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

    1024 Jordan Creek Road Collinsville, TX 76233

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,295,000

    Stunning 15-acre estate with modern luxury and functional utility.

    Type:Farm & Ranch
    Lot size:
    15.00 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 3:18 pm

    Property Features for 1024 Jordan Creek Road

    General Information

    Standard status
    Active
    Lot size
    15.00 Acres
    Property subtype
    Farm & Ranch

    Building Details

    Year Built
    2015

    We can help!

    Listing Contact
    Tabatha Polley

    Listing agent Tabatha Polley

    Listing office KELLER WILLIAMS REALTY

    Listing date Apr 22, 2026

    Source Signaturere

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

    All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY

    Overview

    Luxury Estate with Wildlife Exemption

    This 15-acre estate features a main residence with 4 bedrooms, 2 full baths, and 1 half bath, showcasing 10' and vaulted ceilings, hickory cabinetry, and custom 8' doors. The home's focal point is a rock fireplace, complemented by a gourmet kitchen upgraded in 2025 with new double ovens and a gas cooktop. Outdoor living is enhanced by a large screened back porch, added in 2024, featuring a wood-burning fireplace. The property also includes a separate 2-bedroom, 2-bath unit, suitable for multi-generational living or guests. A 40'x40' insulated workshop offers a game room, office, and half bath. The estate includes a stocked pond, gated entrance, and a Wildlife Exemption for reduced taxes, making it a legacy property.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store HVAC Service Garden Center Discount Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Grayson
    State
    Texas
    Longitude
    -96.9210596
    Latitude
    33.5449596

    Nearby Similar for Sale

    • $1,279,000
      2,800 SF

      Collinsville Estate with Modern Luxury

      Stunning 15-acre estate with modern luxury and functional utility.
      1024 Jordan Creek Road, Collinsville, TX 76233
      View Details
    • $2,699,000
      3,967 SF

      Turnkey Horse Property in Collinsville

      Equestrian estate with multiple homes and extensive horse facilities.
      1717 Batey Road, Collinsville, TX 76233
      View Details
    • $1,899,000
      3,967 SF

      Turnkey Horse Property in Collinsville

      Equestrian estate on 27 acres with extensive horse facilities.
      1717 1/2 Batey Road, Collinsville, TX 76233
      View Details
    • $1,799,000

      Texas Ranch Retreat and Investment

      73+ acre luxury ranch retreat in Collinsville, Texas.
      3647 COUNTY ROAD 265, Collinsville, TX 76233
      View Details
    • $375,000

      Versatile Land with Solar Potential

      10 acre tract with hangar and solar panels near Dallas.
      1881 Cobler Road, Collinsville, TX 76233
      View Details
    • $8,000,000

      Turnkey Ranch Retreat Near Dallas

      232-acre ranch with residence, barn, ponds, and abundant wildlife.
      1210 County Road 232, Collinsville, TX 76233
      View Details
    • $425,000

      Residential Land in Gated Development

      11 acre lot in Collinsville, perfect for a dream home.
      75 Ribbonwood Trail, Collinsville, TX 76233
      View Details
    • $400,000

      Commercial Land in Collinsville, TX

      High-visibility commercial land for development or investment in Collinsville, TX.
      Tbd N Main Street, Collinsville, TX 76233
      View Details
    • $1,620,272

      Development Land with Highway Access

      31.01 acres ready for development in Collinsville, Texas.
      1801 Us-377, Collinsville, TX 76233
      View Details
    • $674,500

      Picturesque Waterfront Land Opportunity

      11.3 acres of prime North Texas hill country land.
      Tbd Pop Noah Road, Collinsville, TX 76233
      View Details
    • $2,900,000

      Gorgeous Land Near Lake Ray

      62.76 acres with mature oaks and three ponds near lake.
      Tract 2 Hog Town Road, Collinsville, TX 76233
      View Details
    • $2,400,000

      62 Acres of Texas Land

      62-acre tract with ponds and mature trees near Highway 377.
      Tract 1 Hog Town Road, Collinsville, TX 76233
      View Details

    FAQs

    What type of property is this?
    Farm - Stunning 15-acre estate with modern luxury and functional utility.
    Where is this farm located?
    The property is located at 1024 Jordan Creek Road Collinsville, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 15‑acre estate with Wildlife Exemption for significant tax savings; Main residence boasts 4 bedrooms, gourmet kitchen (upgraded in 2025), rock fireplace, and screened back porch (added in 2024) with fireplace; Separate, fully independent 2 Bed, 2 Bath guest house is perfect for multi‑generational living or guests
    We can help!
    Listing Contact
    Tabatha Polley
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!