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    Improved Farmland with Water Well Title is generated by Realmo AI

    1250 County road 4430, Knox City, TX 79529

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    Claim this Listing
    For Sale
    $167,000

    LAND - Knox City, TX

    Lot size:
    79.52 Acres
    Added:
    Aug 16, 2025
    Days on Market:
    292
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 1250 County road 4430

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R010000864
    Lot size
    79.52 Acres

    We can help!

    Listing Contact
    J. Travis Hawkins
    J. Travis Hawkins

    Listing agent J. Travis Hawkins License #0643904

    Listing office KW SYNERGY* ABILENE, TX

    Listing date Aug 16, 2025

    MLS# 21033960 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

    • 79.52‑acre farmland with improved county road frontage, located south of Knox City near the Knox & Haskell county line
    • Co‑op city water line runs down the farm plus one water well in the south central portion for livestock water
    • Utilities include co‑op power and three‑phase power available along the county road
    • Soils are mainly Miles sandy loam; farm has been used for wheat grain production, grazing, and hay depending on the year
    • Includes roughly 14 acres of established coastal suitable for horses or livestock
    • Lease in place: $28 per acre annually; also has one producing oil well and injection well, with wind/water/solar rights conveying

    Overview

    This agricultural property consists of 79.52 acres and is improved with access and core water and power infrastructure. The farm has improved county road frontage and includes city coop water access and coop power, plus one water well located in the south central portion of the property, generally used for livestock water. A smaller pond is also on-site and can collect water during heavy rainfall events. The established production base includes predominantly wheat with use that has varied between grain production, grazing, or hay depending on the year, and there are roughly 14 acres of established coastal that could support horses or livestock right away.

    The land is located south of Knox City near the Knox and Haskell county line, with proximity to county road access and three-phase power available along the county road. For moisture context, the listing references rainfall averaging 23.53 inches per year based on Mesonet data stations in Knox County. The property also features a producing oil well and injection well on-site.

    The combination of maintained soils, established coastal acreage, and on-the-ground water sources makes this a practical fit for buyers looking to add to an existing farming operation or expand a land investment portfolio. The seller also states that wind, water, and solar rights will convey, and minerals owned by the seller do not include oil and gas minerals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Knox City
    County
    Knox
    State
    Texas
    Longitude
    -99.785352
    Latitude
    33.4052176

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    FAQs

    What type of property is this?
    Agricultural land / Farmland - 79+ acres of productive farmland with established coastal and utilities, suited for farming, livestock, or investment.
    Where is this agricultural land / farmland located?
    The property is located at 1250 County road 4430 Knox City, TX.
    What is the asking price?
    The asking price for this property is $167,000.
    What are key features of this property?
    This property features: 79.52‑acre farmland with improved county road frontage, located south of Knox City near the Knox & Haskell county line; Co‑op city water line runs down the farm plus one water well in the south central portion for livestock water; Utilities include co‑op power and three‑phase power available along the county road
    (325) 692-4488
    We can help!
    Listing Contact
    J. Travis Hawkins
    J. Travis Hawkins
    Real Estate License ID: 0643904
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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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