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    Operational Pecan Farm in Comanche Title is generated by Realmo AI

    751 County Road 424, Comanche, TX 76442

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    Claim this Listing
    For Sale
    $1,150,000

    LAND - Comanche, TX

    Lot size:
    73.28 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    187
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for 751 County Road 424

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000000013603
    Lot size
    73.28 Acres

    Taxes and HOA fees

    Tax Description
    WOLFE PECAN DEV 02, 45.34ac, DEV 04, 28.48ac
    Tax Annual Amount
    4328

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Joshua Deal

    Listing agent Joshua Deal License #0648726

    Listing office Keller Williams Brazos West Weatherford, TX

    Listing date Nov 27, 2025

    MLS# 21121120 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

    • Fully operational, turn‑key pecan farm business ready for immediate productivity.
    • 69.58 acres of contiguous pecan orchard with multiple varieties (48ac Wichita, 21.5ac).
    • Comprehensive irrigation system providing approximately 1 ac‑ft of water per acre yearly.
    • Extensive infrastructure including 1,152 sqft office, bunkhouse, and almost 14,000 sqft processing/shipping space.
    • Included orchard equipment with full inventory list available.
    • Established orchard management program including aeration, fertilization, and hedging.

    Overview

    This is a fully operational pecan farm, a turn-key business opportunity for new owners to immediately engage in the growth and harvest of multiple pecan varieties in Comanche County. The property includes 69.58 acres of contiguous orchard land situated near the processing headquarters. Approximately 48 acres are dedicated to Wichita pecan trees, while 21.5 acres feature other varieties. The trees benefit from drip irrigation, facilitated by an agreement with the Lake Proctor Irrigation Authority, providing approximately 1 acre-foot of water per acre annually. The orchard also receives annual soil aeration, yearly applications of nitrogen and zinc, and biannual applications of a balanced fertilizer blend. A hedging program is implemented to maximize pecan production and quality. Additional improvements include a 1,152 square foot office, a bunkhouse for employees, and nearly 14,000 square feet of space housing all the machinery required for cleaning, processing, and shipping harvested pecans. Orchard equipment is included in the sale, and a full inventory list is available with proof of funds. The property is located at 751 County Road 424, Comanche, TX.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Comanche
    County
    Comanche
    State
    Texas
    Longitude
    -98.53029902
    Latitude
    32.01225493

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    FAQs

    What type of property is this?
    Farm - Turn-key pecan farm with processing facilities and equipment included.
    Where is this farm located?
    The property is located at 751 County Road 424 Comanche, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Fully operational, turn‑key pecan farm business ready for immediate productivity.; **69.58 acres of contiguous pecan orchard** with multiple varieties (48ac Wichita, 21.5ac).; Comprehensive irrigation system providing approximately 1 ac‑ft of water per acre yearly.
    (817) 441-4000
    We can help!
    Listing Contact
    Joshua Deal
    Real Estate License ID: 0648726
    Learn More
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    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.

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