Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Tract with Existing Well Title is generated by Realmo AI

    CR 1200, Daingerfield, TX 75686

    View on Map
    Claim this Listing
    New
    For Sale
    $49,900

    LAND - Daingerfield, TX

    Lot size:
    7.90 Acres
    Added:
    Jun 6, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 6 at 10:06 pm

    Property Features for CR 1200

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000001334
    Lot size
    7.90 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Brian Wintermute Jr

    Listing agent Brian Wintermute Jr License #0780286

    Listing office Glass Land and Home LLC Paris, TX

    Listing date Jun 6, 2026

    MLS# 21293509 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

    • 7.9‑acre tract located 10 minutes southwest of Daingerfield
    • Existing well on the property with water source from well
    • Utilities available at the road
    • No known restrictions reported
    • Suitable for a home build, weekend getaway, or private recreational retreat

    Overview

    This offering is a 7.9-acre land tract presented for buyers seeking rural space with basic utilities in place. The property has utilities available at the road and includes an existing well on-site. The land is described as having no known restrictions, giving buyers flexibility to match the property to their intended use.

    The tract is located just 10 minutes southwest of Daingerfield in Morris County, Texas. The listing notes the address as CR 1200, providing straightforward rural road access for planning and site visits.

    For homeowners, this configuration can support a private homesite where a well is already present and utilities are available at the roadway. For weekend use, the acreage can serve as a quiet recreational retreat with the ability to develop according to personal preferences, subject to any applicable local requirements. Because no known restrictions are noted, the property may appeal to buyers looking for straightforward land ownership with fewer stated limitations as they plan next steps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Daingerfield
    County
    Morris
    State
    Texas
    Longitude
    -94.7975732
    Latitude
    33.0062667

    Nearby Similar for Sale

    • $100,000

      Historic Retail Building with Two Storefronts

      Own a historic retail building with two storefronts and spray-foam insulated ceiling, offering flexible unit configurations.
      100 Webb Street, Daingerfield, TX 75638
      View Details
    • $189,900

      Historic Church with Commercial Potential

      Rare opportunity: historic church suitable for commercial or residential use.
      307 Broadnax Street, Daingerfield, TX 75638
      View Details
    • $199,000

      Turnkey Beauty Salon Storefront

      Turnkey salon storefront with open layout, styling chairs, and massage room on a highly visible corner lot.
      112 N Lamar Street, Daingerfield, TX 75638
      View Details
    • $354,000

      Occupied Residential Rental Portfolio

      Bundle of four well-maintained, single-story rentals in city limits, already occupied and ready to produce income.
      124 Wills Drive, Daingerfield, TX 75638
      View Details
    • $295,000

      Timberland Hunting Tract with Access

      Productive East Texas timberland with dual road access, trails, and a cleared area suited for hunting and long-term value.
      Fm-144, Daingerfield, TX 75638
      View Details
    • $671,500

      Unimproved Land in Daingerfield, TX

      74.976 acres of land, perfect for building.
      Nix Street, Daingerfield, TX 75638
      View Details
    • $1,299,000

      Recreation and Timber Land Parcel

      Secluded pine and hardwood tract with a pond, well suited for hunting, recreation, and timber opportunities.
      CR 3201, Daingerfield, TX 75638
      View Details
    • $295,000

      Undeveloped Land with Hilltop View

      Nearly 50 acres of wooded land with natural springs.
      7200 S FM 144, Daingerfield, TX 75638
      View Details
    • $319,900

      Lakefront Land on Lone Star Lake

      Rare 4.33-acre lakefront property on Lone Star Lake.
      FM 997, Daingerfield, TX 75638
      View Details
    • $553,000

      Wooded Recreational Land

      A private wooded tract with multiple homesite options, ideal for hunting, recreation, and weekend getaways near town.
      CR1124 Old HWY 11 Road, Daingerfield, TX 75638
      View Details
    • $100,000

      13.5 Acres in Daingerfield, TX

      Expansive 13.5-acre tract near Daingerfield, TX, with open land.
      234 County Road 2238, Daingerfield, TX 75638
      View Details
    • $105,000

      Hunting Land with No Restrictions

      Secluded rural acreage for hunting opportunity with deer, hogs, and ducks, plus no restrictions.
      CR 1143, Daingerfield, TX 75638
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A 7.9-acre tract with an existing well and utilities at the road for homebuilding or recreation.
    Where is this residential land & home lot located?
    The property is located at CR 1200 Daingerfield, TX.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: 7.9‑acre tract located 10 minutes southwest of Daingerfield; Existing well on the property with water source from well; Utilities available at the road
    (903) 785-8457
    We can help!
    Listing Contact
    Brian Wintermute Jr
    Real Estate License ID: 0780286
    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
    CR 1200, Daingerfield, TX 75686
    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!