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

    Flinn Road, Bellevue, TX 76228

    View on Map
    Claim this Listing
    For Sale
    $4,044,300

    LAND - Other - Bellevue, TX

    Lot size:
    475.80 Acres
    Added:
    May 27, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 5 at 5:06 pm

    Property Features for Flinn Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Grassed, Cleared, Brush
    Standard status
    Active
    APN
    0012156
    Lot size
    475.80 Acres

    Taxes and HOA fees

    Tax Description
    AB 660 T E & L BLK 3299 N/2 OF THE S/2
    Tax Annual Amount
    575

    Utilities

    Water source
    Well

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Melaina Middleton

    Listing agent Melaina Middleton License #0588607

    Listing office Texas Landmark Realtors P.O. Box 1122, Decatur, TX

    Listing date May 27, 2026

    MLS# 20965363 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

    • 475.8‑acre Clay County ranch land with Smith Creek running through the property
    • Well water source available, plus four stock tanks for livestock and recreational use
    • Improved hay pasture suitable for grazing cattle or baling hay
    • Road frontage on two sides for convenient access
    • Native oaks and mature trees across the ranch, with rolling elevation for views and potential homesites
    • Scattered rock outcroppings for hiking and exploration

    Overview

    This 475.8-acre ranch property features Smith Creek running through the land, along with native oaks and mature trees that create shaded, private terrain. The ranch includes improved hay pasture suitable for grazing cattle or baling hay. Rolling elevation changes provide varied topography and offer potential homesites with wide countryside views. Additional improvements include four well-placed stock tanks to support livestock and recreational uses.

    Located in Clay County near Bellevue, the property offers road frontage on two sides for convenient access. The landscape also includes scattered rock outcroppings that add character and provide areas for hiking or exploration. Together, the natural water sources, tree cover, and terrain support both agricultural operations and recreational enjoyment.

    The combination of creek water, multiple stock tanks, and improved pasture makes this tract well suited for cattle grazing or hay production, while the wooded sections and natural features support wildlife recreation and hunting use. With access from two sides and varied elevation for potential build locations, the property can work for ranch operators seeking room to manage livestock and land, or for buyers looking for a larger rural acreage holding with established water and agricultural ground.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Bellevue
    County
    Clay
    State
    Texas
    Longitude
    -98.1678
    Latitude
    33.5917

    Nearby Similar for Sale

    • $443,900

      Hunting Land with Creek Access

      A 46-acre property with a large creek, pecan bottom, grazing, and utilities for hunting or home building opportunities.
      4 Wire Road, Bellevue, TX 76228
      View Details
    • $209,000

      Bellevue, TX Unimproved Land

      31.8 acres of land perfect for building your dream house.
      FM 2321 TRACT 2, Bellevue, TX 76228
      View Details
    • $125,000

      Ag Exempt Farmland Tract

      Ag-exempt farmland with room for a hobby farm or weekend escape, set among large 10-acre neighbors.
      High Plains Trail lot: 32, Bellevue, TX 76228
      View Details
    • $289,000

      Bellevue, TX Unimproved Land Tract

      47.77 acre tract perfect for building your dream house.
      Davis Ln-TRACT 9, Bellevue, TX 76228
      View Details
    • $443,900

      Hunting Land with Creek Access

      46-acre hunting tract with a large creek, pecan bottom, grazing, and utilities for future use.
      Tbd 4 Wire Road, Bellevue, TX 76228
      View Details

    FAQs

    What type of property is this?
    Ranch - 475.8-acre ranch property with Smith Creek, improved hay pasture, native oaks, and multiple water sources for livestock use.
    Where is this ranch located?
    The property is located at Flinn Road Bellevue, TX.
    What is the asking price?
    The asking price for this property is $4,044,300.
    What are key features of this property?
    This property features: 475.8‑acre Clay County ranch land with Smith Creek running through the property; Well water source available, plus four stock tanks for livestock and recreational use; Improved hay pasture suitable for grazing cattle or baling hay
    (817) 602-7617
    We can help!
    Listing Contact
    Melaina Middleton
    Real Estate License ID: 0588607
    Learn More
    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
    Flinn Road, Bellevue, TX 76228
    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!