Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    516 PRIVATE 2308 Road Quinlan, TX 75474

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $150,000

    Ranch, Farm/Ranch - Quinlan, TX

    Type:Farm
    Property size:
    1,200 SF
    Lot size:
    1.50 Acres
    Price / SF:
    $125/SF
    Added:
    Nov 6, 2021
    Days on Market:
    1643
    Last Refresh:
    May 6 at 1:06 pm

    Property Features for 516 PRIVATE 2308 Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Open
    Interior features
    Central Vacuum
    Appliances
    Range
    Standard status
    Active Under Contract
    APN
    TBD
    Size
    1,200 SF
    Lot size
    1.50 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2010
    Floors in Building
    1
    Flooring type
    Laminate
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Irma Monzon

    Listing agent Irma Monzon License #0455934

    Listing office Lone Star Realty 12011 High Star Dr, Plano, TX

    Listing date Nov 6, 2021

    MLS# 14680735 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

    • Owner financing available with $50K down.
    • Ranch style property suitable for cattle, dairy, and pasture.
    • Built in 2010.
    • Central heating and cooling (electric).
    • Features a central vacuum system.
    • Laminate flooring throughout.

    Overview

    Quinlan Ranch with Pasture

    This ranch property, located in Quinlan, Texas, is available for purchase. The property, referred to as 'SWEET HOME RANCH', includes pasture and a well, making it suitable for cattle or dairy farming. The lot size is 1.5 acres. The property includes a 1200 square foot structure. Owner financing is available with a $50,000 down payment.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Quinlan
    County
    Hunt
    State
    Texas
    Longitude
    -96.1709
    Latitude
    32.9155

    Nearby Similar for Sale

    • $685,000

      Versatile Commercial Space on 1.25 Acres

      8,000+ sq ft commercial space with easy highway access.
      111 Frontier Drive, Quinlan, TX 75474
      View Details
    • $1,400,000
      5,500 SF

      Quinlan Office/Retail Development Opportunity

      Prime commercial lot with existing building and highway frontage.
      8866 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $379,000

      Mixed-Use Property with Multifamily Units

      Commercial property featuring multifamily units, storage, and shop spaces.
      11103 FM 751, Quinlan, TX 75474
      View Details
    • $499,000
      3,000 SF

      Quinlan Office Building For Sale

      High-visibility Quinlan office building in a high-traffic commercial area.
      8883 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $1,200,000
      4,800 SF

      Lake Tawakoni Ranch with Barndominium

      75.8 acre ranch near Lake Tawakoni with multiple dwellings.
      1100 E Rabbit Cove Road, Quinlan, TX 75474
      View Details
    • $548,750
      576 SF

      Quinlan Farm/Ranch Opportunity

      5.15 acre farm/ranch property in Quinlan, Texas.
      1327 County Road 3702, Quinlan, TX 75474
      View Details
    • $1,499,999
      3,144 SF

      Quinlan, TX - 50 Acre Retreat

      50-acre Quinlan, TX retreat with a two-story residence.
      6569 Fm 2947, Quinlan, TX 75474
      View Details
    • $450,000
      3,750 SF

      Industrial-Flex Space with Office

      Industrial-flex space featuring office, roll-up doors, and storage building.
      10015 Fm 751 Quinlan, TX 75474
      View Details
    • $499,000
      3,000 SF

      High-Visibility Quinlan Commercial Building

      3,000 SF commercial building in high-traffic Quinlan location.
      8883 State Highway 34 S, Quinlan, TX 75474
      View Details
    • $450,000
      40,772 SF

      Industrial-Flex Space with Office

      Industrial-flex space featuring office, roll-up doors, and storage.
      10015 Fm 751, Quinlan, TX 75474
      View Details
    • $499,000
      3,000 SF

      Quinlan Commercial Building For Sale

      High-visibility commercial building in Quinlan's primary commercial district.
      8883 State Hwy 34, Quinlan, TX 75474
      View Details
    • $265,000
      918 SF

      High-Traffic Area on Highway 34

      Commercial property on busy Highway 34, across from Walmart.
      8782 State Highway 34 S, Quinlan, TX 75474
      View Details

    FAQs

    What type of property is this?
    Farm - Ranch property in Quinlan, Texas, suitable for cattle.
    Where is this farm located?
    The property is located at 516 PRIVATE 2308 Road Quinlan, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Owner financing available with $50K down.; Ranch style property suitable for cattle, dairy, and pasture.; Built in 2010.
    (214) 994-9844
    We can help!
    Listing Contact
    Irma Monzon
    Real Estate License ID: 0455934
    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

    Thank You for Inquiry
    516 PRIVATE 2308 Road, Quinlan, TX 75474
    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!