Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    40 Acres in Sunset, Texas Title is generated by Realmo AI

    524 County Road 1792, Sunset, TX 76270

    View on Map
    Claim this Listing
    For Sale
    $579,500

    LAND - Sunset, TX

    Lot size:
    40.17 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    61
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 524 County Road 1792

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Grassed, Wooded
    Fencing
    Fenced
    Standard status
    Active
    APN
    A0293000701
    Lot size
    40.17 Acres

    Taxes and HOA fees

    Tax Description
    A-293 FALLS CSL 40.1700 ACRES
    Tax Annual Amount
    109

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    John Jones

    Listing agent John Jones License #0682840

    Listing office Fathom Realty, LLC Hickory Creek, TX

    Listing date Apr 6, 2026

    MLS# 20665456 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

    • 40 acres of land with build sites offering privacy and scenic views
    • Existing utilities: electricity with RV hookups, water well, and septic installed
    • Cleared pastures ready for grazing
    • Heavily treed back portion with abundant game trails
    • 40 ft storage container with attached 16 ft lean‑to for covered storage/parking
    • Fenced property

    Overview

    This 40.17-acre property in Sunset, Texas, offers multiple potential build sites for those seeking privacy and scenic views. The land includes electricity with RV hookups, a water well, and a septic system. The front two pastures are cleared and suitable for grazing. The back portion of the property is heavily treed, with easily visible game trails. A 40-foot storage container provides ample storage space, complemented by an attached 16-foot lean-to for additional covered storage and parking. The property is located in Wise County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunset
    County
    Montague
    State
    Texas
    Longitude
    -97.840056
    Latitude
    33.433745

    Nearby Similar for Sale

    • $2,890,800

      Texas Ranch Land with Stock Pond

      292-acre ranch offering improved grasses, a large stock pond, tanks, mature trees, and road frontage for flexible use.
      001 Denver Road, Sunset, TX 76270
      View Details
    • $150,000

      Hay-Producing Agricultural Land Tract

      Ag-exempt, open acreage currently producing hay and offering flexibility for future home, barn, or continued livestock use.
      836 County Road 1895, Sunset, TX 76270
      View Details
    • $299,000

      Secluded Land with Insulated Shop

      Secluded 11.85-acre land with insulated shop near US 287.
      1746 Dog Kennel Road, Sunset, TX 76270
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 40-acre property with utilities, storage, and grazing land.
    Where is this agricultural land / farmland located?
    The property is located at 524 County Road 1792 Sunset, TX.
    What is the asking price?
    The asking price for this property is $579,500.
    What are key features of this property?
    This property features: 40 acres of land with build sites offering privacy and scenic views; Existing utilities: electricity with RV hookups, water well, and septic installed; Cleared pastures ready for grazing
    (888) 455-6040
    We can help!
    Listing Contact
    John Jones
    Real Estate License ID: 0682840
    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
    524 County Road 1792, Sunset, TX 76270
    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!