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    Buildable Lot in Gated Resort Title is generated by Realmo AI

    1490 Sage Court, Whitney, TX 76692

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    LAND - Whitney, TX

    Lot size:
    0.22 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    72
    Last Refresh:
    Jun 5 at 7:06 am

    Property Features for 1490 Sage Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared
    Standard status
    Active
    APN
    138744
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    WHITE BLUFF #1 LT 490 (1-6)
    Tax Annual Amount
    195

    We can help!

    Listing Contact
    Nickie Feddersen

    Listing agent Nickie Feddersen License #0734948

    Listing office Keller Williams Realty DPR Dallas, TX

    Listing date Mar 26, 2026

    MLS# 21210400 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

    • Buildable lot in the 24‑7 gated White Bluff Resort on Lake Whitney.
    • Access to resort amenities including two championship golf courses, private marina, pools, tennis and pickleball courts, fitness center, and on‑site restaurants.
    • Located within a 3,000+ acre resort with natural beauty, native wildlife, and mature trees.
    • Prime location: 90 minutes south of DFW and 30 minutes from Waco.
    • Opportunity for a custom home, weekend getaway, or investment property.
    • Access to over four miles of Lake Whitney shoreline.

    Overview

    Open residential lot ready for a custom home, weekend retreat, or investment build within White Bluff Resort. The property sits on a quiet court and is described as buildable, surrounded by natural beauty including mature trees and native wildlife.

    Located in Whitney, Texas, the lot is part of the expansive 3,000+ acre White Bluff Resort and offers an in-community lifestyle tied to Lake Whitney. Residents benefit from the peace and security of a 24/7 gated community, with access to resort amenities including two championship 18-hole golf courses, a private marina, fishing, more than four miles of shoreline, multiple swimming pools, tennis and pickleball courts, a community chapel, playgrounds, and a fully equipped fitness center. The resort also features on-site restaurants and a hotel and conference center for guests.

    For buyers seeking land to plan a primary residence, second home, or future development, this lot provides an established framework for resort living with lake access and year-round recreation. Its open layout and buildable nature make it a straightforward option for owners who want to design and construct on-site within a highly amenitized, gated community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitney
    County
    Hill
    State
    Texas
    Longitude
    -97.3167
    Latitude
    31.9659

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    FAQs

    What type of property is this?
    Residential land & home lot - Open, buildable residential lot in a 24/7 gated Lake Whitney resort with access to extensive recreation amenities.
    Where is this residential land & home lot located?
    The property is located at 1490 Sage Court Whitney, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Buildable lot in the 24‑7 gated White Bluff Resort on Lake Whitney.; Access to resort amenities including two championship golf courses, private marina, pools, tennis and pickleball courts, fitness center, and on‑site restaurants.; Located within a 3,000+ acre resort with natural beauty, native wildlife, and mature trees.
    (972) 732-6000
    We can help!
    Listing Contact
    Nickie Feddersen
    Real Estate License ID: 0734948
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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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