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    Small Acreage for Custom Build Title is generated by Realmo AI

    9117 County Road 101A, Grandview, TX 76050

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    Claim this Listing
    For Sale
    $125,550

    LAND - Grandview, TX

    Lot size:
    2.79 Acres
    Added:
    Feb 7, 2026
    Days on Market:
    116
    Last Refresh:
    Jun 3 at 4:06 pm

    Property Features for 9117 County Road 101A

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    07
    Lot size
    2.79 Acres

    We can help!

    Listing Contact
    Kay Harrison

    Listing agent Kay Harrison

    Listing office HeartLand Real Estate Grandview, TX

    Listing date Feb 7, 2026

    MLS# 21173423 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

    • 2‑acre tract with countryside views for a custom home and hobby farm projects
    • Hilco Electric available; septic system required
    • Meets Prairielands GCD requirements for an individual domestic well
    • Accessible water available in the Woodbine
    • Just minutes from Grandview or Maypearl for groceries, banking, dining, and retail
    • Approx. half hour to Burleson, Waxahachie, Hillsboro, or Cleburne

    Overview

    This property is a small acreage offering approximately 2.79 acres for your next custom home and lifestyle needs. The setting is positioned to take advantage of countryside views, with space that can accommodate a garden area, henhouse, horses, or school-related Ag & 4H projects. The land also notes green pastures and tree-lined country roads for a quieter commute to and from the property. Utilities and site requirements are an important part of the plan, with Hilco Electric available and a septic system required, plus the property meeting Prairielands GCD requirements for an individual domestic well, while accessible water is available in the Woodbine.

    The parcel is located in Grandview, TX in Johnson County. It is described as just far enough from the city for a peaceful feel while still close enough for conveniences, with grocery, banking, dining, retail, and small-town amenities available just minutes from Grandview or Maypearl. Additional access to nearby communities is also referenced, including an approximate half-hour drive to Burleson, Waxahachie, Hillsboro, or Cleburne.

    For buyers looking for a smaller rural homesite rather than a large development tract, this acreage offers flexibility for both residential and agricultural-style use. The combination of build-ready expectations (electric available) and the clearly stated onsite water and septic/well requirements supports owners who want to tailor the property to their needs, including projects connected to gardening, livestock, or youth agriculture programming.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Johnson
    State
    Texas
    Longitude
    -97.2154
    Latitude
    32.2875

    Nearby Similar for Sale

    • $999,000

      Agricultural Land with Ponds and Creek

      Fenced 87.5-acre tract with four stocked ponds, a seasonal creek, and strong road frontage for ranching or development.
      County Road 307, Grandview, TX 76050
      View Details
    • $194,997

      Platted Farmland Development Tracts

      Clean, cultivated farmland with substantial road frontage and development-minded restrictions to support planning and long-term use.
      CR 204 lot: 2, Grandview, TX 76050
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 2.79-acre homesite with countryside views and room for animals, gardens, or school projects, just minutes from Grandview.
    Where is this agricultural land / farmland located?
    The property is located at 9117 County Road 101A Grandview, TX.
    What is the asking price?
    The asking price for this property is $125,550.
    What are key features of this property?
    This property features: 2‑acre tract with countryside views for a custom home and hobby farm projects; Hilco Electric available; septic system required; Meets Prairielands GCD requirements for an individual domestic well
    (817) 933-8452
    We can help!
    Listing Contact
    Kay Harrison
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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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