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    12845 Highway 6 Iredell, TX 76649

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    For Sale
    $425,000

    Barndominium, Farm/Ranch - Iredell, TX

    Type:Farm
    Property size:
    1,680 SF
    Lot size:
    9.92 Acres
    Price / SF:
    $252/SF
    Added:
    May 3, 2026
    Days on Market:
    4
    Last Refresh:
    May 6 at 6:06 pm

    Property Features for 12845 Highway 6

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Driveway
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Eat-in Kitchen, High Speed Internet Available, Natural Woodwork, Open Floorplan, Wired For Data
    Exterior features
    Covered Patio/Porch, Kennel, Lighting, Stable/Barn, Other, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Refrigerator, Washer, Water - Softener
    Standard status
    Active
    APN
    R27359
    Size
    1,680 SF
    Lot size
    9.92 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ceiling Fan(s), Electric
    Water front features
    Creek, Waterfront
    Water front
    1

    Building Details

    Year built
    2015
    Floors in Building
    1
    Flooring type
    Linoleum, Vinyl
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Rebecca Rodriguez

    Listing agent Rebecca Rodriguez License #0739257

    Listing office Flatrock Real Estate LLC P.O.Box 872, Allen, TX

    Listing date May 3, 2026

    MLS# 21122697 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

    • 9.92 UNRESTRICTED Acres with AG EXEMPTION
    • Enjoy the open floorplan of the 3 Bed, 2 Bath Metal Barndominium
    • 40x40 Barn with 5 Stables, Round Pen, Poultry Coop, and Workshop
    • New Well Pump and Aerobic Septic System with Transferable Warranties
    • Fully Fenced and Cross Fenced for Livestock
    • Large Carport Accommodating 4 Vehicles

    Overview

    Barndominium on Unrestricted Acreage

    This property features a 3-bedroom, 2-bath metal barndominium situated on 9.92 unrestricted acres with an agricultural exemption. Recent upgrades include a new well pump, motor, and piping with a transferable warranty, as well as a new aerobic septic system and tank, also with a transferable warranty. The land has been cleared to provide additional space for livestock. The home includes a metal roof and siding, abundant natural light, a large front porch, and a back porch accessible from the bedroom. The open-concept living and kitchen area includes a mud-utility room at the back entrance, which opens to an attached covered carport that accommodates four vehicles. A 40x40 barn is equipped with five stables: two measuring 20x10, two measuring 15x10, and one measuring 10x10, suitable for feed or tack. Additional features include dog kennels, a round pen with a small barn, a poultry coop, a workshop, and a 50 ft tower for internet access. The perimeter is fully fenced, and the acreage is cross-fenced for livestock. The property offers views of the sunrise from the front porch and sunset from the back porch. Both refrigerators, as well as the washer and dryer, are included. Farm equipment is negotiable. The property is conveniently located with access to I-35, Glen Rose, Lake Whitney, and Stephenville, and is approximately one hour from Waco and 1.5 hours from Downtown Ft. Worth. The property is intended as a starter home or ranchette.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Storage Facility Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iredell
    County
    Bosque
    State
    Texas
    Longitude
    -97.876244
    Latitude
    31.978407

    Nearby Similar for Sale

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    • $1,350,000

      Texas Ranch Retreat with Custom Home

      40-acre ranch featuring a custom home and multiple shops.
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    • $1,817,018

      185+ Acre Ranch Land Opportunity

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    FAQs

    What type of property is this?
    Horse & equestrian property - Barndominium on 9.92 unrestricted acres with AG exemption.
    Where is this horse & equestrian property located?
    The property is located at 12845 Highway 6 Iredell, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 9.92 UNRESTRICTED Acres with AG EXEMPTION; Enjoy the open floorplan of the 3 Bed, 2 Bath Metal Barndominium; 40x40 Barn with 5 Stables, Round Pen, Poultry Coop, and Workshop
    (817) 653-2433
    We can help!
    Listing Contact
    Rebecca Rodriguez
    Real Estate License ID: 0739257
    Learn More
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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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