Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Expansive Land in Serene Countryside Title is generated by Realmo AI

    0 Five Wells Rd, Rogers, TX 76569

    View on Map
    Claim this Listing
    For Sale
    $200,000

    20-acre raw land plot ideal for custom home or agriculture.

    Type:Land
    Lot size:
    20.00 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    190
    Last Refresh:
    May 10 at 10:08 pm

    Property Features for 0 Five Wells Rd

    General Information

    Standard status
    Active
    Lot size
    20.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Laura Waggoner

    Listing agent Laura Waggoner

    Listing office

    Listing date Nov 27, 2025

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Laura Waggoner

    HighLights

    • Expansive 20‑acre plot of raw land.
    • Opportunity to build a custom dream home.
    • Ideal for agriculture, specifically raising cattle.
    • Potential investment opportunity for a solar farm.
    • Option to purchase an additional 30 acres.
    • Serene countryside location.

    Overview

    This expansive 20-acre plot of raw land is located in a serene countryside setting. It presents an opportunity for constructing a custom-built home. The property is also suitable for agricultural purposes, such as raising cattle, and offers the potential for a self-sustained lifestyle. The open space and abundant sunlight make it an ideal investment for a solar farm, with the potential for harnessing clean energy. There is also an opportunity to purchase an additional 30 acres adjacent to this property.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Rogers
    County
    Bell
    State
    Texas
    Longitude
    -97.2213
    Latitude
    30.9683

    Nearby Similar for Sale

    • $2,575,700
      1,028 SF

      117-Acre Ranch with River Frontage

      117-acre ranch featuring a house, stable, and river frontage.
      19706 Mclean Cemetery Road, Rogers, TX 76569
      View Details
    • $533,000

      27.3 Acres on US 190

      27.3 acres of land with high visibility on US 190.
      27ac E US 190, Rogers, TX 76569
      View Details
    • $269,000

      Unrestricted Land on Hwy 36

      10 acres suitable for RV park, truck stop, or industrial.
      Hwy 36 lot: 2, Rogers, TX 76569
      View Details
    • $269,000

      Rogers, TX: 10 Acre Land

      10-acre commercial land in Rogers, TX, near Temple.
      HWY 36 lot: 1, Rogers, TX 76569
      View Details
    • $369,000

      Prime Commercial Land Opportunity

      18 acres in Rogers, TX, suitable for various developments.
      HWY 36 lot: 3, Rogers, TX 76569
      View Details
    • $369,000

      Prime Commercial Land Opportunity

      18 acres in Rogers, TX, ideal for development or investment.
      HWY 36 lot: 4, Rogers, TX 76569
      View Details
    • $533,000

      Prime Land Along US 190

      27.3 acres of highly visible land on US 190.
      27ac E US 190, Rogers, TX 76569
      View Details
    • $200,000

      Prime Land Along US 190

      10.3 acres of hilltop land on US 190 in Rogers, TX.
      10ac E US 190, Rogers, TX 76569
      View Details
    • $300,000

      Unrestricted Land Tract in Rogers, TX

      10.134-acre tract with approved RV plans near Temple and Belton.
      20474 Fm 940, Rogers, TX 76569
      View Details
    • $200,000

      Hilltop Land Along US 190

      10.3 acres of hilltop land on US 190 corridor.
      10ac E US 190, Rogers, TX 76569
      View Details
    • $712,500

      Agricultural Hunting and Farmland Tract

      Row-crop acreage at the front pairs with a hunting-ready back section, with creek frontage and deed-restricted development options.
      CR 117 Road, Rogers, TX 76569
      View Details
    • $69,500

      Highway Frontage Land in Rogers

      0.98-acre tract with Highway 195 frontage in Rogers, Texas.
      Hunt Hill Road, Rogers, TX 76569
      View Details

    FAQs

    What type of property is this?
    Land - 20-acre raw land plot ideal for custom home or agriculture.
    Where is this land located?
    The property is located at 0 Five Wells Rd Rogers, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Expansive 20‑acre plot of raw land.; Opportunity to build a custom dream home.; Ideal for agriculture, specifically raising cattle.
    (254) 383-0590
    We can help!
    Listing Contact
    Laura Waggoner
    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
    0 Five Wells Rd, Rogers, TX 76569
    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!