Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Home Building Lot Title is generated by Realmo AI

    205 Pheasant Run, Sunset, TX 76270

    View on Map
    Claim this Listing
    For Sale
    $110,000

    LAND - Sunset, TX

    Lot size:
    5.01 Acres
    Added:
    Aug 31, 2025
    Days on Market:
    279
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 205 Pheasant Run

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    RV
    Standard status
    Active
    APN
    R000022512
    Lot size
    5.01 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Lauren Monjaraz

    Listing agent Lauren Monjaraz License #0655237

    Listing office League Real Estate Fort Worth, TX

    Listing date Aug 31, 2025

    MLS# 21045999 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

    • 5‑acre lot in Silver Lakes Ranch
    • RV parking available (RV)
    • Water source: public
    • Silver Lakes Ranch amenities include 2 private fishing lakes
    • Community pool, fitness center, and clubhouse on site
    • RV camping for property owners plus miles of scenic roads

    Overview

    Set among mature trees, this 5.01-acre lot in Silver Lakes Ranch offers a quiet, private setting to build a primary residence or weekend retreat. The property is currently a blank canvas, providing flexibility for your preferred home design and site layout. Natural surroundings include rolling hills and native grasses, with frequent wildlife activity such as deer, wild turkeys, and birds year-round.

    Silver Lakes Ranch includes two private fishing lakes, a community pool, fitness center, clubhouse, and RV camping for property owners, along with miles of scenic roads for walking or biking. The community setting also supports a secluded feel while keeping conveniences within reach, with Amon G. Carter Lake just minutes away for boating and swimming. Bowie is nearby for groceries and dining, and the Metroplex remains within reach for work or city outings.

    This homesite is well suited for buyers seeking a nature-forward build location with community amenities and established recreational access. It also fits investors or future homeowners who want a larger tract to shape around mature trees and a rural, peaceful lifestyle while still maintaining access to regional destinations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Department Store Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store Electrical Service Grocery & Convenience Store Cafe & Coffee Shop Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunset
    County
    Montague
    State
    Texas
    Longitude
    -97.7762
    Latitude
    33.4607

    Nearby Similar for Sale

    • $2,890,800

      Texas Ranch Land with Stock Pond

      292-acre ranch offering improved grasses, a large stock pond, tanks, mature trees, and road frontage for flexible use.
      001 Denver Road, Sunset, TX 76270
      View Details
    • $150,000

      Hay-Producing Agricultural Land Tract

      Ag-exempt, open acreage currently producing hay and offering flexibility for future home, barn, or continued livestock use.
      836 County Road 1895, Sunset, TX 76270
      View Details
    • $579,500

      40 Acres in Sunset, Texas

      40-acre property with utilities, storage, and grazing land.
      524 County Road 1792, Sunset, TX 76270
      View Details
    • $299,000

      Secluded Land with Insulated Shop

      Secluded 11.85-acre land with insulated shop near US 287.
      1746 Dog Kennel Road, Sunset, TX 76270
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A private, tree-lined 5-acre homesite in Silver Lakes Ranch with community amenities and nearby lake recreation.
    Where is this residential land & home lot located?
    The property is located at 205 Pheasant Run Sunset, TX.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: 5‑acre lot in Silver Lakes Ranch; RV parking available (RV); Water source: public
    (972) 849-9889
    We can help!
    Listing Contact
    Lauren Monjaraz
    Real Estate License ID: 0655237
    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
    205 Pheasant Run, Sunset, TX 76270
    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!