Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ranch-Style Development Land Title is generated by Realmo AI

    11230 & 11229 Rand Road, Kaufman, TX 75142

    View on Map
    Claim this Listing
    Pending
    $674,900

    LAND - Kaufman, TX

    Lot size:
    51.17 Acres
    Added:
    Oct 3, 2025
    Days on Market:
    244
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 11230 & 11229 Rand Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    11230
    Lot size
    51.17 Acres

    Taxes and HOA fees

    Tax Description
    A J PAYNE, TRACT 116.00; 50.166 ACRES
    Tax Annual Amount
    11814

    We can help!

    Listing Contact
    Nyda Faith

    Listing agent Nyda Faith License #0647436

    Listing office Compass RE Texas, LLC Dallas, TX

    Listing date Oct 3, 2025

    MLS# 20968519 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

    • 51‑acre ranch parcel with open areas and woods, including two parcels: 11230 and 11229
    • Frontage and access to County Road 113, FM 1836, and County Road 110, with FM 1836 dividing the two parcels
    • No floodplain on the property
    • Becker Jiba is the water provider; two water mains are near the property and a water meter needs to be installed
    • Kaufman County jurisdiction over platting: currently 1 home allowed per acre (septic tank assumed); density increases require engineering studies
    • FM 1836 right‑of‑way listed as 100'–120' per the property land report; no survey available and no utilities currently on the land

    Overview

    This offering is a 51.166-acre ranch-style land parcel featuring open, spacious areas alongside wooded sections, providing flexibility for horses, crop production, or development planning. The property is comprised of two parcels, 11230 (the larger parcel) and 11229 (the smaller parcel). The seller reports there is no floodplain on the land. Per the available information, Kaufman County has jurisdiction over platting, and the property is currently limited to one home allowed per acre (with septic tank assumed).

    The land has frontage and access to County Road 113, FM 1836, and County Road 110, with FM 1836 described as dividing the parcels. The thoroughfare is identified as FM1836 Minor Arterial with a reported right-of-way width of 100'–120'. Becker Jiba is noted as the water provider, and they have confirmed two water mains are already near the property; a water meter installation is still needed. The documents also indicate there is no survey available and that there are currently no utilities on the land.

    With its mix of open areas and tree cover, this site can appeal to buyers looking for a private weekend retreat or a property to support equestrian and agricultural uses. For development-focused buyers, the current density assumption and the requirement for engineering studies to increase density should be reviewed early as part of site planning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kaufman
    County
    Kaufman
    State
    Texas
    Longitude
    -96.292777
    Latitude
    32.576737

    Nearby Similar for Sale

    • $250,000

      Downtown Two-Story Office Building

      Historic two-story building with multiple offices, dedicated parking, and strong visibility at a hard-corner location.
      505 S Washington Street, Kaufman, TX 75142
      View Details
    • $675,000

      Kaufman, TX 10-Acre Land Tract

      10 acres with highway frontage in growing Kaufman County.
      5915 E Hwy 175, Kaufman, TX 75142
      View Details
    • $249,000

      Investor-Ready Side-by-Side Duplex

      Side-by-side duplex with rent-ready 2BR/1BA units and potential for exterior cosmetic upgrades.
      400 N Jefferson Street, Kaufman, TX 75142
      View Details
    • $189,000

      Unzoned Vacant Commercial Land

      Versatile unzoned tract in Kaufman with easy access to major roads and plenty of flexibility for multiple development concepts.
      Hwy 175, Kaufman, TX 75142
      View Details
    • $381,803

      Industrial Land in Business Park

      Planned industrial community with city utilities and 3-phase power, suitable for a range of light commercial and industrial uses.
      Commerce Way Lot 15A, Kaufman, TX 75142
      View Details
    • $499,000

      Contiguous Commercial Land Lots

      Three equal lots offer flexible, level commercial development potential with strong visibility and convenient access to major thoroughfares.
      501 E Mulberry Street, Kaufman, TX 75142
      View Details
    • $2,295,000

      Development Land with Existing Dwellings

      Versatile tract with an existing residence and barndominium, offering flexibility for development, income, or interim use.
      9562 County Road 147, Kaufman, TX 75142
      View Details
    • $899,900

      Commercial Corner Lot Opportunity

      Corner lot zoned commercial, well-suited for a business site or shopping center pending city approval.
      Tx-34 & Washington, Kaufman, TX 75142
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - A 51-acre parcel with open areas and woods, suitable for horses, crops, and future development with utilities nearby.
    Where is this agricultural land / farmland located?
    The property is located at 11230 & 11229 Rand Road Kaufman, TX.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: 51‑acre ranch parcel with open areas and woods, including two parcels: 11230 and 11229; Frontage and access to County Road 113, FM 1836, and County Road 110, with FM 1836 dividing the two parcels; No floodplain on the property
    (214) 814-8100
    We can help!
    Listing Contact
    Nyda Faith
    Real Estate License ID: 0647436
    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
    11230 & 11229 Rand Road, Kaufman, TX 75142
    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!