Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7462 Co Rd, Unit 242 Dublin, TX

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,690,000

    70+ acre ranch with custom home, creek, and wildlife.

    Lot size:
    70.08 Acres

    Property Features for 7462 Co Rd

    General Information

    Lot size
    70.08 Acres

    We can help!

    Listing Contact
    Tim Clark
    Source: Moodyscre

    Listing Agent: Tim Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Dublin Ranch with Custom Home

    This ranch property features a custom-built home with 4 bedrooms, 2 full baths, and a sunroom. The home has been meticulously maintained. The property spans over 70 acres of sandy loam soil and includes a creek running through the middle. Wildlife such as deer, turkey, and wild hogs are abundant. The ranch is suitable for multiple uses, including hunting, cattle ranching, or development into horse facilities. It has approximately 1885 feet of road frontage on CR242 and two entrances. There is a set of pipe cattle working pens. The home has an aerobic septic system and a water well.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Dublin
    County
    Erath
    State
    Texas
    Longitude
    -98.3419882
    Latitude
    32.085143

    Nearby Similar for Sale

    • $650,000
      2,767 SF

      Custom Home on 13 Acres

      Custom-built home with workshop on 13 acres in Dublin, TX.
      615 Cr 358, Dublin, TX 76446
      View Details
    • $625,000
      0.31 Acres

      Historic Downtown Dublin Hotel Opportunity

      Historic hotel with residential and commercial potential in downtown Dublin.
      226 E Blackjack St, Dublin, TX 76446
      View Details
    • $795,000
      912 SF

      Improved Farm/Ranch Near Dublin, TX

      Homesteading, remote work, or weekend retreat property near Dublin and Stephenville.
      12749 Fm 847, Dublin, TX 76446
      View Details
    • $4,000,000
      13.99 Acres

      Historic Property with Highway Frontage

      Unique property with multiple income streams near Stephenville and Dublin.
      8080 S Us Highway 377, Dublin, TX 76446
      View Details
    • $1,058,000
      92.99 Acres

      Picturesque Ranch Near Dublin, Texas

      Secluded 92-acre ranch with abundant wildlife and included equipment.
      15075 Cr 355, Dublin, TX 76446
      View Details
    • $699,000
      1,680 SF

      Texas Ranch with Modern Home

      Move-in ready ranch featuring a new doublewide home on 45+ acres.
      4109 County Road 328, Dublin, TX 76446
      View Details
    • $1,950,000
      2,196 SF

      Family Ranch with Sandy Loam

      Multi-generational 74.27-acre farm with rock home near Stephenville, TX.
      2036 County Road 242, Dublin, TX 76446
      View Details
    • $289,000
      1,688 SF

      Dublin Farm and Ranch Opportunity

      11.75-acre farm with home, barn, and hunting potential.
      180 Cr 436, Dublin, TX 76446
      View Details
    • $119,000
      0.21 Acres

      Dublin Triplex with Income Potential

      Three-unit property in Dublin, TX, with strong rental potential.
      224 Pecan St, Dublin, TX 76446
      View Details
    • $2,850,000
      162.56 Acres

      Dublin Ranch with Water Features

      Ranch property featuring multiple water sources and extensive amenities.
      31772 W Fm 8, Dublin, TX 76446
      View Details
    • $600,000
      0.95 Acres

      Refurbished Commercial Property in Dublin

      Multi-use commercial property in Dublin, TX, ready for business.
      202 E Clinton St, Dublin, TX 76446
      View Details
    • $5,000,000
      20.09 Acres

      Turnkey Winery and Brewery Estate

      20-acre winery and brewery with vineyards, tasting room, and residence.
      675 County Road 497, Dublin, TX 76446
      View Details

    FAQs

    What type of property is this?
    Ranch - 70+ acre ranch with custom home, creek, and wildlife.
    Where is this ranch located?
    The property is located at 7462 Co Rd, Unit 242 Dublin, TX.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - 70+ acres of land featuring sandy loam soil and a creek; - Custom-built, meticulously maintained 4-bedroom ranch home; - Abundant wildlife (deer, turkey, wild hogs) for hunting enthusiasts
    (817) 578-0609
    Request Owner's contact information
    7462 Co Rd, Unit 242 Dublin, TX
    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.
    7462 Co Rd, Unit 242
    Dublin, TX
    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
    7462 Co Rd, Unit 242 Dublin, TX
    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

    We can help!
    Listing Contact
    Tim Clark
    Real Estate License ID: TX 0516005
    (817) 578-0609
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.