Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Land with Road Frontage Title is generated by Realmo AI

    Fm 339, Mount Calm, TX 76673

    View on Map
    Claim this Listing
    New
    Picture of Agricultural land / Farmland at Fm 339, Mount Calm, TX
    For Sale
    $149,900

    LAND - Other - Mount Calm, TX

    Lot size:
    10.00 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for Fm 339

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared
    Standard status
    Active
    APN
    454519
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    J HEALD A-420 TR 3C 10.00 AC
    Tax Annual Amount
    2322

    Utilities

    Utilities
    Propane

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Owen

    Listing agent Tim Owen License #0619353

    Listing office Real Broker, LLC Dallas, TX

    Listing date Jun 1, 2026

    MLS# 21267290 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

    • 10‑acre corner property on FM 339 between Mount Calm and Birome
    • 629 ft of curve road frontage on FM 339
    • New water meter installed
    • Fenced on the sides and at the back with new 5‑strand barbed wire fencing
    • TX DOT approved culvert installed
    • Utilities: propane

    Overview

    This 10-acre corner property offers a build-ready starting point for a ranchette, with practical site improvements already in place. The sides and back of the property are fenced with new 5-strand barbed wire, and a new water meter has been installed. The property also includes a TX DOT approved culvert, supporting driveway and site access planning.

    Located on FM 339 between Mount Calm and Birome, the site is positioned for visibility and access along a curve, offering 629 feet of curve road frontage. The property’s layout and fencing provide a straightforward foundation for buyers looking to secure the perimeter and begin developing at their own pace.

    With owner financing available, this land is well suited for buyers who want to build in a rural setting while maintaining control over timing and development. The combination of established fencing, utilities already addressed via the water meter, and road frontage makes it attractive for residential ranch use and light homestead-style development. For investors or families looking for a tract to hold and improve, the ready-to-build characteristics and corner positioning offer clear utility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Mount Calm
    County
    Hill
    State
    Texas
    Longitude
    -96.945028
    Latitude
    31.795506

    Nearby Similar for Sale

    • $120,000

      Ranchette Development Tract with Utilities

      Restricted ranchette lot near FM 339 with utilities in place and gated entrance development planned.
      6 ac. Tract 3 LCR 131, Mount Calm, TX 76673
      View Details
    • $215,000

      Versatile Acreage with Dual Road Access

      Fully fenced, high-visibility farmland offers two entrances, existing cattle chutes, and utility infrastructure for flexible future use.
      645 FM 339, Mount Calm, TX 76673
      View Details
    • $150,000

      Unimproved Country Land Parcel

      Unimproved 10-acre parcel with owner financing, ideal for building a rural home or retreat with convenient regional access.
      TBD Lot 9 FM 339, Mount Calm, TX 76673
      View Details
    • $450,000

      Recreational Hunting Tract with Pond

      A spring-fed pond and wooded terrain create strong hunting potential with direct access along CR 3249.
      318 Hcr 3249, Mount Calm, TX 76673
      View Details
    • $120,000

      Restricted Ranchette Land Tract

      Turn-key country lots with utilities in place and developer-approved access for flexible ranchette development.
      6 ac. Tract 2 FM 339, Mount Calm, TX 76673
      View Details
    • $1,300,736

      Central Texas Ranch Land

      Ranch-style land with native and improved grasses, livestock facilities, and potential for a future homestead or building site.
      2778 Fm 339, Mount Calm, TX 76673
      View Details
    • $120,000

      Mount Calm Ranchette Development Land

      Restricted ranchette development land with utilities in place.
      Tract 2 Fm 339 Road, Mount Calm, TX 76673
      View Details
    • $120,000

      Mount Calm Ranchette Lot

      Turn-key 6-acre lot with utilities in Mount Calm, TX.
      Tract 3 Fm 339, Mount Calm, TX 76673
      View Details
    • $178,000

      Mount Calm Ranchette Development Land

      Turn-key lot with utilities in a growing area.
      Tract 7 Fm 339, Mount Calm, TX 76673
      View Details
    • $150,000

      Unimproved Rural Land Parcel

      Ten acres of unimproved land in a country setting, offering build-ready potential with owner financing available.
      TBD Lot 8 FM 339, Mount Calm, TX 76673
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Owner-finance opportunity on 10 acres with extensive curve road frontage, fencing, and a newly installed water meter.
    Where is this agricultural land / farmland located?
    The property is located at Fm 339 Mount Calm, TX.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: 10‑acre corner property on FM 339 between Mount Calm and Birome; 629 ft of curve road frontage on FM 339; New water meter installed
    (214) 202-7615
    We can help!
    Listing Contact
    Tim Owen
    Real Estate License ID: 0619353
    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 339, Mount Calm, TX 76673
    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!