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    Land with Pond and Dual Road Access Title is generated by Realmo AI

    53+ Fm-513, Campbell, TX 75422

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    For Sale
    $1,069,000

    LAND - Campbell, TX

    Lot size:
    53.45 Acres
    Added:
    Mar 14, 2026
    Days on Market:
    84
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for 53+ Fm-513

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    37096
    Lot size
    53.45 Acres

    Taxes and HOA fees

    Tax Description
    A1096 WALKER JAMES R S, TRACT 16, ACRES 53.44
    Tax Annual Amount
    66

    We can help!

    Listing Contact
    Tonya Mercer

    Listing agent Tonya Mercer License #0533818

    Listing office Texan Realtor Group LLC Farmersville, TX

    Listing date Mar 14, 2026

    MLS# 21175986 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

    • 53‑acre Hunt County property with road frontage on both a well‑traveled FM road and a county road
    • Free of flood plains, offering security for future development or agricultural uses
    • Large pond on the property
    • Mature trees across the landscape for added privacy
    • Located just a short distance from I‑30

    Overview

    This expansive rural parcel in Hunt County offers a sizable land base with a large, picturesque pond and mature tree coverage throughout. The property is free of flood plains, which can help simplify long-term planning whether you’re looking to operate an agricultural use or explore future development. With two types of access—frontage on a well-traveled FM road and a quieter county road—there’s practical flexibility for entry and internal planning.

    The site is positioned near Interstate 30, providing a balance between a rural setting and regional connectivity. Road frontage on both a busier FM route and a more tranquil county road supports multiple ways to approach the property, depending on how you intend to use it.

    For buyers, this is well-suited to those seeking a private acreage with natural features and dependable access. The pond and tree line can support a farm, ranch, homestead, or other land-based objectives, while the lack of flood plain concerns may be a meaningful consideration for planning ahead. Whether your vision is agricultural in nature or oriented toward future development, the land’s layout and access give you room to shape the property to your goals.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Campbell
    County
    Hunt
    State
    Texas
    Longitude
    -95.9301
    Latitude
    33.1463

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    FAQs

    What type of property is this?
    Agricultural land / Farmland - Generous acreage with a large pond, mature trees, and road frontage on two roads for flexible farm or development use.
    Where is this agricultural land / farmland located?
    The property is located at 53+ Fm-513 Campbell, TX.
    What is the asking price?
    The asking price for this property is $1,069,000.
    What are key features of this property?
    This property features: 53‑acre Hunt County property with road frontage on both a well‑traveled FM road and a county road; Free of flood plains, offering security for future development or agricultural uses; Large pond on the property
    (972) 782-6331
    We can help!
    Listing Contact
    Tonya Mercer
    Real Estate License ID: 0533818
    Learn More
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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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