Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Property in Gated Community Title is generated by Realmo AI

    215 Lakeshore Terrace, Windom, TX 75492

    View on Map
    Claim this Listing
    For Sale
    $399,900

    Unimproved Land - Windom, TX

    Type:Unimproved Land
    Lot size:
    1.34 Acres
    Added:
    May 4, 2026
    Days on Market:
    27
    Last Refresh:
    May 30 at 7:06 pm

    Property Features for 215 Lakeshore Terrace

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000141613
    Lot size
    1.34 Acres

    Taxes and HOA fees

    Expense value
    2500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Susan Rickert

    Listing agent Susan Rickert License #0688469

    Listing office Century 21 Mike Bowman, Inc. 1600 Solana Blvd, Suite 8150, Grapevine, TX

    Listing date May 4, 2026

    MLS# 21258931 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

    • 1.3 acres of dockable lakefront property on Bois D' Arc Lake
    • Located within an hour of the DFW Metroplex
    • Gated community for added privacy and security
    • Enjoy resort‑style amenities including a clubhouse, pool, and fitness center
    • Opportunity to bring your own builder
    • Located at the end of a quiet cul‑de‑sac

    Overview

    This 1.338-acre property is located in the Five Points community on Bois D' Arc Lake. Situated at the end of a quiet cul-de-sac within a gated community, the homesite offers privacy and security. The property provides an opportunity to build a full-time residence or a weekend retreat. Residents have access to amenities including a clubhouse, pool, fitness center, pickleball courts, playground, putt-putt golf, and fishing.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Windom
    County
    Fannin
    State
    Texas
    Longitude
    -96.0058
    Latitude
    33.5659

    Nearby Similar for Sale

    • $1,550,000
      2,576 SF

      Windom Ranch with Modern Farmhouse

      Secluded ranch featuring a modern farmhouse and improved pastures.
      1044 County Road 3230, Windom, TX 75492
      View Details
    • $1,280,875

      51.235 Acres of Unimproved Land

      51.235-acre tract with frontage on Highway 82 and FM 1386.
      17560 E Fm 1396, Windom, TX 75492
      View Details
    • $600,000

      Land with Highway Frontage

      20-acre land parcel suitable for development or commercial use.
      000 Us-82, Windom, TX 75492
      View Details
    • $199,000

      Land Near Bois d’Arc Lake

      1.88 acres near Bois d’Arc Lake, Windom, Texas.
      0 County Rd 2980, Windom, TX 75492
      View Details
    • $3,900,000

      Diverse Ranch Property Near Bois d'Arc

      322+ acre ranch prime for development or long-term investment.
      1966 County Road 2980, Windom, TX 75492
      View Details
    • $253,000

      Recreational Land Near Bois D Arc Lake

      23 acres of recreational land near Bois D Arc Lake.
      23 County Road 2950, Windom, TX 75306
      View Details
    • $549,900

      Lakefront Lot in Five Points

      1.299-acre lakefront lot with lake access and water views.
      220 Lakeshore Lane, Windom, TX 75492
      View Details
    • $699,900

      Lakefront Homesite in Five Points

      Premier dock-capable lot with unobstructed western views on Bois d’Arc Lake.
      380 Harborside Terrace, Windom, TX 75492
      View Details
    • $659,900

      Lakeshore Land at Five Points

      1.5+ acre waterfront lot with dock potential.
      352 Lakeshore Lane, Windom, TX 75492
      View Details
    • $887,750

      Land with Highway Frontage

      34.51 acres with highway frontage near Bois d'Arc Lake.
      Tbd Us-82 and FM 1743, Windom, TX 75492
      View Details
    • $850,000

      Land Near Lake Bois d'Arc

      Unimproved land near Lake Bois d'Arc in Windom, Texas.
      5484 N Fm 1743, Windom, TX 75492
      View Details
    • $950,000

      Waterfront Land on Bois D'Arc

      1.431 acre waterfront lot on Bois D'Arc Lake.
      623 Lakeshore Terrace, Windom, TX 75492
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 1.3 acres of dockable lakefront property on Bois D' Arc Lake.
    Where is this waterfront land located?
    The property is located at 215 Lakeshore Terrace Windom, TX.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: 1.3 acres of dockable lakefront property on Bois D' Arc Lake; Located within an hour of the DFW Metroplex; Gated community for added privacy and security
    (817) 354-7653
    We can help!
    Listing Contact
    Susan Rickert
    Real Estate License ID: 0688469
    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
    215 Lakeshore Terrace, Windom, TX 75492
    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!