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    1150 Westmoreland Rd Oak Leaf, TX 75154

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    For Sale
    $840,000

    34 acres of unimproved land, AG exempt, ready for development.

    Lot size:
    34.00 Acres

    Property Features for 1150 Westmoreland Rd

    General Information

    Lot size
    34.00 Acres

    Source: Hi View Real Estate Agent Cody Cockerham

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

    Overview

    34 Acres Ready for Development

    This is a 34-acre unimproved property suitable for development or a homestead. The property is currently AG exempt and is being used for cattle and horses. This land provides a blank slate for various development ideas.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Auto Repair Shop Gym & Fitness Hotel & Motel Department Store Discount Store Bed & Breakfast Pet Store Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Leaf
    County
    Ellis
    State
    Texas
    Longitude
    -96.8691431
    Latitude
    32.4935699

    FAQs

    What type of property is this?
    Land - 34 acres of unimproved land, AG exempt, ready for development.
    Where is this land located?
    The property is located at 1150 Westmoreland Rd Oak Leaf, TX.
    What is the asking price?
    The asking price for this property is $840,000.
    What are key features of this property?
    This property features: - 34 acres of unimproved land presents a blank slate for new ideas.; - AG exempt property.; - Suitable for development or homestead.
    Request Owner's contact information
    1150 Westmoreland Rd Oak Leaf, TX 75154
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    Oak Leaf, TX 75154
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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
    1150 Westmoreland Rd Oak Leaf, TX 75154
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