Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2-Acre Homesite in Bullard, TX Title is generated by Realmo AI

    County Road 3807, Bullard, TX 75757

    View on Map
    Claim this Listing
    For Sale
    $120,000

    LAND - Bullard, TX

    Lot size:
    2.00 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    120
    Last Refresh:
    Jun 4 at 11:06 am

    Property Features for County Road 3807

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    113317007
    Lot size
    2.00 Acres

    We can help!

    Listing Contact
    Michael Soape

    Listing agent Michael Soape License #0745590

    Listing office Leslie Cain Realty Abilene, TX

    Listing date Feb 4, 2026

    MLS# 21169468 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

    • Large 2‑acre homesite offers ample space for building.
    • Conveniently located near Bullard ISD schools.
    • Easy access to Bullard and Tyler.
    • Water and electric available at the road.
    • Restriction against mobile homes ensures property value.
    • Quiet county road location provides a country feel.

    Overview

    This 2-acre homesite is located on County Road 3807 in Bullard, TX, just east of town on a quiet county road. The property features rolling ground, providing a solid setting for building a home. It is conveniently located near Bullard ISD and the new Bullard Middle School, which welcomed students in January 2026. Water and electric services are available at the road. The only known restriction is that mobile homes are not permitted. The location offers a country feel with an easy drive into Bullard and quick access north toward Tyler.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bullard
    County
    Smith
    State
    Texas
    Longitude
    -95.275897
    Latitude
    32.103141

    Nearby Similar for Sale

    • $799,000

      Prime Bullard Acreage Opportunity

      32 acres in Bullard ISD, ideal for development.
      739 FM 344 W, Bullard, TX 75757
      View Details
    • $4,750,000
      30,102 SF

      New Multifamily Apartment Complex

      New 24-door multifamily complex offering identical 3BR/2BA and 2BR/2BA unit layouts.
      4073 County Road 152 W, Bullard, TX 75757
      View Details
    • $1,263,086

      Commercial Land with Highway Frontage

      Commercially zoned land with approximately 500 feet of Highway 69 frontage in Bullard, TX.
      N Highway 69, Bullard, TX 75757
      View Details
    • $1,791,744

      Commercial Land with Highway Frontage

      Commercially zoned land on Highway 69, offering visibility and access for new development in Bullard, TX.
      504 N Highway 69, Bullard, TX 75757
      View Details
    • $595,000

      Waterfront Lot with Bulkheaded Shoreline

      Waterfront land with about 110 feet of bulkheaded shoreline and deep-water bay access for a boathouse.
      109 Key Allegro Dr, Bullard, TX 75757
      View Details
    • $275,000

      Bullard, TX Acreage For Sale

      Acreage on Old Jacksonville Highway, ideal for investment or living.
      1201 S Houston St, Bullard, TX 75757
      View Details
    • $145,000

      Multi-Use Acreage for Agricultural Use

      Ten-acre tract with open pasture and natural terrain, suited for agriculture or outdoor recreation in Bullard, Texas.
      9870 FM 855, Bullard, TX 75757
      View Details
    • $275,000

      Land on Old Jacksonville Highway

      Land near High School with road construction underway.
      1201 S Houston St, Bullard, TX 75757
      View Details
    • $154,900

      Corner Waterfront Home Lot

      Level corner lot in Eagles Bluff with community access to Lake Palestine and resort-style amenities for homeowners.
      160 Eagles Bluff Blvd, Bullard, TX 75757
      View Details
    • $495,000

      Elevated Water-View Residential Lot

      Elevated water-view lot within a gated golf community offering extensive recreation and outdoor amenities.
      128 N Eagles Peak Dr., Bullard, TX 75757
      View Details
    • $145,000

      10-Acre Multi-Use Land Tract

      Versatile acreage in Bullard area suited for agricultural, recreational, or livestock use with open pasture and natural terrain.
      9870 FM 855, Bullard, TX 75757
      View Details
    • $800,000

      Prime Land Near Lake Palestine

      19.68 acres in Bullard, TX, ideal for development.
      15223 CR 188, Bullard, TX 75757
      View Details

    FAQs

    What type of property is this?
    Land - 2-acre homesite in Bullard, TX, convenient to local schools.
    Where is this land located?
    The property is located at County Road 3807 Bullard, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Large 2‑acre homesite offers ample space for building.; Conveniently located near Bullard ISD schools.; Easy access to Bullard and Tyler.
    (325) 701-7988
    We can help!
    Listing Contact
    Michael Soape
    Real Estate License ID: 0745590
    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
    County Road 3807, Bullard, TX 75757
    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!