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    1304 County Road 115 Whitesboro, TX 76240

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    For Sale
    $4,100,000

    Three custom quadplexes on 40 acres with development potential.

    Lot size:
    40.40 Acres

    Property Features for 1304 County Road 115

    General Information

    Lot size
    40.40 Acres

    Building Details

    Year built
    2021

    Source: TIERRA REAL ESTATE Agent MISTY SCHMITZ

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

    Overview

    Three Quadplexes on 40 Acres

    This property presents an investment opportunity featuring three custom-built quadplexes. Each unit includes wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation. The property is set on 40 acres of land, offering potential for future development, including residential lots or RV parking. The land features hilltop views and mature trees. It is located less than a mile from Callisburg High School. This property is located in a rapidly growing area.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -97.014673
    Latitude
    33.718087

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    FAQs

    What type of property is this?
    Quadplex - Three custom quadplexes on 40 acres with development potential.
    Where is this quadplex located?
    The property is located at 1304 County Road 115 Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: - Three custom-built quadplexes offer immediate rental income potential.; - 40 acres of prime land provide opportunities for future development (residential, RV parking, etc.).; - Each unit features desirable amenities: **wide plank tile flooring, granite countertops, and a full appliance package.**
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    Whitesboro, TX 76240
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    Realmo Value Estimation

    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.

    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.

    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
    1304 County Road 115 Whitesboro, TX 76240
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