Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    485 Fm 230 Trinity, TX 75862

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,299,000

    246-acre Texas ranch with lake, ponds, and recreational facilities.

    Lot size:
    246.00 Acres

    Property Features for 485 Fm 230

    General Information

    Property type
    Farm and Ranch Properties
    Standard status
    Active
    Lot size
    246.00 Acres

    Building Details

    Year built
    2022

    We can help!

    Listing Contact
    Kevin Markham
    Kevin Markham
    Source: Elliman

    Listing Agent: Kevin Markham

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

    Learn more

    Overview

    Texas Ranch with Modern Amenities

    This 246-acre ranch in Northern Walker County offers opportunities for recreation, ranching, and relaxation. A custom gated entrance leads to a landscape featuring a fully stocked bass lake with a fountain, dock, fire pit, and arbor swing. For horse enthusiasts, there is a barn with a living area and bath, an equipment barn, a round pen, and wooded trails. The property also includes a stocked catfish pond, two additional ponds, and a live-water creek. A shooting range includes clay throwers and a rifle range. The property is home to wildlife including trophy whitetail, hogs, dove, and ducks, and includes hunting blinds and stands. The customized 4-bedroom, 2-bath double-wide home features a pavilion-style outdoor kitchen with a pizza oven, fridge, BBQ pit, grill, and commercial ice machine. Equipment, horses and tack are included.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Gym & Fitness Center Hotel & Motel Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Trinity
    County
    Trinity
    State
    Texas
    Longitude
    -95.384887
    Latitude
    30.94495

    Nearby Similar for Sale

    • $220,000

      Commercial Kitchen on Corner Lot

      1,809 SF building with fully equipped commercial kitchen.
      327 S Robb St, Trinity, TX 75862
      View Details
    • $595,000

      Industrial Property in Trinity, Texas

      Industrial property available for sale in Trinity, Texas.
      130 E Tatom St, Trinity, TX
      View Details
    • $398,000

      Waterfront Property with Barndominium

      Move-in ready barndominium with expansion potential on waterfront lot.
      380 Lonesome Dove Trl, Trinity, TX 75862
      View Details
    • $799,000

      Waterfront Estate with Income Potential

      9-acre waterfront estate with main home, guest accommodations, and RV sites.
      6776 Fm 356, Trinity, TX 75862
      View Details
    • $3,299,000

      Texas Ranch with Modern Amenities

      246-acre Texas ranch with stocked lake, ponds, and hunting.
      485 Fm 230, Trinity, TX 75862
      View Details
    • $2,392,500

      Trinity Agricultural Property For Sale

      Agricultural property available in Trinity, Texas.
      585 Industrial Park Blvd, Trinity, TX 75862
      View Details
    • $289,900
      Pending

      Newly Built Bardonimium on 11+ Acres

      New 1800 sqft bardominium on 11 acres near Trinity.
      245 Blackjack Oak Dr, Trinity, TX 75862
      View Details

    FAQs

    What type of property is this?
    Ranch - 246-acre Texas ranch with lake, ponds, and recreational facilities.
    Where is this ranch located?
    The property is located at 485 Fm 230 Trinity, TX.
    What is the asking price?
    The asking price for this property is $3,299,000.
    What are key features of this property?
    This property features: - 246-acre ranch in Northern Walker County for diverse recreational opportunities; - **Fully stocked bass lake** with fountain, dock, fire pit, and arbor swing; - Horse facilities include a barn with living area & bath, equipment barn, round pen, and wooded trails
    (936) 661-0244
    Request Owner's contact information
    485 Fm 230 Trinity, TX 75862
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    485 Fm 230
    Trinity, TX 75862
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    485 Fm 230 Trinity, TX 75862
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Markham
    Kevin Markham
    (936) 661-0244 (936) 295-5989
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!