Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot in White Bluff Title is generated by Realmo AI

    40070 Radde Road & Cedar Hill Dr, Whitney, TX 76692

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Whitney, TX

    Lot size:
    0.31 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    107
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for 40070 Radde Road & Cedar Hill Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Brush
    Standard status
    Active
    APN
    150341
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Lori Proctor

    Listing agent Lori Proctor License #0585372

    Listing office 24fifteen Realty Austin, TX

    Listing date Feb 18, 2026

    MLS# 21169622 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

    • All amenities transfer with the sale, including 36 rounds of golf per year, four swimming pools, two boat ramps, marina, RV parks, tennis courts, two restaurants, conference center, salon and fitness center, and lodging for guests.
    • Located in the White Bluff community, offering a resort lifestyle.
    • Lot backs up to Corp land.
    • Corner lot.
    • Suitable for builders, investors, or building a dream home.
    • Seller is motivated and will consider financing.

    Overview

    This for-sale corner lot offers a build-ready opportunity in the White Bluff community. The lot sits on the corner and backs up to Corp land, creating a practical setup for future home planning. At sale, amenities transfer with the property, giving buyers an established lifestyle component in addition to the real estate.

    The property is located in Whitney, Texas (Hill County), with the address shown as 40070 Radde Road & Cedar Hill Dr. The listing highlights access to a full set of community amenities designed for everyday recreation and guest hosting.

    For builders, investors, or end users looking to develop or purchase a personal residence, this lot’s corner position and back-to-Corp-land orientation can be appealing for shaping site layout and privacy considerations. The amenity package described with the sale includes 36 rounds of golf per year across two 18-hole courses, four swimming pools, two boat ramps, a marina, RV parks, tennis courts, two restaurants, a conference center, a salon and fitness center, and lodging for guests. The seller is motivated and will consider financing, which may help qualified buyers move forward more efficiently.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Whitney
    County
    Hill
    State
    Texas
    Longitude
    -97.3167
    Latitude
    31.9659

    Nearby Similar for Sale

    • $2,500,000

      Turnkey Bar and Restaurant

      Fully equipped bar and restaurant with updated interior and exterior improvements, positioned near Lake Whitney for steady demand.
      3261 Fm 933, Whitney, TX 76692
      View Details
    • $875,000
      13,362 SF

      Retail Property with Vacant Space

      Retail property with Family Dollar and vacant, remodeled space.
      309 S Bosque Street, Whitney, TX 76692
      View Details
    • $339,900

      Live-Work Office and Residence

      Versatile live-work setup with a climate-controlled workshop garage, reception space, private office, and business-ready frontage.
      5528 Fm 933, Whitney, TX 76692
      View Details
    • $130,000

      Commercial Land with Road Frontage

      An accessible, high-visibility lot on FM 1713 with utilities in place and flexible access for business or development.
      1023 Fm 1713, Whitney, TX 76692
      View Details
    • $2,750,000

      Lake-View Ranch with Development Potential

      Turnkey working ranch with a large home, livestock facilities, and elevated build sites with Lake Whitney views.
      338 Hcr 2124 Loop, Whitney, TX 76692
      View Details
    • $2,600,000

      Lake Whitney Resort Investment Opportunity

      Fifteen-unit complex in White Bluff Resort near Lake Whitney.
      17094 Trailwood Drive, Out Of Area, TX 76692
      View Details
    • $259,750

      Commercial Development Land with Utilities

      Flexible land on a dedicated road with city water and sewer in place for commercial or residential development.
      Sims Drive, Whitney, TX 76692
      View Details
    • $648,130

      Recreational Acreage with Ponds

      A rural tract with pasture, mature trees, and multiple ponds—well suited for hunting, wildlife viewing, or a weekend retreat.
      HCR 2115, Whitney, TX 76692
      View Details
    • $800,000

      Lakefront RV Park with Storage

      Well-kept lakefront RV park with secured entry, full hookups, and multiple on-site income streams.
      128 Yellowstone Drive, Whitney, TX 76692
      View Details
    • $389,250

      Commercial and Residential Development Land

      Two tracts separated by a dedicated road offer flexible development with city water and sewer already in place.
      Sims Drive, Whitney, TX 76692
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner home-site backs to company land in White Bluff, with resort amenities transferring at closing.
    Where is this residential land & home lot located?
    The property is located at 40070 Radde Road & Cedar Hill Dr Whitney, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: All amenities transfer with the sale, including 36 rounds of golf per year, four swimming pools, two boat ramps, marina, RV parks, tennis courts, two restaurants, conference center, salon and fitness center, and lodging for guests.; Located in the White Bluff community, offering a resort lifestyle.; Lot backs up to Corp land.
    (512) 770-6526
    We can help!
    Listing Contact
    Lori Proctor
    Real Estate License ID: 0585372
    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
    40070 Radde Road & Cedar Hill Dr, Whitney, TX 76692
    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!