Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Agricultural Land with Hay Lease Title is generated by Realmo AI

    252 County Road 2431, Como, TX 75431

    View on Map
    Claim this Listing
    For Sale
    $329,999

    LAND - Other - Como, TX

    Lot size:
    25.00 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 3 at 10:06 am

    Property Features for 252 County Road 2431

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Wooded
    Standard status
    Active
    APN
    R000016193
    Lot size
    25.00 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 25.000 ABS: 548 TR: 57 SUR: LANDERS LE
    Tax Annual Amount
    276

    Building Details

    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Cassie Fleming
    Cassie Fleming

    Listing agent Cassie Fleming License #0651879

    Listing office Freedom Realty Sulphur Springs, TX

    Listing date Apr 22, 2026

    MLS# 21233016 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

    • 25‑acre property with tree‑lined boundaries and a small wooded area at the back
    • On‑site electrical pole and water availability through Brinker Water Supply
    • Currently leased for hay production with an existing agricultural exemption
    • No known restrictions reported for the agricultural exemption
    • Located in Como‑Pickton ISD

    Overview

    This 25-acre agricultural property is set up for practical use and flexible planning. The land is currently leased for hay production, and it benefits from an existing agricultural exemption with no known restrictions. On-site electrical is available via an electrical pole, and water is available through Brinker Water Supply. Tree-lined boundaries and a small wooded area at the back add privacy and a natural setting.

    The property is located at 252 County Road 2431 in Como, Texas, within the Como-Pickton ISD. It’s positioned in a rural setting where wildlife is commonly seen, including deer and other animals. Please do not enter an on-site mobile home when touring the property; schedule a visit to walk the grounds.

    For buyers looking to keep land working, the current hay lease and agricultural exemption offer a straightforward path to continuing agricultural operations. For those planning a long-term build, the utilities already in place and the established, quiet character of the property can support a range of residential and hobby-farm possibilities, while the tree-lined edges and wooded back area provide an attractive natural backdrop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Como
    County
    Hopkins
    State
    Texas
    Longitude
    -95.479473
    Latitude
    33.01191

    Nearby Similar for Sale

    • $323,750

      Agricultural Land with Stock Pond

      A fenced native-pasture tract with a stock pond, suited for homestead, grazing, or hay production.
      CR 2428, Como, TX 75431
      View Details
    • $265,000

      Fenced East Texas Land Tract

      Fully fenced agricultural-exempt acreage with gated access, pond, and county road frontage for flexible rural development.
      County Road 2437, Como, TX 75431
      View Details
    • $395,000

      Hilltop Hunting and Recreation Land

      No known restrictions with on-site water and electricity for flexible recreation, hunting, or a weekend residence.
      7649 Fm 69, Como, TX 75431
      View Details
    • $298,000

      Recreational Hunting Land with Pond

      Pristine East Texas acreage with three meadows, mature timber, and a spring-fed pond for hunting, recreation, and hay potential.
      30 Acre County Road 2425, Como, TX 75431
      View Details
    • $79,500
      346,302 SF

      7.95 Acre Rural Land Parcel

      7.95 acres of level, grassy land accessible by easement.
      7-95 County Road 2426, Como, TX 75431
      View Details
    • $79,500

      7.95 Acres Unimproved Land Parcel

      7.95-acre grassy parcel ideal for horses or cattle.
      7 .95 ac County Road 2426, Como, TX 75431
      View Details
    • $329,999

      Land For Sale in Como

      Land available for purchase in Hopkins County, Texas.
      252 County Road 2431, Como, TX 75431
      View Details
    • $224,000

      Wooded Hunting Land with Pond

      Secluded heavily wooded acreage with a small pond and creeks, suited for hunting and outdoor use.
      32 Acres County Road 2324, Como, TX 75431
      View Details

    FAQs

    What type of property is this?
    Farm - Productive farmland with utilities in place, currently leased for hay production, and suited for ongoing ag use or future build plans.
    Where is this farm located?
    The property is located at 252 County Road 2431 Como, TX.
    What is the asking price?
    The asking price for this property is $329,999.
    What are key features of this property?
    This property features: 25‑acre property with tree‑lined boundaries and a small wooded area at the back; On‑site electrical pole and water availability through Brinker Water Supply; Currently leased for hay production with an existing agricultural exemption
    (903) 348-5836
    We can help!
    Listing Contact
    Cassie Fleming
    Cassie Fleming
    Real Estate License ID: 0651879
    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
    252 County Road 2431, Como, TX 75431
    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!