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    Spacious Ranch with Agricultural Barn Title is generated by Realmo AI

    1576 County Road 303, Terrell, TX 75160

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    For Sale
    $1,125,000

    25-acre ranch with pipe fencing and an agricultural barn, plus AS-IS home sold for land value.

    Type:Farm & Ranch
    Lot size:
    25.00 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 5:19 am

    Property Features for 1576 County Road 303

    General Information

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

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Frank Roberts
    Frank Roberts

    Listing agent Frank Roberts License #0524424

    Listing office RE/MAX Landmark

    Listing date Jun 4, 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 RE/MAX Landmark

    HighLights

    • Spacious 25‑acre ranch adjacent to Terrell city limits
    • Includes pipe fencing and an agricultural barn for horses or cattle
    • Agricultural exemption in place to support ranching activities and reduce property taxes
    • Home on the property is sold AS IS with all faults and does not add value beyond the land and ranch features
    • Convenient access to I‑20 for travel to Dallas and Terrell

    Overview

    A spacious ranch property offering approximately 25 acres, fenced with pipe fencing and improved by an agricultural barn suitable for horses or cattle. The property is described as having an agricultural exemption that supports qualifying ranching activities and may help reduce property taxes. An existing home is included in the sale and is being sold AS IS with all faults, and the seller states it does not contribute any value beyond the land and ranch features.

    The ranch is located adjacent to the Terrell city limits and is positioned for convenient travel to Dallas and Terrell via nearby access to I-20. The overall setting is suited to a smaller ranch lifestyle or use as a peaceful homesite, with the property also being considered as a possible subdivision opportunity.

    For buyers looking for land-first ranch value, this site offers a functional livestock setup with fencing and a barn, along with an existing agricultural exemption. It may also appeal to buyers who can add or replace improvements, given that the home does not contribute value and is sold AS IS. The combination of ranch improvements and location near city limits and I-20 access supports a range of residential and agricultural objectives, subject to buyer due diligence.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Auto Parts Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.30497
    Latitude
    32.705887

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    FAQs

    What type of property is this?
    Ranch - 25-acre ranch with pipe fencing and an agricultural barn, plus AS-IS home sold for land value.
    Where is this ranch located?
    The property is located at 1576 County Road 303 Terrell, TX.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Spacious 25‑acre ranch adjacent to Terrell city limits; Includes pipe fencing and an agricultural barn for horses or cattle; Agricultural exemption in place to support ranching activities and reduce property taxes
    (972) 524-0689
    We can help!
    Listing Contact
    Frank Roberts
    Frank Roberts
    Real Estate License ID: 0524424
    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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