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    4700 County Road 1040 Celeste, TX 75423

    Sponsored
    For Sale
    $1,320,000

    Untouched land, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 51-acre ranch and recreational property in Hunt County, Texas, presents a unique opportunity for diverse uses. Located at 4700 County Rd 1040, Celeste, TX 75423, this raw, undeveloped land offers a blank canvas for your vision. The property features gentle elevation changes and sandy clay soils, with a mix of sprigged Bermuda pasture and dense wildlife cover. Three established ponds and some older ranching improvements are already in place. The land is partially fenced and enjoys complete privacy thanks to existing perimeter foliage. Convenient paved road frontage provides easy access, with electricity and water readily available. Nearby properties are undergoing residential subdivision, suggesting strong potential for future value appreciation. This property is ideal for agribusiness, recreational pursuits such as hunting, fishing, and camping, or simply as a valuable land investment. The asking price is $1,320,000. Showings are by appointment only with 48-hour notice. A 1% earnest money deposit is required with any offer. All dimensions and boundaries are estimates

    Property Features for 4700 County Road 1040

    General Information

    Property type
    Farms
    Lot Size
    2,221,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Celeste
    County
    Hunt
    State
    Texas
    Longitude
    -96.147552
    Latitude
    33.271033

    Nearby Comparable

    • $2,290,000
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      Land with Ponds and Pasture

      152+ acre tract with ponds, pasture, and development potential.
      FM-1566 W, Celeste, TX 75423
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    • $334,000
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      Hunt County Land For Sale

      47.64 acres in Hunt County, perfect for hunting or farming.
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    • $450,000
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      Cleared Land with Utilities

      6.5 acres of cleared land with utilities and barn.
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    • $2,200,000
      104.75 Acres

      105 Acres Near Celeste, Texas

      105-acre ranch property perfect for a dream home or recreation.
      Tbd County Rd 1038, Celeste, TX 75423
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    Nearby Similar for Sale

    • $575,000
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      Country Living Ranch with Workshop

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    • $729,000
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    • $750,000
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      53+ Acres with Two Homes

      AG-exempt land with two homes and development potential.
      7141 County Road 1050, Celeste, TX 75423
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    • $750,000
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      53-Acre Farm with Two Homes

      53-acre farm featuring two homes and a workshop.
      7143 County Road 1050, Celeste, TX 75423
      View Details

    FAQs

    What type of property is this?
    Farm - Untouched land, endless potential.
    Where is this farm located?
    The property is located at 4700 County Road 1040 Celeste, TX.
    What is the asking price?
    The asking price for this property is $1,320,000.
    Request Owner's contact information
    4700 County Road 1040 Celeste, TX 75423
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    Celeste, TX 75423
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    Realmo Value Estimation

    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.

    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.

    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
    4700 County Road 1040 Celeste, TX 75423
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