Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tranquil 20-Acre Country Parcel Title is generated by Realmo AI

    TBD 20 Dale Acres Road, Milford, TX 76670

    View on Map
    Claim this Listing
    For Sale
    $395,000

    LAND - Milford, TX

    Lot size:
    20.00 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for TBD 20 Dale Acres Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    249361
    Lot size
    20.00 Acres

    Taxes and HOA fees

    Tax Description
    683 W B MCLELLAND 62.456 ACRES
    Tax Annual Amount
    284

    We can help!

    Listing Contact
    Lance Rust

    Listing agent Lance Rust License #0511897

    Listing office Joe Rust Company Waxahachie, TX

    Listing date Apr 22, 2026

    MLS# 21246462 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Tranquil 20‑acre parcel in a secluded country setting with stunning views
    • Conveniently located close to major highways for easy commutes and errands
    • Water meter already in place and conveys to the Buyer
    • Deed restrictions ensure a quiet, clean, and inviting environment
    • Gentle slope adds character and enhances the views
    • Additional acreage (up to 63 acres) is available with flexible boundary lines

    Overview

    This tranquil 20-acre parcel is nestled in the country, offering wide-open space. The land features a gentle slope that adds character and stunning views. Deed restrictions help ensure a quiet, clean, and inviting setting. The property is close to major highways, making commutes and errands convenient. A water meter will convey to the Buyer. Additional acreage (up to 63 acres) is available, and boundary lines can be flexible. The property is currently planted in corn, so please do not drive on the property. The property is located in Milford, Texas.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Ellis
    State
    Texas
    Longitude
    -96.9203718
    Latitude
    32.1298831

    Nearby Similar for Sale

    • $129,000
      750 SF

      Move-In Ready Downtown Retail Space

      Versatile brick storefront with recent paint, well suited for retail, studio, or professional office uses.
      111 N Main Street, Milford, TX 76670
      View Details
    • $109,000

      Downtown Brick Retail-Office Building

      Brick building in Opportunity Zone with versatile layout and rear bathroom, suited for retail, office, or studio use.
      109 N Main Street, Milford, TX 76670
      View Details
    • $13,684,350
      3,261 SF

      Expansive Texas Estate with Acreage

      1368-acre Texas estate with home, pastures, farmland, and woodlands.
      329 Lowell Road, Milford, TX 76670
      View Details
    • $915,888

      Milford Ranch Homesite with Lake Views

      10.5-acre homesite in gated ranch community with lake access.
      FM 308, Milford, TX 76670
      View Details
    • $99,000

      Downtown Building with Courtyard

      Versatile 750 SF downtown storefront with courtyard access, adaptable for retail, office, or food concepts in an Opportunity Zone.
      107 N Main Street, Milford, TX 76670
      View Details
    • $3,001,056

      187.5 Acres of Unimproved Land

      187.5 acres near I-35, suitable for investment or agricultural use.
      748 S Fm 308, Milford, TX 76670
      View Details
    • $129,000
      750 SF

      Downtown Milford Commercial Space For Sale

      Charming 750 SF commercial space in downtown Milford, Texas.
      111 North Main Street, Milford, TX 76670
      View Details
    • $1,063,500

      Development and Recreation Acreage

      Acreage with fields, woods, a seasonal creek, and substantial road frontage for flexible future plans.
      HCR 4365, Milford, TX 76670
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 20 acres in the country, perfect for a dream home.
    Where is this agricultural land / farmland located?
    The property is located at TBD 20 Dale Acres Road Milford, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Tranquil 20‑acre parcel in a secluded country setting with stunning views; Conveniently located close to major highways for easy commutes and errands; Water meter already in place and conveys to the Buyer
    (972) 333-4143
    We can help!
    Listing Contact
    Lance Rust
    Real Estate License ID: 0511897
    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
    TBD 20 Dale Acres Road, Milford, TX 76670
    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!