Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Versatile Land in Growing Millsap Title is generated by Realmo AI

    1160 Doss Road, Millsap, TX 76066

    View on Map
    Claim this Listing
    New
    For Sale
    $500,000

    Unimproved Land - Millsap, TX

    Type:Unimproved Land
    Lot size:
    6.48 Acres
    Added:
    May 28, 2026
    Days on Market:
    4
    Last Refresh:
    May 31 at 4:06 pm

    Property Features for 1160 Doss Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000126412
    Lot size
    6.48 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chelsea Dollar

    Listing agent Chelsea Dollar License #0792443

    Listing office Brazos River Land Company 100 Sosebee Bend, Longview, TX

    Listing date May 28, 2026

    MLS# 21277940 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

    • Unrestricted 6.47‑acre tract with versatile potential, think RV park, rentals, commercial, or your dream homestead.
    • Premium sandy soil, ideal for equestrian use such as a cutting horse or roping arena.
    • Pre‑platted into two 3.2‑acre tracts, offering investment or development opportunities.
    • No HOA and owner financing available.
    • Conveniently located just 1 mile off Highway 180, granting easy access to Weatherford, Mineral Wells, and I‑20.
    • Located in the rapidly growing Millsap area of Parker County.

    Overview

    Located just 1 mile off Highway 180 in Millsap, Parker County, this 6.47-acre tract offers versatile possibilities with no restrictions or HOA. Owner financing is available. The property features premium sandy soil, suitable for equestrian use, including a cutting horse or roping arena. The land is pre-platted into two 3.2-acre tracts, presenting an opportunity for investors, developers, or buyers seeking income-producing potential. This unrestricted acreage allows for various ventures, such as an RV park, short-term rental setup, commercial use, horse property, or private homestead. With convenient access to Weatherford, Mineral Wells, and Interstate 20, this property is located in a rapidly growing corridor with investment upside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Auto Repair Shop Electronics & Wireless Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Millsap
    County
    Parker
    State
    Texas
    Longitude
    -97.9812901
    Latitude
    32.7832463

    Nearby Similar for Sale

    • $1,100,000
      3,501 SF

      New Millsap Warehouse Flex Space

      Newly constructed flex space warehouse near I-20 in Millsap, TX.
      4916 Fairview Road, Millsap, TX 76066
      View Details
    • $325,000

      Millsap Storage Facility For Sale

      Storage facility with expansion potential in Millsap, Texas.
      665 Old Millsap Road, Millsap, TX 76066
      View Details
    • $49,000

      Corner Lot in Downtown Millsap

      Prime corner lot ready for development in downtown Millsap.
      207 NE Front Street, Millsap, TX 76066
      View Details
    • $399,900

      Riverfront Land in Brock ISD

      4-acre riverfront property with partially built house in Millsap, TX.
      229 W Bluff Lane, Millsap, TX 76066
      View Details
    • $2,898,000

      Millsap Warehouse with Tenant

      27,725 Sq. Ft. warehouse on 10 acres.
      398 Meeks Bend, Millsap, TX 76066
      View Details
    • $1,275,000

      Unrestricted Land on FM 1189

      5+ acre unrestricted land with road frontage in Millsap, TX.
      740c FM 1189, Millsap, TX 76066
      View Details
    • $1,275,000

      Unrestricted Land in Millsap, Texas

      5+ acre lot on main road with oak trees.
      740 FM 1189, Millsap, TX 76066
      View Details
    • $1,400,000
      1,932 SF

      Working Ranch with Equestrian Amenities

      Equipped ranch ready for livestock and equestrian operations.
      2220 Lazy Bend Road, Millsap, TX 76066
      View Details
    • $2,950,000

      60 Acres with Highway Frontage

      60 acres with highway frontage, lake, and development potential.
      8955 Wolf Hollow, Millsap, TX 76066
      View Details
    • $2,500,000

      Millsap Ranch in Parker County

      73+ acre ranch ideal for horse or cattle operation.
      1551 Wilson Bend Road, Millsap, TX 76066
      View Details
    • $125,000

      Acre Lot in Gated Community

      1-acre lot in Brock ISD, bring your own builder.
      131 Brock Lane, Millsap, TX 76066
      View Details
    • $375,000

      Millsap, TX Unrestricted Land

      10 acre tract of unrestricted land in Millsap, Texas.
      2500 Cool Junction, Millsap, TX 76066
      View Details

    FAQs

    What type of property is this?
    Land - Unrestricted 6.47-acre tract ideal for various ventures.
    Where is this land located?
    The property is located at 1160 Doss Road Millsap, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Unrestricted 6.47‑acre tract with versatile potential, think RV park, rentals, commercial, or your dream homestead.; Premium sandy soil, ideal for equestrian use such as a cutting horse or roping arena.; Pre‑platted into two 3.2‑acre tracts, offering investment or development opportunities.
    (817) 243-4366
    We can help!
    Listing Contact
    Chelsea Dollar
    Real Estate License ID: 0792443
    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
    1160 Doss Road, Millsap, TX 76066
    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!