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    Custom Home on Working Farm Title is generated by Realmo AI

    2134 Rs County Road 1402, Point, TX 75472

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    Claim this Listing
    New
    For Sale
    $650,000

    Ranch,Traditional, Farm/Ranch - Point, TX

    Type:Farm
    Property size:
    2,872 SF
    Lot size:
    14.60 Acres
    Price / SF:
    $226/SF
    Added:
    May 16, 2026
    Days on Market:
    2
    Last Refresh:
    May 17 at 6:06 am

    Property Features for 2134 Rs County Road 1402

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Boat, Carport, Garage, Gated, Oversized, RV
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Cable Tv Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Dock, Rain Gutters, Lighting, Rv/Boat Parking, Stable/Barn, Storage, Fence
    Dock
    1
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Oven - Double, Refrigerator, Washer
    Standard status
    Active
    APN
    31272
    Size
    2,872 SF
    Lot size
    14.60 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1997
    Floors in Building
    1.5
    Flooring type
    Carpet, Engineered Wood, Laminate, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    New Traditional
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s), Storage

    We can help!

    Listing Contact
    Cynthia Hennig

    Listing agent Cynthia Hennig License #0512253

    Listing office Anatole Realty Group, LLC 8356 Davis Rd, Ste. 154, N. Richland Hills, TX

    Listing date May 16, 2026

    MLS# 21156714 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

    • 84.9‑acre secluded estate with multiple ponds, offering privacy and natural beauty, and the potential for subdividing.
    • Custom‑built, move‑in‑ready home with an open floor plan and gourmet kitchen featuring a Baker's Center Island, Double Ovens, Drop‑in‑Cooktop, appliance garage, and unique wood cabinetry, plus abundant natural light.
    • Working farm infrastructure including enclosed barns with water and electricity, shop, loafing shed, and storage building.
    • Rich pasture land suitable for farming, income‑producing hay, equestrian pursuits, bee‑farming, and fishing.
    • Newer updates including exterior paint, two HVAC units, and a Class 3 Roof.
    • Enjoy the oversized three‑car garage, vast gameroom with built‑in cabinetry, and abundant storage throughout the home.

    Overview

    Located in Rains County, this secluded estate offers a custom-built, 1.5-story, Country-style residence on 14.6 acres. The open-plan design is ideal for entertaining, with abundant windows that allow the morning sun to illuminate the main living spaces, including the family room and kitchen. The well-maintained home features extensive kitchen cabinetry, a center island, and a walk-in pantry. Kitchen amenities include a Baker's Center Island, double ovens, a drop-in cooktop, an appliance garage, and unique wood cabinetry. Interior features include closets, a vast gameroom with built-in cabinetry suitable for water or wine storage, split bedrooms, and abundant natural light. The residence is move-in-ready, featuring newer exterior paint, two newer HVAC units, and a newer Class 3 roof. The outdoor extended patio provides a setting for relaxing evenings. Additional amenities include an oversized three-car garage, two water heaters, enclosed closets, extra storage, and a utility room with a sink. The property offers access to Point, Lake Fork, and Lake Tawakoni. The working farm infrastructure includes enclosed barns with water and electricity, a shop, a covered two-sided loafing shed, and a covered three-bay, enclosed two-bay storage building. The property's pasture land presents opportunities for farming, income-producing coastal hay, equestrian pursuits, and bee-farming, and includes a fishing pond. The residence is located with easy access to 2134 County Rd 1402, CR 1520, and CR 1515. The residence has 2872 square feet of living space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Point
    County
    Rains
    State
    Texas
    Longitude
    -95.90545
    Latitude
    32.929026

    Nearby Similar for Sale

    • $3,200,000

      162 Acre Ranch on Lake

      Prime ranch land with lake access and development potential.
      352 Rs County Road 1605, Point, TX 75472
      View Details
    • $4,836,496

      Texas Ranch with Multiple Ponds

      493.52 acre ranch land with five ponds in Texas.
      493.52 Ac Rs County Road 4515, Point, TX 75472
      View Details

    FAQs

    What type of property is this?
    Farm - Secluded estate with custom home and farm infrastructure.
    Where is this farm located?
    The property is located at 2134 Rs County Road 1402 Point, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 84.9‑acre secluded estate with multiple ponds, offering privacy and natural beauty, and the potential for subdividing.; Custom‑built, move‑in‑ready home with an **open floor plan and gourmet kitchen** featuring a Baker's Center Island, Double Ovens, Drop‑in‑Cooktop, appliance garage, and unique wood cabinetry, plus abundant natural light.; Working farm infrastructure including enclosed barns with water and electricity, shop, loafing shed, and storage building.
    (817) 319-8183
    We can help!
    Listing Contact
    Cynthia Hennig
    Real Estate License ID: 0512253
    Learn More
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    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.

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