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    Private Timber Land with Homesites Title is generated by Realmo AI

    9716 Fm 751, Quinlan, TX 75474

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    New
    For Sale
    Under Contract
    $330,000

    LAND - Other - Quinlan, TX

    Lot size:
    14.78 Acres
    Added:
    May 28, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 9716 Fm 751

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Wooded
    Fencing
    Perimeter, Fenced, Gate
    Fireplace
    1
    Standard status
    Active Under Contract
    APN
    32459
    Lot size
    14.78 Acres

    Taxes and HOA fees

    Tax Description
    A0822 PRICE REASE, TRACT OOO, ACRES 14.01
    Tax Annual Amount
    5971

    Utilities

    Sewer type
    Aerobic Septic, Septic Tank
    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Architectural style
    Other

    We can help!

    Listing Contact
    Melodie Watts
    Melodie Watts

    Listing agent Melodie Watts License #0602107

    Listing office EXP REALTY Austin, TX

    Listing date May 28, 2026

    MLS# 21121966 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

    • 14.78 acres with towering mature oaks and rolling park‑like terrain just minutes from Lake Tawakoni (Hunt County), outside Quinlan city limits
    • 199 LF frontage on FM 751 with a gated entry and scenic gravel drive
    • Existing home and garage on the property, with an additional option to restore or remove the home/garage
    • Two additional pad sites ready for mobile/manufactured homes or RVs, plus two driveways
    • On‑site utilities include two co‑op water meters and three electric meters, with two aerobic septic systems and one conventional septic
    • Fenced area with chain link fence included, with perimeter fencing and a gate

    Overview

    Set on 14.78 acres, this heavily wooded tract features towering mature oaks and rolling, park-like terrain with a scenic gravel drive leading from a gated entry. An existing home and garage are on site, with the flexibility to restore or remove them depending on your plans. A fenced area included with the property supports a more private setup, while the landscape also includes a seasonal meandering creek and abundant wildlife.

    The property offers 199 feet of frontage on FM 751 and is located minutes from Lake Tawakoni in Hunt County, just outside Quinlan city limits. Two additional pad sites are already in place for mobile or manufactured homes or RVs, along with two driveways, making it straightforward to stage and improve multiple living areas.

    Utilities and improvements are well represented for an operator or land buyer looking for options. The site includes two aerobic septic systems, one conventional septic system, two co-op water meters, and three electric meters, supporting separate connections. With the combination of privacy, mature tree cover, and multiple homesite-ready areas, the property is well suited for a private estate, family compound, multiple homesites, or a recreational and hunting retreat. It previously was under contract as an RV or mobile home park, underscoring the site’s practical fit for that type of use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Storage Facility Garden Center Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Quinlan
    County
    Hunt
    State
    Texas
    Longitude
    -96.096284
    Latitude
    32.877502

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    FAQs

    What type of property is this?
    Residential land & home lot - Heavily wooded acreage with ready pad sites, multiple utilities, and frontage on FM 751 for flexible use.
    Where is this residential land & home lot located?
    The property is located at 9716 Fm 751 Quinlan, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 14.78 acres with towering mature oaks and rolling park‑like terrain just minutes from Lake Tawakoni (Hunt County), outside Quinlan city limits; 199 LF frontage on FM 751 with a gated entry and scenic gravel drive; Existing home and garage on the property, with an additional option to restore or remove the home/garage
    (888) 519-7431
    We can help!
    Listing Contact
    Melodie Watts
    Melodie Watts
    Real Estate License ID: 0602107
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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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