Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5 Acres Unrestricted Land Hubbard Title is generated by Realmo AI

    Lot 16 Hill County Road 3352, Hubbard, TX 76648

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    5 acres in Hubbard, TX, ready for development.

    Type:Land
    Lot size:
    5.00 Acres
    Added:
    Feb 11, 2025
    Days on Market:
    479
    Last Refresh:
    May 12 at 11:19 pm

    Property Features for Lot 16 Hill County Road 3352

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Xing Gao

    Listing agent Xing Gao License #822975

    Listing office eXp Realty Houston

    Listing date Feb 11, 2025

    Source Crexi

    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 eXp Realty Houston

    HighLights

    • 5 Acres of unrestricted land with utilities ready for immediate development (site‑built homes, mobile homes, RVs, etc.).
    • Located 42 miles from Waco and 70 miles from Dallas, offering both countryside privacy and convenient access to city amenities.
    • No HOA or building restrictions, providing complete freedom to build and use the property as desired.
    • Partially cleared land with mature hardwood trees and a live stream, creating a private and scenic environment.
    • Electricity on property and private road access, simplifying the building process.
    • Bordering established ranch property, near Hubbard ISD, and with a mix of homes and ranches nearby.

    Overview

    This is a 5-acre partially cleared property located in Hubbard, Texas, approximately 42 miles from Waco. The land has no building restrictions and offers immediate development potential for site-built homes, mobile homes, tiny homes, barndominiums, RV parking, or accessory buildings. Electricity is available on the property. Access is provided via a private road shared by three lots, secured with a bar gate entrance. The property borders an established ranch. Mature hardwood trees offer natural shade and screening, while cleared areas provide building sites. A live stream runs 120 feet from the northern boundary. The location provides easy access via Hill County Road 3352 and is minutes from Hubbard’s local services. The property is near Hubbard Independent School District. It is also approximately 70 miles to the Dallas metropolitan area. Nearby properties feature a mix of homes and small ranches.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Hubbard
    County
    Hill
    State
    Texas
    Longitude
    -96.8135
    Latitude
    31.8345

    Nearby Similar for Sale

    • $1,460,000

      Commercial Development Land with Lake

      Large tract in Hubbard, TX with a lake feature and partial fencing, offering flexible options for commercial or residential development.
      HCR 3363, Hubbard, TX 76648
      View Details
    • $300,000

      Two-Metal Building Industrial Property

      Two metal warehouses on one lot with open storage space, parking, and flexibility for multiple business functions.
      302 N Elm Avenue, Hubbard, TX 76648
      View Details
    • $895,000

      Recreational Farm Tract with Ponds

      A sizable Hill County tract with three ponds, a renovated 2/2 farmhouse, and a pole barn for flexible land use.
      148 Hcr 3341, Hubbard, TX 76648
      View Details
    • $543,000

      71 Acres of Texas Prairie

      Unimproved land featuring ponds and native grasses near major cities.
      HCR 3352, Hubbard, TX 76648
      View Details
    • $175,000

      Cleared Acreage with Sunset Views

      Cleared, fully fenced land in a quiet country setting offers flexible options for building, recreation, or agriculture.
      582 HCR 3320, Hubbard, TX 76648
      View Details
    • $795,000

      Recreational Farm with Multi-Home Setup

      82 acres with ponds, deer activity, productive coastal meadow, and three residences for flexible family, hunting, or retreat use.
      2517 St Highway 31, Hubbard, TX 76648
      View Details
    • $137,000

      10-Acre Residential and Farm Lot

      A 10-acre tract with utilities available and tree-lined building potential in a developing area.
      Hcr 3373, Hubbard, TX 76648
      View Details
    • $895,000
      2,226 SF

      Hubbard Estate on 55 Acres

      Luxury rock home on 55 acres with pond.
      535 Hcr 3350 N, Hubbard, TX 76648
      View Details
    • $119,899

      Unrestricted Ranch Land

      Unrestricted rural acreage with an electric pole already in place for flexible homestead or self-directed living plans.
      182 Hill County Road 3352, Hubbard, TX 76648
      View Details
    • $170,000

      Open Pasture Land Tract with Trees

      15-acre tract offers build flexibility with open pasture, natural tree lines, and no deed restrictions for adaptable use.
      15 Acres | Tract 5 County Rd 3307, Hubbard, TX 76648
      View Details
    • $149,900

      Open Pasture Tract with Homesites

      A fully open Hill County tract with multiple homesites and pasture potential, with no deed restrictions.
      12.54 Acres | Tract 2 County Rd 3307, Hubbard, TX 76648
      View Details
    • $132,000

      Gently Rolling Pasture Land

      An 11-acre open tract near Hubbard with flexible homesite options, long-range views, and no deed restrictions.
      11 Acres | TBD County Rd 3150, Hubbard, TX 76648
      View Details

    FAQs

    What type of property is this?
    Land - 5 acres in Hubbard, TX, ready for development.
    Where is this land located?
    The property is located at Lot 16 Hill County Road 3352 Hubbard, TX.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: 5 Acres of unrestricted land **with utilities ready for immediate development** (site‑built homes, mobile homes, RVs, etc.).; Located 42 miles from Waco and 70 miles from Dallas, offering both countryside privacy and convenient access to city amenities.; No HOA or building restrictions, providing complete freedom to build and use the property as desired.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Xing Gao
    Real Estate License ID: 822975
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lot 16 Hill County Road 3352, Hubbard, TX 76648
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!