Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    16 Acres of Texas Countryside Title is generated by Realmo AI

    345 CR 3346, Hubbard, TX 76648

    View on Map
    Claim this Listing
    For Sale
    $229,000

    Unimproved Land - Hubbard, TX

    Type:Unimproved Land
    Lot size:
    16.32 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    26
    Last Refresh:
    May 25 at 3:06 am

    Property Features for 345 CR 3346

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    116839
    Lot size
    16.32 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Adams

    Listing agent John Adams License #0832477

    Listing office EG Realty 2201 Washington Ave., Waco, TX

    Listing date Apr 30, 2026

    MLS# 21255859 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

    • 16 acres of Texas countryside suitable for building, recreation, or livestock.
    • Scenic stocked pond.
    • Good perimeter fencing.
    • Abundant wildlife for hunting or observation.
    • Peaceful rural setting.
    • Waterfront feature.

    Overview

    This 16.32-acre property located in Hubbard, TX, features a blend of functionality and natural beauty. The land includes a stocked pond and good perimeter fencing suitable for livestock or recreational use. The property is characterized by abundant wildlife, offering opportunities for hunting and outdoor activities. The open space and rural setting make it suitable for building a home, weekend getaway, or for running cattle or horses. The property is located at 345 CR 3346, Hubbard, TX 76648.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Hubbard
    County
    Hill
    State
    Texas
    Longitude
    -96.8135
    Latitude
    31.8345

    Nearby Similar for Sale

    • $330,000
      2,308 SF

      Equestrian-Friendly Country Oasis with Barn

      5+ acre property with home, barn, and gardens near Hubbard, TX.
      471 HCR 3335 Road, Hubbard, TX 76648
      View Details
    • $300,000

      Versatile Commercial Property in Hubbard

      Two metal buildings on a generous lot in Hubbard, Texas.
      302 N Elm Avenue, Hubbard, TX 76648
      View Details
    • $895,000
      2,226 SF

      Luxury Home on Picturesque Acres

      Stunning rock home on 55 acres near Hubbard, Texas.
      535 HCR 3350 N, Hubbard, TX 76648
      View Details
    • $895,000

      80-Acre Land with Renovated Farmhouse

      Land with ponds, renovated farmhouse, and pole barn near Hubbard.
      148 Hcr 3341, Hubbard, TX 76648
      View Details
    • $800,000

      50 Acres in Hubbard, Texas

      50-acre property with water, improvements, and room to grow.
      637 HCR 3320, Hubbard, TX 76648
      View Details
    • $19,900

      Unimproved Land in Hubbard, TX

      Partially wooded lot near Waco, Corsicana, and Mexia.
      203 SW 4TH, Hubbard, TX 76648
      View Details
    • $1,460,000

      73-Acre Ranch Bordering Highway 31

      73 acres with commercial or residential development potential near Hwy 31.
      Tbd HCR 3363, Hubbard, TX 76648
      View Details
    • $49,500

      Ready-to-Build Lot in Hubbard, TX

      City utilities installed on this ready-to-build lot.
      304 N Miller Avenue, Hubbard, TX 76648
      View Details
    • $119,899

      Unrestricted 5-Acre Texas Ranch

      5-acre unrestricted ranch ready for self-sufficient living.
      182 Hill County Road 3352, Hubbard, TX 76648
      View Details
    • $543,000

      71 Acres of Texas Prairie

      Unimproved land featuring ponds and native grasses near major cities.
      Tbd HCR 3352, Hubbard, TX 76648
      View Details
    • $350,000

      Unimproved Land in Hubbard, TX

      11.1-acre tract in Hubbard, TX with no restrictions.
      758 CR 3369, Hubbard, TX 76648
      View Details
    • $132,000

      11 Acres of Open Pastureland

      Unrestricted 11-acre tract near Hubbard, TX, ideal for diverse uses.
      11 Acres | Tbd County Rd 3150, Hubbard, TX 76648
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 16-acre property with pond, fencing, and abundant wildlife.
    Where is this agricultural land / farmland located?
    The property is located at 345 CR 3346 Hubbard, TX.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 16 acres of Texas countryside suitable for building, recreation, or livestock.; Scenic stocked pond.; Good perimeter fencing.
    (254) 218-4220
    We can help!
    Listing Contact
    John Adams
    Real Estate License ID: 0832477
    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
    345 CR 3346, Hubbard, TX 76648
    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!