, TX.
      735 Gresham Lane, Jacksboro, TX 76458
      View Details
    • $1,295,000
      2,584 SF

      Turnkey Ranch with STOL Runways

      70.7-acre ranch with home, shop, ponds, and runways.
      10650 FM 1156, Jacksboro, TX 76458
      View Details
    • $1,150,000
      2,700 SF

      Texas Ranch with Extensive Improvements

      Well-maintained 63-acre ranch featuring multiple residences and outbuildings.
      7203 Pump Station Road, Jacksboro, TX 76458
      View Details
    • $229,000

      Jacksboro Office Building For Sale

      5,000 SF office building with income potential in Jacksboro.
      124 N Church Street, Jacksboro, TX 76458
      View Details
    • $3,490,000
      3,652 SF

      Texas Ranch Retreat with Views

      Custom-built ranch on 287 acres with Spanish Mediterranean design.
      2688 FM 2190, Jacksboro, TX 76458
      View Details
    • $199,000

      Jacksboro Warehouse on Courthouse Square

      4,600 SF warehouse building in Jack County, Texas.
      126 N Church Street, Jacksboro, TX 76458
      View Details
    • $329,000

      Versatile Commercial Property on Main

      Highly visible commercial property with great access and abundant parking.
      1465 N Main Street, Jacksboro, TX 76458
      View Details
    • $229,000

      Warehouse Building Near Courthouse

      5,000 SF warehouse building near Jack County courthouse.
      128 N Church Street, Jacksboro, TX 76458
      View Details
    • $800,000
      1,200 SF

      Texas Ranch with Fenced Acres

      31.84-acre ranch featuring ponds, creeks, trails, and a home.
      421 Erwin Road, Jacksboro, TX 76458
      View Details
    • $800,000
      1,200 SF

      Texas Ranch with Fenced Acres

      31.84-acre ranch featuring a home, ponds, and trails.
      421 Erwin, Jacksboro, TX 76458
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 228-acre Texas land perfect for recreation and country living.
    Where is this agricultural land / farmland located?
    The property is located at Tbd Oilfield Road Jacksboro, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 228± acres of unrestricted Texas land ideal for ranching, recreation, or a private retreat.; Located just 5 miles from Jacksboro, offering convenient access to amenities.; Abundant wildlife including whitetail deer, wild hogs, turkey, quail, and dove, perfect for hunting enthusiasts.
    (888) 519-7431
    We can help!
    Listing Contact
    Gina Teague
    Gina Teague
    Real Estate License ID: 0562524
    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 Oilfield Road, Jacksboro, TX 76458
    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!