Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sarra Ranch Estates Land Title is generated by Realmo AI

    Lot 35 Kilkenny Rd, Poolville, TX 76487

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Country living near Fort Worth with no HOA.

    Type:Land
    Added:
    Oct 5, 2023
    Days on Market:
    947
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for Lot 35 Kilkenny Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Matt Milligan

    Listing agent Matt Milligan License #0500456

    Listing office Trinity Country Real Estate

    Listing date Oct 5, 2023

    Source Crexi

    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 Trinity Country Real Estate

    HighLights

    • Easy 35‑minute commute to Fort Worth.
    • Lightly deed restricted with NO HOA.
    • Bring your own builder and build on your own timeline.
    • Paved roads and underground electricity.
    • High‑speed fiber optic internet available.
    • Workshops welcomed; developer will allow animal variance with multiple tracts.

    Overview

    Sarra Ranch Estates offers a rare opportunity to enjoy country living with views of oak trees and a natural rolling landscape, approximately 35 minutes from Fort Worth. This property allows owners to enjoy the best of both worlds with an easy commute to the city. The land is lightly deed restricted with no HOA, allowing owners to bring their own builder and build on their own timeline. Workshops are welcomed. Paved roads, underground electricity, and high-speed fiber optic internet are available. Located in Poolville and Weatherford ISD. No Bardominiums are allowed. The developer will allow a variance for animals if multiple tracts are purchased.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Poolville
    County
    Parker
    State
    Texas
    Longitude
    -97.8668
    Latitude
    32.9711

    Nearby Similar for Sale

    • $788,000
      2,504 SF

      Poolville Farm/Ranch Opportunity

      3-bed, 2-bath home on 13+ acres, ready for renovation.
      10400 Fm 920, Poolville, TX 76088
      View Details
    • $599,000
      1,903 SF

      Poolville Ranch with Insulated Workshop

      Six-acre Poolville ranch featuring a workshop and comfortable living spaces.
      7698 Fm 920, Poolville, TX 76487
      View Details
    • $600,000

      Poolville Commercial Land Opportunity

      1.66-acre commercial land with utilities and development plans available.
      15793 Fm 920, Poolville, TX 76487
      View Details
    • $999,000

      Poolville Ranch with Guest House

      Spacious ranch on nearly 20 acres with guest house.
      207 Trails End, Poolville, TX 76487
      View Details
    • $775,000
      1,965 SF

      Poolville Horse Property with Arena

      Turnkey horse property with arena, barn, and comfortable living.
      17777 FM 920, Poolville, TX 76487
      View Details
    • $275,000

      Highway Frontage Commercial Land Opportunity

      5.7-acre commercial land with highway frontage in Poolville, Texas.
      12275 W Hwy 199 W, Poolville, TX 76487
      View Details
    • $650,000

      Texas Ranch Land with Views

      26-acre ranch property with lush pastures and scenic views.
      Tbd 26 Sarra Lane, Poolville, TX 76487
      View Details
    • $999,000
      2,208 SF

      Poolville Farm/Ranch with Guest House

      Spacious remodeled home on nearly 20 acres with guest house.
      207 Trails End, Poolville, TX 76487
      View Details
    • $664,500

      Parker County 36-Acre Ranch Land

      Ag-exempt land suitable for ranching, hunting, development, or equestrian facilities.
      17101b Fm-920, Poolville, TX 76487
      View Details
    • $337,000

      Poolville Land with Barndo Foundation

      8.364 acres with improvements in Poolville, Texas.
      9935 Zion Hill Road, Poolville, TX 76487
      View Details
    • $756,000

      36 Acres of Private Land

      Land with mature trees, open fields, and abundant wildlife.
      000 Turpin Lake Road, Poolville, TX 76487
      View Details
    • $1,100,000

      33+ Acre Unrestricted Property

      Unrestricted 33+ acre property with private lake in Wise County.
      12664 Highway 199 W, Poolville, TX 76487
      View Details

    FAQs

    What type of property is this?
    Land - Country living near Fort Worth with no HOA.
    Where is this land located?
    The property is located at Lot 35 Kilkenny Rd Poolville, TX.
    What is the asking price?
    The asking price for this property is $118,000.
    What are key features of this property?
    This property features: Easy 35‑minute commute to Fort Worth.; Lightly deed restricted with NO HOA.; Bring your own builder and build on your own timeline.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Matt Milligan
    Real Estate License ID: 0500456
    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
    Lot 35 Kilkenny Rd, Poolville, TX 76487
    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!