Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Live-Now Land with Cabin and Shop Title is generated by Realmo AI

    224 Hcr 1114, Blum, TX 76627

    View on Map
    Claim this Listing
    For Sale
    $279,999

    LAND - Blum, TX

    Lot size:
    11.00 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for 224 Hcr 1114

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    351576
    Lot size
    11.00 Acres

    Taxes and HOA fees

    Tax Description
    RANCHES AT BOBCAT RIDGE LT 22 11.00 AC
    Tax Annual Amount
    945

    Utilities

    Sewer type
    Aerobic Septic

    We can help!

    Listing Contact
    Debby Miller

    Listing agent Debby Miller License #0691202

    Listing office Christie's Lone Star Dallas, TX

    Listing date Apr 14, 2026

    MLS# 21081091 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

    • 11 acres in Blum with an existing 1 bed, 1 bath cabin for immediate use while planning future construction
    • Large shop/garage on the property for equipment, tools, hobbies, or a small business setup
    • Aerobic septic system on site
    • Light HOA restrictions reported, providing flexibility for how you use the property
    • Land‑and‑structure setup described as intended for live‑now, build‑later use

    Overview

    This for-sale property offers a flexible 11-acre setting in Blum, TX, with existing improvements designed for practical, immediate use. A 1-bedroom, 1-bath cabin provides livability right away, allowing buyers to secure the land now and plan a build later. The property also includes a large shop/garage that can support a range of uses, from storage for equipment and tools to hobbies and small business activity. Light HOA restrictions are referenced as a factor that helps protect the area while still allowing owners room to make the property their own.

    The acreage layout is positioned to balance usable space with privacy and long-term flexibility. The combination of land and functional onsite structures can be attractive to buyers looking for more than a vacant parcel, especially those who want the option to use the cabin while working toward future construction. The property is described as being within reach of Fort Worth, offering a rural feel with access to a larger metro area.

    From a tenant or investor standpoint, the live-now arrangement can support income potential down the road, while current use may also appeal to owners seeking a weekend retreat or guest setup. For developers and custom-home buyers, the onsite cabin and shop add immediate utility while the land serves as the foundation for a future primary residence or expanded improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Blum
    County
    Hill
    State
    Texas
    Longitude
    -97.425362
    Latitude
    32.186587

    Nearby Similar for Sale

    • $3,750,000
      4,255 SF

      Secluded Blum Estate with Acreage

      91-acre estate featuring a main residence, guest house, and equestrian facilities.
      1561 Fm 934, Blum, TX 76627
      View Details
    • $3,350,000
      4,255 SF

      Blum, Texas Farm/Ranch Estate

      Private estate with luxury home, guest house, and equestrian facilities.
      1561 FM 934, Blum, TX 76627
      View Details
    • $179,000
      180 SF

      Riverfront Commercial Land with Highway Exposure

      Over 10 acres with Nolan River frontage and prime Highway 174 visibility, plus an existing fireworks stand.
      TX-174, Blum, TX 76627
      View Details
    • $795,000

      50 Acres of Coastal Land

      Ag-exempt 50-acre ranch land with coastal and road frontage.
      HCR 1443, Blum, TX 76627
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 11-acre property includes a 1-bedroom cabin and a large shop, supporting both immediate use and future development.
    Where is this residential land & home lot located?
    The property is located at 224 Hcr 1114 Blum, TX.
    What is the asking price?
    The asking price for this property is $279,999.
    What are key features of this property?
    This property features: 11 acres in Blum with an existing 1 bed, 1 bath cabin for immediate use while planning future construction; Large shop/garage on the property for equipment, tools, hobbies, or a small business setup; Aerobic septic system on site
    (214) 821-3336
    We can help!
    Listing Contact
    Debby Miller
    Real Estate License ID: 0691202
    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
    224 Hcr 1114, Blum, TX 76627
    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!