Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pecan Bottom Hunting and Recreation Land Title is generated by Realmo AI

    1251 #2 CR 360, Gustine, TX 76455

    View on Map
    Claim this Listing
    For Sale
    $795,000

    LAND - Gustine, TX

    Lot size:
    85.00 Acres
    Added:
    Oct 16, 2025
    Days on Market:
    235
    Last Refresh:
    Jun 7 at 4:06 am

    Property Features for 1251 #2 CR 360

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10892
    Lot size
    85.00 Acres

    Taxes and HOA fees

    Tax Description
    A00836 SMOTHERS, ARCHIBALD, ACRES 278.27

    We can help!

    Listing Contact
    Rodney Martin

    Listing agent Rodney Martin

    Listing office Ekdahl-Nelson Real Estate TX

    Listing date Oct 16, 2025

    MLS# 20490045 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

    • 85 acres of pecan bottom land in Comanche County
    • Leon River forms the east boundary of the property
    • Property described for hunting and fishing, plus building potential

    Overview

    This 85-acre pecan bottom property is defined by the Leon River along its east boundary, creating a natural setting for recreation and outdoor enjoyment. The land is presented as an excellent option for hunting and fishing, with the flexibility to build on as well. It’s also positioned as an ideal weekend escape, combining open space with a water-adjacent landscape.

    Located in the Gustine, Texas area within historic Comanche County, the property offers a quieter, rural feel while remaining oriented around the Leon River. Its waterfront boundary is a key feature, supporting the property’s intended uses for anglers and hunters and helping distinguish it from purely upland tracts.

    For buyers seeking a hands-on outdoor property, this site fits well for seasonal hunting, fishing-focused access, or private recreational use. The “build on” potential also broadens its appeal to buyers who want one property that can serve both weekend enjoyment and future development plans, subject to their own due diligence.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Gustine
    County
    Comanche
    State
    Texas
    Longitude
    -98.3696716
    Latitude
    31.8580504

    Nearby Similar for Sale

    • $1,800,000

      Working Ranch with Highway Frontage

      A cross-fenced working ranch with updated farmhouse, stock tanks, and substantial road frontage for flexible rural use.
      4801 Fm-1702, Gustine, TX 76455
      View Details
    • $69,000

      Auto Shop Opportunity with Visibility

      Well-known high-visibility location on Hwy 36 currently operating as a tire shop with flexible commercial potential.
      100 W Commerce Street, Gustine, TX 76455
      View Details
    • $189,900

      Improved Ranch with Metal Barn

      Build-ready ranch acreage with a water well, electric service, metal barn-shop, and fenced pastures for flexible country use.
      1313 County Road 266, Gustine, TX 76455
      View Details
    • $150,000

      Gated Ranch Acreage with Road Frontage

      Gently rolling 10.01-acre tract in a gated ranch community with open pasture, native trees, and electricity at the road.
      County Road 266 lot: 44, Gustine, TX 76455
      View Details
    • $145,000

      Gated Ranch Lot with Oaks

      A gated, 10-acre homesite with oak trees and utilities available for building with light restrictions.
      Tatanka Trail lot: 49, Gustine, TX 76455
      View Details
    • $2,210,000

      Ranch Land with River Frontage

      Historic ranch acreage with Leon River frontage, cultivation ground, and water rights suited to grazing and active farming use.
      1251 CR 360, Gustine, TX 67455
      View Details
    • $1,297,575

      Texas Ranch Land with Pasture

      Ranch land with an on-site 3-bedroom home, open pasture, native cover, ponds, and fencing for livestock or hunting use.
      Fm 1702, Gustine, TX 76455
      View Details
    • $1,947,000

      Productive Farm with Irrigation Pivots

      Turn-key farm with irrigation pivots for hay and livestock.
      1500 CR 278, Lamkin, TX 76455
      View Details
    • $125,000

      Gated Ranch Land with Private Roads

      10.01 acres in a gated, restricted ranch setting with power at the road and room for custom build plans.
      Mystic Mountain Drive lot: 23, Gustine, TX 76455
      View Details
    • $160,000

      Ag-Exempt Ranch Land with Homesites

      Partially fenced acreage with cleared homesites, mature trees, and a seasonal creek—supported by an aquifer and utilities at the road.
      342 Tatanka Trail, Gustine, TX 76455
      View Details

    FAQs

    What type of property is this?
    Hunting land - Pecan-bottom waterfront tract with Leon River boundary, suited for hunting, fishing, or weekend use in Comanche County.
    Where is this hunting land located?
    The property is located at 1251 #2 CR 360 Gustine, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 85 acres of pecan bottom land in Comanche County; Leon River forms the east boundary of the property; Property described for hunting and fishing, plus building potential
    (325) 773-3676
    We can help!
    Listing Contact
    Rodney Martin
    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
    1251 #2 CR 360, Gustine, TX 76455
    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!