Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wortham, TX Land with Pond Title is generated by Realmo AI

    123 FCR 1000 Road, Wortham, TX 76693

    View on Map
    Claim this Listing
    For Sale
    $528,000

    Improved Land - Wortham, TX

    Lot size:
    47.78 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 1 at 1:06 am

    Property Features for 123 FCR 1000 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    4645
    Lot size
    47.78 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mollie McCoslin
    Mollie McCoslin

    Listing agent Mollie McCoslin License #0633926

    Listing office Rachel Anderson Real Estate 413 Main St, Teague, TX

    Listing date Apr 23, 2026

    MLS# 21245171 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

    • 47.78 acres within Wortham city limits offering privacy and space.
    • Professionally constructed, deep‑water pond stocked with Florida Bass.
    • Mix of trees and open pasture suitable for hunting, recreation, building, or grazing cattle.
    • Development potential due to road frontage and proximity to town. Consider residential, RV park, or venue options.
    • Minutes from Wortham's restaurants, schools, and shopping.
    • Electric available and survey provided.

    Overview

    This 47.78-acre property is located within the city limits of Wortham, TX. Recent improvements include ATV trails and a professionally constructed deep-water pond stocked with Florida Bass. The land features a mix of trees and open pasture, suitable for hunting, recreation, or building a home with views of the pond. The property is suited for a peaceful retreat, weekend getaway, or grazing cattle. With road frontage and proximity to town, the property could be used for residential development, an RV park, or a venue. It is located minutes from restaurants, schools, and shopping. Electric service is available. Water availability should be verified with the city. A survey is available. The property is connected to two other listed properties on CR 1000 and could be sold as part of a larger tract of approximately 126 acres.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Wortham
    County
    Freestone
    State
    Texas
    Longitude
    -96.451044
    Latitude
    31.792992

    Nearby Similar for Sale

    • $175,000

      Retail Space in Wortham, TX

      Retail space with open layout on main thoroughfare.
      402 N 3rd Street, Wortham, TX 76693
      View Details
    • $292,800

      Wortham, TX Improved Land

      19.52 acres of land with water meter installed.
      N/A County Road 2420, Wortham, TX 76693
      View Details
    • $520,663

      Wortham Ranch with Pasture Land

      80-acre ranch suitable for recreation, livestock, or building a home.
      837 FCR 995, Wortham, TX 76693
      View Details
    • $159,900

      Wortham, TX Unimproved Land

      9.549 acres of treed land near Wortham, Texas.
      206 Fcr 960, Wortham, TX 76693
      View Details
    • $528,000

      Wortham, TX: Untamed Land

      47.78 acres of fenced land with road frontage.
      Tbd Cr 1000 County Road 1000 Road, Wortham, TX 76693
      View Details
    • $115,000

      Wortham, TX Unimproved Land

      10 acre wooded tract near I-45 for custom home.
      Tract 13 FM 1366, Wortham, TX 76693
      View Details
    • $180,000

      8-Acre Wooded Recreational Land

      Wooded 8-acre recreational land near Kirvin, Texas, with electricity.
      1113 Fm 27, Wortham, TX 76693
      View Details
    • $220,000

      Wortham, TX: Unimproved Land

      11.85 acres of Texas land in Wortham ISD.
      8275 Fm 641, Wortham, TX 76693
      View Details
    • $160,000

      Wortham, TX 15-Acre Land

      15 acres of versatile land with farm-ranch-residential zoning.
      105 County Road 1001, Wortham, TX 76693
      View Details
    • $330,000

      Improved Land Ready for Development

      30 acres of improved land near Wortham, TX.
      Tbd FCR 1000 Road, Wortham, TX 76693
      View Details
    • $142,800

      Wortham, TX Wooded Land Parcel

      14.28 acres of wooded land in Wortham, Texas.
      Tbd SW 2320, Wortham, TX 76693
      View Details
    • $1,295,000
      1,782 SF

      Wortham Ranch with Hunting and Cattle

      Turn-key hunting and cattle ranch near major Texas cities.
      308 Fcr 995, Wortham, TX 76693
      View Details

    FAQs

    What type of property is this?
    Land - 47.78 acres with pond, suitable for recreation or development.
    Where is this land located?
    The property is located at 123 FCR 1000 Road Wortham, TX.
    What is the asking price?
    The asking price for this property is $528,000.
    What are key features of this property?
    This property features: 47.78 acres within Wortham city limits offering privacy and space.; Professionally constructed, deep‑water pond stocked with Florida Bass.; Mix of trees and open pasture suitable for hunting, recreation, building, or grazing cattle.
    (254) 739-2942
    We can help!
    Listing Contact
    Mollie McCoslin
    Mollie McCoslin
    Real Estate License ID: 0633926
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    123 FCR 1000 Road, Wortham, TX 76693
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!