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    3397 2048 Hwy Boyd, TX 76023

    For Sale
    $1,500,000

    90-acre ranch featuring a farmhouse, barns, and development potential.

    Lot size:
    90.00 Acres

    Property Features for 3397 2048 Hwy

    General Information

    Lot size
    90.00 Acres

    Building Details

    Year built
    1966

    Source: Keller Williams Heritage West Agent Wil Wakeland

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

    Overview

    90 Acre Ranch with Farmhouse

    This 90-acre ranch is a multi-generational property featuring sandy loam soil and pasture with open areas and tree cover. The homesite includes mature pecan trees. The original condition farmhouse, built in 1966, has 1556 sq ft and includes a water well, propane gas stove and oven, and a fireplace. The backyard has a chicken coop and a dirt floor metal building measuring 30 X 40, totaling 1400 sq ft, along with a blue metal barn with stalls spanning 1750 sq ft. The property, totaling approximately 88 acres, has development potential. The only easement is overhead Oncor power lines running east to west across the parcel. Historically, the property was used for watermelon and cantaloupe production. It is also suitable for horses or livestock grazing and features two large ponds.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Boyd
    County
    Wise
    State
    Texas
    Longitude
    -97.5528
    Latitude
    33.0828

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    FAQs

    What type of property is this?
    Ranch - 90-acre ranch featuring a farmhouse, barns, and development potential.
    Where is this ranch located?
    The property is located at 3397 2048 Hwy Boyd, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 90 acre ranch featuring sandy loam soil and pasture, suitable for various uses.; - Development potential due to its size and location.; - Two large ponds for livestock or recreation.
    Request Owner's contact information
    3397 2048 Hwy Boyd, TX 76023
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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
    3397 2048 Hwy Boyd, TX 76023
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