Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land on FM-47, Point, TX Title is generated by Realmo AI

    lot 17 Fm-47, Point, TX 75472

    View on Map
    Claim this Listing
    For Sale
    $119,990

    Land available on FM-47 in Point, Texas.

    Type:Land
    Added:
    Oct 12, 2025
    Days on Market:
    236
    Last Refresh:
    Apr 9 at 1:04 am

    Property Features for lot 17 Fm-47

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Adrian Franco
    Adrian Franco

    Listing agent Adrian Franco

    Listing office

    Listing date Oct 12, 2025

    Source Evrealestate

    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 Adrian Franco

    HighLights

    • Located in Rains County.
    • Situated on FM 47.
    • Approximately 0.8 miles north of HWY 276 via FM 47 from Emory.
    • Lot is on the right side of FM 47 when traveling north.

    Overview

    The property is a lot located on FM-47 in Point, Texas. Situated approximately 0.8 miles north of HWY 276 on FM 47, after turning from Emory, the lot is located on the right side of the road. The property is located in Rains County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Point
    County
    Rains
    State
    Texas
    Longitude
    -95.871266
    Latitude
    32.928585

    Nearby Similar for Sale

    • $165,000

      Self Storage Facility with Office Space

      Concrete metal storage units with on-site offices offer an income-producing base with room to expand.
      373 Industrial Boulevard, Point, TX 75472
      View Details
    • $689,000

      Agricultural Land Tract with Ponds

      Multi-sided road frontage, open pasture, and two stock ponds support grazing, hay production, or recreational use.
      742 County Road 1144, Miller Grove, TX 75472
      View Details
    • $1,270,000

      Unimproved Agricultural Land Tract

      74.67-acre unimproved tract suited for ranching, hunting, and wildlife management with agricultural exemption options.
      Rs County Road 1402, Point, TX 75472
      View Details
    • $107,500

      Cleared Land Ready for Home

      5 acres in Point, TX, ready for your new home.
      RS County Road 1470 lot: 7, Point, TX 75472
      View Details
    • $135,000

      Five Buildable Lots in Point, TX

      Five level, cleared lots perfect for custom homes or investment.
      TBD Lot 6-10 2nd Street, Point, TX 75472
      View Details
    • $700,000

      Unimproved Acreage Tract

      Spacious, open land outside city limits with no HOA, suited for a custom home site or recreation and long-term investment.
      6345 FM-2324, Point, TX 75472
      View Details
    • $250,000

      Acreage Tract with Highway Frontage

      Prime acreage with two entrances, retention pond, and Highway 47 visibility—well suited for development or a private homesite.
      S First St, Point, TX 75472
      View Details
    • $149,900

      Fenced Pasture Acreage with Pond

      A mostly open, fenced lot with pond cross-fencing, offering flexibility for livestock, recreation, or future rural development.
      Rs County Road 4330 lot: 3, Point, TX 75472
      View Details
    • $120,000

      3-Acre Lot with Utilities

      Three-acre lot with city water and electricity in place.
      1049 Industrial Boulevard, Point, TX 75472
      View Details
    • $117,000

      Cleared Land Ready for Development

      6 acres of cleared land ready for immediate development.
      RS County Road 1462 lot: 5, Point, TX 75472
      View Details
    • $184,140

      Agricultural Land with Road Frontage

      Versatile tract with open pastures and wooded areas, suited for hay, cattle, or future agricultural development.
      Rs County Road 1520, Point, TX 75472
      View Details
    • $4,900,000

      Ranch Land with Highway Frontage

      Large, flat ranch acreage with Highway 69 frontage and ponds for flexible agricultural or development uses.
      1392 E US Highway 69, Point, TX 75472
      View Details

    FAQs

    What type of property is this?
    Land - Land available on FM-47 in Point, Texas.
    Where is this land located?
    The property is located at lot 17 Fm-47 Point, TX.
    What is the asking price?
    The asking price for this property is $119,990.
    What are key features of this property?
    This property features: Located in Rains County.; Situated on FM 47.; Approximately 0.8 miles north of HWY 276 via FM 47 from Emory.
    (214) 364-7797
    We can help!
    Listing Contact
    Adrian Franco
    Adrian Franco
    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 17 Fm-47, Point, TX 75472
    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!