Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    49 Acres on FM 148 Title is generated by Realmo AI

    16674 FM148, Scurry, TX 75158

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    49-acre tract ideal for ranch, homestead, or investment.

    Type:Land
    Lot size:
    49.00 Acres
    Added:
    Jan 17, 2026
    Days on Market:
    134
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 16674 FM148

    General Information

    Standard status
    Active
    Lot size
    49.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Pegasus Property Group CCIM

    Listing agent Pegasus Property Group CCIM License #0755167

    Listing office Coldwell Banker Commercial NRT Frisco

    Listing date Jan 17, 2026

    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 Coldwell Banker Commercial NRT Frisco

    HighLights

    • Large 49‑acre tract ideal for ranching, homesteading, recreation, or investment.
    • Conveniently located on FM 148 with direct frontage and easy access.
    • Mix of open pasture and natural vegetation with gently rolling terrain.
    • Multiple potential building sites offer privacy and scenic views.
    • Utilities available nearby; located outside city limits with fewer restrictions.
    • Located in Scurry‑Rosser ISD and within driving distance to Kaufman, Ennis, and the DFW metro area.

    Overview

    This 49-acre tract is located along FM 148 in Scurry, Kaufman County, Texas. It presents an opportunity for a ranch, homestead, recreational property, or future investment. The land features gently rolling terrain with a mix of open pasture and natural vegetation, suitable for livestock, agricultural use, or building. The size and layout allow for multiple potential building sites while maintaining privacy and scenic views. With direct frontage on FM 148, the property offers easy access and visibility, an added benefit for future development or long-term investment. Utilities are available nearby, and the property is located outside city limits, providing flexibility with fewer restrictions. Situated in the Scurry-Rosser ISD and within driving distance to Kaufman, Ennis, and the Dallas-Fort Worth metro area, this property combines country living with accessibility to modern conveniences. It is suited for building, running cattle, recreational use, or investment in a growing area of Kaufman County.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Discount Store Electrical Service (Bike/Boat/Book/etc) Store Pet Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scurry
    County
    Kaufman
    State
    Texas
    Longitude
    -96.349837
    Latitude
    32.410056

    Nearby Similar for Sale

    • $535,000
      2,200 SF

      Scurry Barndominium with 10 Acres

      Barndominium on 10 acres with barn and workshop.
      14643 County Road 4060, Scurry, TX 75158
      View Details
    • $4,600,000

      Texas Golf Destination For Sale

      140-acre golf course with expansion potential in Kaufman County.
      0 Co Rd 4067, Scurry, TX 75158
      View Details
    • $569,000
      1,848 SF

      Scurry Farm/Ranch with Acreage

      Charming country home on 14.36 acres near Dallas.
      10276 Timber Trail, Scurry, TX 75158
      View Details
    • $185,000

      Versatile Land in Scurry, TX

      2.12-acre corner property with excellent road frontage and visibility.
      14628 FM 148, Scurry, TX 75158
      View Details
    • $975,000

      Scurry, TX Pasture Land

      30.536-acre pasture land with income-generating opportunities and development potential.
      8244 S FM 148, Scurry, TX 75158
      View Details
    • $104,900

      Scurry, TX Unimproved Residential Land

      Secluded 3.02 acres outside city limits, near Dallas.
      0 County Road 4061, Scurry, TX 75158
      View Details
    • $159,000

      6.64 Acres in Kaufman County

      Unimproved land perfect for a private retreat or small farm.
      5961 County Road 4127, Scurry, TX 75158
      View Details
    • $1,175,000

      60-Acre Ranch with Large Pond

      60-acre ranch ideal for dream home or livestock.
      00 Fm Rd 148, Scurry, TX 75158
      View Details
    • $949,000

      Land for Development or Homestead

      83.895 acres near Dallas, ideal for homesteading or development.
      Tbd FM-1390, Scurry, TX 75158
      View Details
    • $4,433,400

      Scurry Ranch with Development Potential

      246-acre ranch near Dallas with development opportunities.
      8627 CO RD 4096, Scurry, TX 75158
      View Details
    • $129,900

      Cleared Land in Scurry, TX

      1.4 acre homesite ready for your dream build!
      Tbd County Road 4090, Scurry, TX 75158
      View Details
    • $159,000

      Scurry, TX 6.64-Acre Land

      6.64 acres in Kaufman County, perfect for homesteading or farming.
      5961 CR 4127, Scurry, TX 75158
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 49-acre tract ideal for ranch, homestead, or investment.
    Where is this agricultural land / farmland located?
    The property is located at 16674 FM148 Scurry, TX.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: Large 49‑acre tract ideal for ranching, homesteading, recreation, or investment.; Conveniently located on FM 148 with direct frontage and easy access.; Mix of open pasture and natural vegetation with gently rolling terrain.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Pegasus Property Group CCIM
    Real Estate License ID: 0755167
    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
    16674 FM148, Scurry, TX 75158
    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!