Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two Acres in Sunnyvale, TX Title is generated by Realmo AI

    118 E Fork Road, Sunnyvale, TX 75182

    View on Map
    Claim this Listing
    New
    For Sale
    $400,000

    Unimproved Land - Sunnyvale, TX

    Type:Unimproved Land
    Lot size:
    2.00 Acres
    Added:
    May 15, 2026
    Days on Market:
    2
    Last Refresh:
    May 16 at 9:06 pm

    Property Features for 118 E Fork Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    52004600010030000
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Expense value
    300
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kristy Lane

    Listing agent Kristy Lane License #0738230

    Listing office JPAR Plano 5045 Lorimar Dr Ste 180, Frisco, TX

    Listing date May 15, 2026

    MLS# 21271855 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

    • 2 Acres in Highly Sought‑After Sunnyvale: Offers a rare opportunity for spacious living.
    • Ideal for Custom Home Build or Estate Residence: Provides flexibility to create a dream home.
    • Conveniently Located: Close to major highways, shopping, dining, and top‑rated Sunnyvale ISD schools.
    • No Known HOA Restrictions: Offers greater freedom in design and property use (buyer to verify).
    • Peaceful, Country‑Style Setting: Provides a serene living environment.
    • Strong Land Investment Potential: Located in an expanding area of Dallas County, offering long‑term value.

    Overview

    This property offers 2 acres of land in Sunnyvale, located near major highways, shopping, dining, and schools within the Sunnyvale Independent School District. The tract features an open layout with mature surroundings, suitable for a custom home, estate residence, or long-term investment. The land provides room for privacy, outdoor living, and future improvements, offering flexibility for residential visions. Situated in an area of custom homes and acreage properties, the parcel combines rural charm with suburban convenience. There are no known Home Owners Association restrictions. This property presents potential for building a dream home or securing a land investment in an expanding area of Dallas County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Dental Office Building Supply Pharmacy Big Box & Wholesale Store Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyvale
    County
    Dallas
    State
    Texas
    Longitude
    -96.5396711
    Latitude
    32.7856565

    Nearby Similar for Sale

    • $629,000
      2,484 SF

      Updated Estate with Pond View

      Estate on almost 2 acres with pond in Sunnyvale, TX.
      320 E Tripp Road, Sunnyvale, TX 75182
      View Details
    • $350,000

      Commercial Land in Sunnyvale, TX

      Versatile commercial land with high visibility and convenient access.
      330 Town East Boulevard, Sunnyvale, TX 75182
      View Details
    • $6,250,000

      Sunnyvale Land with Highway Frontage

      53.76 acres in Sunnyvale, TX with dual zoning.
      618 US Highway 80 E, Sunnyvale, TX 75182
      View Details
    • $15,000,000

      Sunnyvale Land with Highway Frontage

      11.865 acres of commercial land with highway access.
      519 US Highway 80 E, Sunnyvale, TX 75182
      View Details
    • $4,000,000

      Sunnyvale Land with Equestrian Potential

      10.5-acre property with equestrian facilities near Dallas.
      342 E Tripp Road, Sunnyvale, TX 75182
      View Details
    • $425,000

      Land For Sale Sunnyvale, TX

      2 acre land parcel available in Sunnyvale, Texas.
      636 East Berkeley Circle, Sunnyvale, TX 75182
      View Details
    • $1,099,500

      Sunnyvale TX Acreage Land

      7.321 acres in Sunnyvale ISD, convenient location.
      359 Town East Boulevard, Sunnyvale, TX 75182
      View Details
    • $429,900

      Two Acre Home Site

      2-acre luxury home site in established community.
      3 St. James Alley, Sunnyvale, TX 75182
      View Details
    • $425,000

      Residential Land in Sunnyvale, TX

      1.37 acre residential lot in Sunnyvale, no HOA.
      4 E Town East Boulevard, Sunnyvale, TX 75182
      View Details
    • $629,000

      Sunnyvale Estate with Pond View

      Updated estate on almost 2 acres with pond and pastures.
      320 E Tripp Road, Sunnyvale, TX 75182
      View Details
    • Contact for pricing
      12,814 SF

      Premier Sunnyvale Events Facility

      12,814 SF venue on 3.092 acres near Highway 80.
      410 S Paschall Rd, Sunnyvale, TX 75182
      View Details
    • $3,000,000
      162,500 SF

      Sunnyvale Industrial Property on US-80

      162,500 SF industrial property on US Highway 80 in Sunnyvale.
      325 US-80, Sunnyvale, TX 75182
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two acres of land in Sunnyvale, ideal for custom home.
    Where is this residential land & home lot located?
    The property is located at 118 E Fork Road Sunnyvale, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 2 Acres in Highly Sought‑After Sunnyvale: Offers a rare opportunity for spacious living.; Ideal for Custom Home Build or Estate Residence: Provides flexibility to create a dream home.; Conveniently Located: Close to major highways, shopping, dining, and top‑rated Sunnyvale ISD schools.
    (972) 836-9295
    We can help!
    Listing Contact
    Kristy Lane
    Real Estate License ID: 0738230
    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
    118 E Fork Road, Sunnyvale, TX 75182
    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!