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

    FM 1129 Road, Chatfield, TX 75105

    View on Map
    Claim this Listing
    For Sale
    $675,000

    LAND - Chatfield, TX

    Lot size:
    53.00 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 4 at 1:06 am

    Property Features for FM 1129 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Perimeter, Fenced
    Standard status
    Active
    APN
    118210
    Lot size
    53.00 Acres

    Taxes and HOA fees

    Tax Description
    ABS A10001 T J CHAMBERS ABST TRACT?? 133-14 12.0

    We can help!

    Listing Contact
    Stacy Villanueva

    Listing agent Stacy Villanueva License #0748726

    Listing office Keller Williams Realty DPR Dallas, TX

    Listing date Apr 23, 2026

    MLS# 21027246 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 property in Navarro County with open pasture and shady woods
    • Grey's Creek runs through the land and there are two ponds, including a pond stocked with tilapia
    • Perimeter and cross fencing for cattle, plus gated access
    • 4‑inch water line along FM 1129 via Chatfield Water Corporation (per Chatfield Water Corp.)
    • Portion of the property is located in a flood zone
    • Includes a hunting blind

    Overview

    This 53+/- acre property offers a mix of open pasture and shady wooded areas, providing natural variety for daily use and weekend recreation. Grey’s Creek runs through a portion of the land, and two ponds add water features and outdoor opportunity, including one pond stocked with tilapia. For operational flexibility, the property includes perimeter and cross fencing designed for cattle use. Outdoor conveniences include a hunting blind, and the site is accessed through a gated entrance for added control and privacy.

    Located in Navarro County near Chatfield, the land is served by water through Chatfield Water Corporation, with a 4-inch water line reported along FM 1129. A portion of the property is located within a flood zone, which may be an important consideration for planning building areas, site improvements, or land management.

    With its combination of water, fencing, and hunting-ready features, this acreage is a strong fit for buyers seeking a working ranch, a recreational retreat, or a long-term homesite. The presence of both pasture and timber supports multiple uses while the creek and ponds contribute to wildlife appeal and year-round scenery.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Chatfield
    County
    Navarro
    State
    Texas
    Longitude
    -96.4005332
    Latitude
    32.2693962

    FAQs

    What type of property is this?
    Ranch - A gated acreage with pasture, woods, two ponds, and Grey’s Creek—well suited for recreation, ranching, or a future homesite.
    Where is this ranch located?
    The property is located at FM 1129 Road Chatfield, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 53+/- acre property in Navarro County with open pasture and shady woods; Grey's Creek runs through the land and there are two ponds, including a pond stocked with tilapia; Perimeter and cross fencing for cattle, plus gated access
    (972) 732-6000
    We can help!
    Listing Contact
    Stacy Villanueva
    Real Estate License ID: 0748726
    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
    FM 1129 Road, Chatfield, TX 75105
    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!