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

    604 County Road 3561 Dike, TX 75437

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $99,000

    Land available in Hopkins County, Texas.

    Type:Land
    Added:
    Jun 29, 2025
    Days on Market:
    293
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for 604 County Road 3561

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Ashley Hammons
    Ashley Hammons

    Listing agent Ashley Hammons License #0615230

    Listing office AT HOME TEXAS REAL ESTATE

    Listing date Jun 29, 2025

    Source Evrealestate

    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 AT HOME TEXAS REAL ESTATE

    Overview

    Land For Sale in Dike

    Located off County Road 3561 in Dike, Hopkins County, Texas, this land is accessible from FM 69 via County Road 3525 and County Road 3562. The property is for sale.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Dike
    County
    Hopkins
    State
    Texas
    Longitude
    -95.443791
    Latitude
    33.281668

    Nearby Similar for Sale

    • $799,000
      3,086 SF

      Spacious Home on Ag-Exempt Land

      Four-bedroom home on 41.21 acres with ponds and barn.
      Lot 4 County Road 3566, Dike, TX 75437
      View Details
    • $99,000

      Wooded Land in Dike, TX

      7.56 acres of wooded land with potential.
      604 County Road 3561, Dike, TX 75437
      View Details
    • $200,000

      Hopkins County Land For Sale

      42+ acres in Hopkins County with AG exemption.
      Tract 1 County Road 3525, Dike, TX 75437
      View Details
    • $1,700,000

      Texas Ranch Opportunity Near Dallas

      300+ acre ranch, ideal retreat, recreation, or hunting destination.
      0000 County Road 3566, Dike, TX 75437
      View Details
    • $65,000

      Two Acre Lot in Dike

      Two acre lot ready for your dream home.
      Lot 34 County Road 3512, Dike, TX 75482
      View Details
    • $449,000

      Land with Pasture and Trees

      32.425-acre property with pasture, trees, and ponds in Dike, TX.
      1683 County Road 3563, Dike, TX 75437
      View Details
    • $170,000

      Land in Meadows of Deer Crossing

      5 acres in Dike, TX, ideal for building a home.
      Tbd County Road 3512, Dike, TX 75437
      View Details
    • $540,000

      56.73 Acre Ranch in Dike, TX

      56.73 acre ranch, Ag-exempt, ideal for cattle and recreation.
      Tbd County Road 3560, Dike, TX 75437
      View Details
    • $299,500

      22.106 Acres in Dike, TX

      22.106-acre property with pasture and mature trees in Dike, TX.
      1683 County Road 3563, Dike, TX 75437
      View Details
    • $149,500

      Land for Dream Home

      10+ acres of land with utilities ready for building.
      1683 County Road 3563, Dike, TX 75437
      View Details
    • $3,460,000

      Expansive Ranch Land with Lake

      365-acre ranch in Hopkins County with lake and pastures.
      Tbd County Road 3562, Dike, TX 75437
      View Details
    • $62,900

      Unimproved Land in Dike, TX

      4.26-acre property perfect for country living near Sulphur Springs.
      Tract 3 Tbd CR 3631, Dike, TX 75437
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Hopkins County, Texas.
    Where is this land located?
    The property is located at 604 County Road 3561 Dike, TX.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Hopkins County location; Located on County Road 3561; Accessible via FM 69
    (903) 454-2824
    We can help!
    Listing Contact
    Ashley Hammons
    Ashley Hammons
    Real Estate License ID: 0615230
    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!