Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Improved Land in Boyd, Texas Title is generated by Realmo AI

    Tbd S Ewing, Boyd, TX 76023

    View on Map
    Claim this Listing
    For Sale
    $299,000

    Improved Land - Boyd, TX

    Lot size:
    2.71 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    39
    Last Refresh:
    May 23 at 1:06 pm

    Property Features for Tbd S Ewing

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Rv/Boat Parking, Stable/Barn, Storage, Storm Cellar, Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    798070
    Lot size
    2.71 Acres

    Building Details

    Year built
    2015
    Architectural style
    Other
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s), Storage

    We can help!

    Listing Contact
    Wendy Biondolillo
    Wendy Biondolillo

    Listing agent Wendy Biondolillo License #0724829

    Listing office Fathom Realty, LLC 6841 Virginia Pkwy #103-448, Hickory Creek, TX

    Listing date Apr 15, 2026

    MLS# 21152414 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

    • Usable acreage in Boyd with valuable infrastructure already in place.
    • Substantial 38x40 foam‑encapsulated workshop ideal for equipment storage, hobby farm, or future build.
    • Access to city water and sewer, reducing development costs and timelines.
    • Open pasture provides good grazing potential and functional space for recreational use or livestock.
    • Convenient location with a true Texas feel.
    • RV/Boat Parking, Stable/Barn, Storage, Storm Cellar, and Fence.

    Overview

    This versatile 2.713-acre property is located in Boyd, Texas, offering an excellent opportunity for buyers seeking usable land with valuable infrastructure already in place. The property features a substantial 38x40 foam-encapsulated workshop, ideal for equipment storage, hobby farm, or future build, designed for year-round efficiency and comfort. This tract is improved land with access to city water and sewer, a rare advantage that reduces development costs and timelines. Open pasture provides good grazing potential and functional space for recreational use or horses, chickens, goats, or future residential plans. This property offers flexibility for personal use or investment with infrastructure already in place. It presents a strong option for cash buyers seeking land with immediate usability and long-term upside.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Boyd
    County
    Wise
    State
    Texas
    Longitude
    -97.56785
    Latitude
    33.077893

    Nearby Similar for Sale

    • $525,000

      Highway Frontage Commercial Property

      2.5-acre commercial property with workshop and highway frontage.
      2910 E Highway 114, Boyd, TX 76023
      View Details
    • $549,000
      1,248 SF

      Texas Land with Equestrian Potential

      23+ acre property ideal for equestrian or rural living.
      194 Private Road 4663, Boyd, TX 76023
      View Details
    • $2,750,000
      5,002 SF

      Turn-Key Horse Property in Boyd, TX

      Luxury ranch on 50 acres, horse barn, and hayfield.
      8650 S Fm 730, Boyd, TX 76023
      View Details
    • $1,800,000
      1,798 SF

      Equestrian Property with Covered Arena

      Income-producing horse property with covered arena near metroplex.
      3166 Fm 2048, Boyd, TX 76023
      View Details
    • $1,800,000
      1,800 SF

      Equestrian Ranch with Covered Arena

      Income-producing horse property with covered arena near metroplex.
      3166 Fm 2048, Boyd, TX 76023
      View Details
    • $1,450,000
      2,400 SF

      Boyd Ranch with Productive Pasture

      39-acre ranch featuring a home, barn, and productive pasture.
      141 County Road 4793, Boyd, TX 76023
      View Details
    • $349,999

      8 Acres Unimproved Land, Boyd

      8 acres of versatile North Texas land with modern conveniences.
      319 County Road 4868, Boyd, TX 76023
      View Details
    • $1,210,000
      2,470 SF

      Boyd, TX Barndominium Farm/Ranch

      33-acre property with two barndominiums and equestrian amenities.
      283 County Road 4794, Boyd, TX 76023
      View Details
    • $87,500

      Residential Land in Gated Community

      Residential land in gated community with many amenities in Boyd, TX.
      123 Heritage Drive, Boyd, TX 76023
      View Details
    • $87,500

      Residential Land in Gated Community

      Residential land in gated community with many amenities in Boyd, TX.
      117 Heritage Drive, Boyd, TX 76023
      View Details
    • $595,000

      2.85 Acres in Boyd, TX

      2.85 acre lot suitable for residential or commercial development.
      108 N Agnew Street, Boyd, TX 76023
      View Details
    • $775,000

      61.34 Acres Recreational Land

      Recreational land with ponds, woods, and agricultural potential.
      0000 County Road 4698, Boyd, TX 76023
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Versatile acreage with workshop, city utilities, and grazing potential.
    Where is this agricultural land / farmland located?
    The property is located at Tbd S Ewing Boyd, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Usable acreage in Boyd with valuable infrastructure already in place.; Substantial 38x40 foam‑encapsulated workshop ideal for equipment storage, hobby farm, or future build.; Access to city water and sewer, reducing development costs and timelines.
    (888) 455-6040
    We can help!
    Listing Contact
    Wendy Biondolillo
    Wendy Biondolillo
    Real Estate License ID: 0724829
    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 S Ewing, Boyd, TX 76023
    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!