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

    4581 Highway 171 Bynum, TX 76631

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $547,560

    60+ acres of unrestricted land perfect for agriculture or development.

    Type:Lots & Acreage / Improved Land
    Property size:
    2,650,190 SF
    Lot size:
    60.84 Acres
    Added:
    May 27, 2025
    Days on Market:
    325
    Last Refresh:
    Mar 13 at 5:06 pm

    Property Features for 4581 Highway 171

    General Information

    Standard status
    Active
    Size
    2,650,190 SF
    Lot size
    60.84 Acres
    Property subtype
    Lots & Acreage / Improved Land

    We can help!

    Listing Contact
    Jamie Siddons
    Jamie Siddons

    Listing agent Jamie Siddons License #0443689

    Listing office Julie Siddons REALTORS, LLC

    Listing date May 27, 2025

    Source Compass

    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 Julie Siddons REALTORS, LLC

    Overview

    Unrestricted Land Ideal for Development

    This property features over 60 acres of unrestricted land suitable for residential, agricultural, or investment purposes. Approximately 19 acres consist of established pasture, with the remaining acreage comprising cultivated crop land. The property is located off paved State Highway 171. It is suited for agriculture, livestock, or future development. Water is supplied by three wells and a large pond that holds water year-round. Electricity and water are available nearby. The property offers open spaces and peaceful surroundings.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Bynum
    County
    Hill
    State
    Texas
    Longitude
    -96.977415
    Latitude
    31.950455

    Nearby Similar for Sale

    • $896,100

      Farmland with Live Creek Frontage

      59.74 acres of unimproved farmland in Bynum, Texas.
      T B D HCR 3124 (Main ST), Bynum, TX 76631
      View Details
    • $547,560

      Unrestricted Land Ideal for Development

      60+ acres of unrestricted land perfect for agriculture or development.
      4581 State Highway 171, Bynum, TX 76631
      View Details
    • $400,000

      Expansive Farm Land with Development Potential

      39.64-acre farm with road frontage, barns, and cultivation.
      Tbd HCR 3430, Bynum, TX 76631
      View Details
    • $2,999,999

      Bynum Ranch with Income Potential

      207-acre ranch near Dallas with income-producing opportunities.
      764 Hcr 3422 County Road 3422, Bynum, TX 76631
      View Details
    • $399,000

      Bynum, TX Ranch Land

      29.42-acre ranch property with pasture, barn, and utilities near I-35.
      325 HCR 4264, Bynum, TX 76631
      View Details
    • $716,880

      Open Farmland with Creek Frontage

      Productive farmland featuring frontage on Ash Creek in Bynum, Texas.
      T B D HCR 3124, Bynum, TX 76631
      View Details
    • $2,999,999

      207-Acre Ranch South of Dallas

      207-acre ranch property with income potential near Bynum, Texas.
      764 County Road 3422, Bynum, TX 76631
      View Details
    • $2,587,620

      Productive Farmland with Creek Frontage

      431-acre farmland with tenant, creek frontage, and road access.
      S H CR 3424, Bynum, TX 76660
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 60+ acres of unrestricted land perfect for agriculture or development.
    Where is this agricultural land / farmland located?
    The property is located at 4581 Highway 171 Bynum, TX.
    What is the asking price?
    The asking price for this property is $547,560.
    What are key features of this property?
    This property features: Over 60 acres of unrestricted land - suitable for a home, farm, investment, or development.; Approximately 19 acres of established pasture and cultivated crop land.; Located off paved State Highway 171.
    (254) 337-0217
    We can help!
    Listing Contact
    Jamie Siddons
    Jamie Siddons
    Real Estate License ID: 0443689
    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!