Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3499 Co Rd 4120 Cumby, TX 75433

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    33.187-acre tract outside Cumby, TX with 1,501 feet frontage.

    Type:LAND
    Lot size:
    33.19 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    362
    Last Refresh:
    Apr 5 at 11:30 pm

    Property Features for 3499 Co Rd 4120

    General Information

    Standard status
    Active
    Lot size
    33.19 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Chris Hargrave

    Listing agent Chris Hargrave

    Listing office M&D Real Estate LP

    Listing date Apr 29, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of M&D Real Estate LP

    Overview

    33.187 Acres in Cumby, TX

    This 33.187-acre tract is available for sale in Cumby, TX, situated outside the city limits. The property is located within the expanding community of Hopkins County. It features 1,501 feet of frontage along Farm to Market 275, providing excellent visibility. The site is located in a non-flood zone. The property is positioned two miles north of Interstate 30, three miles south of State Highway 11, and nine miles east of State Highway 24, offering convenient access to major thoroughfares.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumby
    County
    Hopkins
    State
    Texas
    Longitude
    -95.8256
    Latitude
    33.0878

    Nearby Similar for Sale

    • $3,399,000
      4,085 SF

      Texas Estate with Modern Farmhouse

      97-acre Texas estate featuring a custom-built home and stocked ponds.
      1818 County Road 1151, Cumby, TX 75433
      View Details
    • $525,000
      1,728 SF

      Multi-Use Commercial Property on I-30

      Commercial property with salon, apartment, and redevelopment potential on 2 acres.
      8050 W Interstate Highway 30, Cumby, TX 75433
      View Details
    • $439,000

      Commercial Property Near Interstate 30

      Versatile 2,460 SF commercial building with high-traffic visibility near I-30.
      0 I-30 E, Cumby, TX 75433
      View Details
    • $1,095,000

      106+ Acre Income-Producing Ranch

      Versatile ranch property near I-30, one hour from Dallas.
      1203 County Road 4132, Cumby, TX 75433
      View Details
    • $775,000
      4,350 SF

      Spacious Farmhouse on 14 Acres

      Custom 5-bedroom home on 14 acres near EastTexas A&M.
      347 County Road 4736, Cumby, TX 75433
      View Details
    • $300,000

      Land with Utilities in Place

      15+ acre tract in Miller Grove ISD with utilities.
      8248 Farm Road 2653 S, Cumby, TX 75453
      View Details
    • $20,000

      Land Ready For Development

      Unimproved land near I-30, suitable for various uses.
      102 Frisco Street, Cumby, TX 75433
      View Details
    • $328,995

      Ag-Exempt Land with Utilities

      24 acres with utilities, stock tanks, creek, barn, and RV shed.
      405 County Road 1126, Cumby, TX 75433
      View Details
    • $1,500,000
      1,548 SF

      Move-In Ready 68-Acre Farm

      68-acre farm with modern comforts, ready for livestock.
      1008 COUNTY ROAD 4133, Cumby, TX 75433
      View Details
    • $84,900

      Unimproved Land in Cumby, Texas

      2.711 acres of land ready for your dream property.
      Lot 17 County Road 1126, Cumby, TX 75433
      View Details
    • $20,000

      Main Street City Lot

      Unimproved city lot on Main Street in Cumby, Texas.
      206 E Main Street, Cumby, TX 75433
      View Details
    • $149,000

      Land Ready for Development

      7.46 acres in Cumby, TX with utilities on site.
      1550 County Road 1136, Cumby, TX 75433
      View Details

    FAQs

    What type of property is this?
    Land - 33.187-acre tract outside Cumby, TX with 1,501 feet frontage.
    Where is this land located?
    The property is located at 3499 Co Rd 4120 Cumby, TX.
    What are key features of this property?
    This property features: 33.187‑acre tract offers significant development opportunities.; Located outside city limits in the expanding community of Hopkins County.; 1,501 feet of frontage on Farm to Market 275 provides excellent visibility.
    (972) 922-3691 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Hargrave
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!