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    Scenic Ranch Land with Ponds Title is generated by Realmo AI

    1201 Pear Orchard Road, Granbury, TX 76048

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    Claim this Listing
    For Sale
    $2,200,000

    LAND - Granbury, TX

    Lot size:
    133.00 Acres
    Added:
    Dec 24, 2025
    Days on Market:
    164
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 1201 Pear Orchard Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Wooded
    Fencing
    Perimeter, Fenced
    Standard status
    Active
    APN
    R000041427
    Lot size
    133.00 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 133 ABST: J C GRACE - ABST 190

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Steven Cook

    Listing agent Steven Cook License #0242186

    Listing office RE/MAX Lake Granbury Weatherford, TX

    Listing date Dec 24, 2025

    MLS# 21136614 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

    • 133‑acre ranch with rolling terrain, productive pastureland, and mature hardwoods
    • Includes six ponds and large oak trees
    • Excellent fencing with two sets of corrals, working chutes, and a large barn
    • Small rock home for weekend or employee use
    • Water from a well and sewer via septic tank

    Overview

    This scenic ranch land spans rolling terrain with a mix of productive pastureland and mature hardwoods. The property includes large oak trees, six ponds, and excellent fencing, along with two sets of corrals for practical livestock handling. Additional ranch improvements include working chutes and a large barn, supporting day-to-day operations. There is also a small rock home on-site, designed for weekend stays or employee use, offering flexibility for both personal and operational needs.

    Located just south of Granbury, the ranch is close enough for convenience while still providing a private, country setting. Rolling hills and open views enhance the sense of space, and the property is described as offering abundant wildlife, making it appealing for recreational and lifestyle use.

    With its mix of build-ready opportunities and functioning ranch amenities, the property fits buyers seeking a ranch property that can support agriculture, livestock use, or long-term homestead plans. The fenced layout, ponds, and corral infrastructure make it especially practical for owners who want land they can actively use from the start, whether for riding and recreation or for managing animals and pasture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Auto Repair Shop Hotel & Motel Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.781199
    Latitude
    32.3490985

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    FAQs

    What type of property is this?
    Ranch - Versatile ranch acreage with productive pasture, mature hardwoods, and six ponds—well-suited for rural living and outdoor use.
    Where is this ranch located?
    The property is located at 1201 Pear Orchard Road Granbury, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 133‑acre ranch with rolling terrain, productive pastureland, and mature hardwoods; Includes six ponds and large oak trees; Excellent fencing with two sets of corrals, working chutes, and a large barn
    (817) 596-8000
    We can help!
    Listing Contact
    Steven Cook
    Real Estate License ID: 0242186
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    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.

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    1201 Pear Orchard Road, Granbury, TX 76048
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