Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ranch and Hunting Tract Land Title is generated by Realmo AI

    9999 County Road 334, Blanket, TX 76432

    View on Map
    Claim this Listing
    For Sale
    $580,800

    LAND - Other - Blanket, TX

    Lot size:
    72.60 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 3 at 3:06 am

    Property Features for 9999 County Road 334

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    36571
    Lot size
    72.60 Acres

    Utilities

    Water source
    Private, Public, Well

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy Gathright
    Nancy Gathright

    Listing agent Nancy Gathright License #0738805

    Listing office Turnkey Realty LLC Odessa, TX

    Listing date Apr 15, 2026

    MLS# 20615102 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

    • 72.6‑acre property with native grasses, improved pasture, and oak & mesquite trees
    • Fenced and cross‑fenced; includes working pens and cattle equipment (negotiable)
    • Water features include two deep surface tanks in separate pastures plus a 12 GPM water well
    • Electricity on property; Zephyr water available at the roadway
    • Wildlife reported: wild turkey, dove, and deer
    • Multiple home site areas with elevation changes toward the rear; bordered by CR 334 (Salt Creek Road) and less than 1 mile from 377

    Overview

    This offering is a 72.6-acre ranch and hunting tract with native grasses, improved pasture, and mature oak and mesquite trees. The property is fenced and cross-fenced and includes two surface tanks located in separate pastures, described as deep and dependable even during recent drought conditions. A 12 gpm water well and electricity are both on-site. Additional on-property improvements include newer 6-wire fencing, a concrete trough, and cattle working setup along a new lane, with cattle, working pens, and equipment reported as negotiable.

    The land features multiple home site areas and noticeable elevation changes toward the rear. Access is described via County Road 334 (Salt Creek Road) along the western boundary. The property is also noted to be less than a mile from TX-377 and only minutes from town, while remaining quiet and secluded.

    The layout and water availability make this tract well-suited for buyers looking to farm, graze cattle, keep horses, or use the land for hunting and recreation. With views and options for future home sites, it may also appeal to buyers who want a ranch-style property that can support both livestock operations and personal use. The seller indicates the client will subdivide.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Blanket
    County
    Brown
    State
    Texas
    Longitude
    -98.86394
    Latitude
    31.780012

    Nearby Similar for Sale

    • $100,000
      1,412 SF

      Blanket Farm/Ranch Opportunity

      Three-bedroom home on a large lot near Blanket schools.
      602 Avenue H, Blanket, TX 76432
      View Details
    • $495,000

      Industrial Warehouse with Canopy

      Metal warehouse with two commercial doors, large canopy area, fenced yard, and utilities on Highway 377.
      909 Pitts Lane, Blanket, TX 76432
      View Details
    • $495,000
      2,736 SF

      Highway 377 Commercial Opportunity

      2,736 sq ft metal building on approximately one acre.
      909 Pitts Lane, Blanket, TX 76432
      View Details
    • $99,500

      Freestanding Office Building

      Central Blanket office building with an open reception area, six private offices, and convenient on-site amenities.
      708 Main St, Blanket, TX 76432
      View Details
    • $761,710

      Blanket, TX Land for Recreation

      80.18 acres of hunting and recreational land in Blanket, TX.
      Hwy 67-377, Blanket, TX 76432
      View Details
    • $249,900

      Blanket, TX Ranch Land

      25.09 acres in Brown County with water and electric.
      332 Ledge Stone, Blanket, TX 67432
      View Details
    • $495,000
      2,736 SF

      Highway 377 Commercial Opportunity

      2,736 sq ft metal building on approximately one acre.
      909 Pitts Lane, Blanket, TX 76432
      View Details

    FAQs

    What type of property is this?
    Ranch - 72.6 acres with improved pasture, native grasses, fenced cross-fenced areas, and multiple water sources for livestock or hunting.
    Where is this ranch located?
    The property is located at 9999 County Road 334 Blanket, TX.
    What is the asking price?
    The asking price for this property is $580,800.
    What are key features of this property?
    This property features: 72.6‑acre property with native grasses, improved pasture, and oak & mesquite trees; Fenced and cross‑fenced; includes working pens and cattle equipment (negotiable); Water features include two deep surface tanks in separate pastures plus a 12 GPM water well
    (432) 349-6667
    We can help!
    Listing Contact
    Nancy Gathright
    Nancy Gathright
    Real Estate License ID: 0738805
    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
    9999 County Road 334, Blanket, TX 76432
    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!