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    1214 Ross Ln Boyd, TX 76023

    For Sale
    $715,000

    Prime 22-Acre Tract, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 22-acre property in Boyd, Texas, presents a unique investment opportunity. Located in southern Wise County within the Springtown ISD, the land boasts a picturesque half-acre pond, adding to its aesthetic appeal and recreational potential. The property's versatility is a key selling point

    Property Features for 1214 Ross Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    958,320 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Electronics Store Computer & Electronic Repair Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boyd
    County
    Wise
    State
    Texas
    Longitude
    -97.60406
    Latitude
    32.9982

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 22-Acre Tract, Development Ready
    Where is this commercial real estate located?
    The property is located at 1214 Ross Ln Boyd, TX.
    What is the asking price?
    The asking price for this property is $715,000.
    Request Owner's contact information
    1214 Ross Ln Boyd, TX 76023
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    Boyd, TX 76023
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    Realmo Value Estimation

    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.

    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.

    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
    1214 Ross Ln Boyd, TX 76023
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