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    Oklahoma Farm/Estate with Venue Potential Title is generated by Realmo AI

    1522 Burney Cemetary, Calera, OK 74730

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    Claim this Listing
    New
    For Sale
    $1,550,000

    Farm/Estate - Calera, OK

    Type:Farm
    Lot size:
    110.00 Acres
    Added:
    May 27, 2026
    Days on Market:
    2
    Last Refresh:
    May 28 at 4:06 pm

    Property Features for 1522 Burney Cemetary

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Garage
    Fireplace
    1
    Appliances
    Dishwasher, Microwave, Washer
    Standard status
    Active
    Lot size
    110.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3307

    Utilities

    Heating system
    Electric (Heating), Fireplace(s), Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1998
    Year renovated
    1998
    Floors in Building
    2
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Brent Lyday
    Brent Lyday

    Listing agent Brent Lyday

    Listing office Legacy Premier Properties, LLC 3302 W University, Durant, OK

    Listing date May 27, 2026

    MLS# 11792005 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 110‑acre property ideal as a hunting retreat with abundant wildlife and a stocked 5‑acre pond for bass fishing.
    • Strong investment potential as a lodge, Airbnb, or event venue.
    • Large metal shop with concrete floors, electricity, and plumbing.
    • Unfinished framed space above the 6‑car garage, designed for up to four bedrooms, offering customizable expansion options.
    • Prime location near Choctaw Casino, Durant, the coming Margaritaville Resort, Lake Texoma, Hard Rock Hotel, and Reba's Place.
    • Master suite features a soaking tub, walk‑in shower, his‑and‑hers closets, and a private balcony overlooking the pond.

    Overview

    This Southeastern Oklahoma property, located in Calera, presents a hunter's paradise with investment potential as a lodge, Airbnb, or event retreat. The 110-acre site is abundant with wildlife, including whitetail deer, turkey, ducks, geese, and eagles. A stocked 5-acre pond offers bass fishing, and an established food plot is within walking distance. The property includes a metal shop with concrete floors, electricity, and plumbing, suitable for use as a lodge facility, gear storage, or an event barn. Above the 6-car garage, unfinished framed space is designed for expansion, envisioned for up to four bedrooms, three baths, and a kitchen/living area, potentially serving as a dedicated hunting lodge wing, guest quarters, or short-term rental. The two-story lodge-style home features rustic charm and modern touches. The downstairs area includes a fireplace and open living areas. The upstairs master suite includes a soaking tub, walk-in shower, his-and-hers closets, and a private balcony overlooking the pond. The property also offers wedding and event potential, with the pond as a backdrop for outdoor ceremonies and the shop customizable into a reception barn. The residence can serve as a bridal house or lodge, with the unfinished upstairs space adaptable into bridal or groom's quarters or guest lodging. Located 10 miles from Choctaw Casino and Durant, 20 miles from the upcoming Margaritaville Resort, and 25 miles from Lake Texoma, the Hard Rock Hotel, and Reba's Place, the property is positioned in a growing recreational and tourism corridor. It is suited for a private hunting retreat, rental lodge, or a multi-use destination for weddings, hunting weekends, and family gatherings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Calera
    County
    Bryan
    State
    Oklahoma
    Longitude
    -96.339201
    Latitude
    33.878644

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    FAQs

    What type of property is this?
    Horse & equestrian property - Two-story lodge on 110 acres, ideal for hunting and events.
    Where is this horse & equestrian property located?
    The property is located at 1522 Burney Cemetary Calera, OK.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 110‑acre property ideal as a hunting retreat with abundant wildlife and a stocked 5‑acre pond for bass fishing.; Strong investment potential as a lodge, Airbnb, or event venue.; Large metal shop with concrete floors, electricity, and plumbing.
    (580) 504-4608
    We can help!
    Listing Contact
    Brent Lyday
    Brent Lyday
    Real Estate License ID: 157090
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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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    1522 Burney Cemetary, Calera, OK 74730
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