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    Ranch Land with Two Ponds Title is generated by Realmo AI

    1216 Big Sandy Road, Bellevue, TX 76228

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    Claim this Listing
    For Sale
    $1,215,510

    LAND - Other - Bellevue, TX

    Lot size:
    100.17 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    84
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 1216 Big Sandy Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Boat, RV
    Vegetation
    Cleared, Wooded
    Patio and Porch features
    Deck
    Exterior features
    Balcony, Deck, FirePit, Lighting, OutdoorLivingArea, RvHookup
    Standard status
    Active
    APN
    0004084
    Lot size
    100.17 Acres

    Taxes and HOA fees

    Tax Description
    PT OF BLK 60 AB 144 FREESTONE CSL
    Tax Annual Amount
    439

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    2021
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Mckinley Goodger
    Mckinley Goodger

    Listing agent Mckinley Goodger License #0661045

    Listing office Texas Prime Properties Decatur, TX

    Listing date Mar 13, 2026

    MLS# 20950996 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

    • 100.17‑acre property with rolling terrain, hilltop views, mature oak trees, and scattered build sites
    • 2021 metal RV barn/shop with tornado safe room, large bathroom with walk‑in shower, upstairs loft/apartment, and extra storage
    • Generac generator powers the barn if power goes out
    • 2 ponds that have not gone dry, plus native grass for grazing cattle or baling
    • Additional barn (30x50) with spray foam, septic system, electricity, and 2 roll‑up doors
    • Utilities include propane, water from 2 wells (one at each barn), and septic tank service; also includes 4 RV hook ups (2 full hook ups)

    Overview

    This property is a 100.17-acre ranch featuring rolling terrain that rises to a hilltop scattered with mature oak trees and panoramic views. At the hilltop sits a pristine metal RV barn or shop with space to park a large RV, a tornado safe room, and a large bathroom with a walk-in shower. The building includes an upstairs loft with an apartment feel and additional storage, along with a Generac generator designed to power the barn during outages. A flagstone patio anchors the outdoor living area, and the courtyard is supported by a septic system with pipe fencing and a custom firepit.

    The land is suited to multiple uses, with several building sites noted on the property. It is also positioned for outdoor recreation, with hunting supported by its natural surround of other large acreage properties and a gun range on site. Two large ponds are also on the ranch and have not dried, and the property includes native grass for grazing cattle or baling.

    Additional improvements include a second barn measuring 30 by 50 with spray foam, septic service, electricity, and two roll-up doors, as well as two water wells (one at each barn). There are four RV hook-ups, with two full hook-ups, plus an insulated storage container with electricity for equipment storage. Wildlife commonly noted in the area includes whitetail deer, turkey, hogs, duck, geese, and dove, and the ranch is approximately one hour north of the DFW Metroplex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Bellevue
    County
    Clay
    State
    Texas
    Longitude
    -98.046841
    Latitude
    33.512726

    FAQs

    What type of property is this?
    Ranch - Expansive ranch land with rolling terrain, mature oaks, and two large ponds for recreation and versatile use.
    Where is this ranch located?
    The property is located at 1216 Big Sandy Road Bellevue, TX.
    What is the asking price?
    The asking price for this property is $1,215,510.
    What are key features of this property?
    This property features: 100.17‑acre property with rolling terrain, hilltop views, mature oak trees, and scattered build sites; 2021 metal RV barn/shop with tornado safe room, large bathroom with walk‑in shower, upstairs loft/apartment, and extra storage; Generac generator powers the barn if power goes out
    (940) 577-0354
    We can help!
    Listing Contact
    Mckinley Goodger
    Mckinley Goodger
    Real Estate License ID: 0661045
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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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