Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    61.63 Acres Near Jonesboro, TX Title is generated by Realmo AI

    Tbd-61.63 Acres CR 414, Jonesboro, TX 76538

    View on Map
    Claim this Listing
    New
    For Sale
    $450,000

    Ranch - Jonesboro, TX

    Type:Ranch
    Lot size:
    61.63 Acres
    Added:
    May 22, 2026
    Days on Market:
    4
    Last Refresh:
    May 25 at 12:06 am

    Property Features for Tbd-61.63 Acres CR 414

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    R57729
    Lot size
    61.63 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Calvin Burks
    Calvin Burks

    Listing agent Calvin Burks

    Listing office BURKS REAL ESTATE 715 E Hwy 84, Evant, TX

    Listing date May 22, 2026

    MLS# 21085238 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

    • 61.63 acres with rolling terrain, scattered trees, hilltop views, and abundant wildlife.
    • Enjoy the 2‑acre stocked pond with bass, perch, and catfish.
    • Equipped with Multi‑County water meter, Hamilton County Electric service, and multiple outbuildings.
    • Includes a 37 ft x 8 ft travel trailer with two slide‑outs under a metal RV carport.
    • Good fences on three sides, with open space for improvements or building.
    • Conveniently located near Jonesboro, Hamilton, Hico, Gatesville, Waco, Temple, Killeen, and Stephenville.

    Overview

    This 61.63-acre property is located on County Road 414 just west of Jonesboro, TX. The land features rolling terrain with scattered tree cover, providing hilltop views and wildlife habitat for deer, turkey, hogs, quail, and dove. A 37 ft x 8 ft travel trailer with two slide-outs sits under a metal RV carport. A fire pit provides a place to unwind. The property is equipped with a Multi-County water meter, Hamilton County Electric service, a 12 ft x 20 ft livestock shade carport, a 20 ft x 30 ft carport with storage, and small cattle pens with a livestock trap. A 2-acre stocked pond is filled with bass, perch, and catfish. The land has good fences on three sides and open space for improvements or building. Located in the Jonesboro School District, the property is approximately 15 minutes from Jonesboro and Hamilton, 30 minutes from Hico and Gatesville, and 1 hour from Waco, Temple, Killeen, and Stephenville, TX. This property is suited for a weekend retreat, hunting, or a small ranch.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Jonesboro
    County
    Coryell
    State
    Texas
    Longitude
    -97.7586
    Latitude
    31.5973

    Nearby Similar for Sale

    • $950,000
      2,380 SF

      Jonesboro Farmhouse on 100 Acres

      Custom-built home on 100 acres suitable for ranching.
      10047 E Hwy 36, Jonesboro, TX 76538
      View Details
    • $2,399,999
      2,533 SF

      Turnkey Ranch Retreat in Jonesboro

      189-acre ranch with farmhouse, mobile homes, and hunting amenities.
      1340 County Road 189, Jonesboro, TX 76538
      View Details
    • $9,998,888
      7,022 SF

      Texas Ranch with River Frontage

      466.52 acre ranch with custom home and guest house.
      11157 State Highway 36, Jonesboro, TX 76538
      View Details
    • $9,998,888
      7,022 SF

      Texas Ranch with River Frontage

      466.52 acre Texas ranch featuring a 7,022 SF residence.
      11157 N State Highway 36, Jonesboro, TX 76538
      View Details
    • $7,250,000

      704-Acre Ranch Along Leon River

      Versatile ranch with river frontage, ideal for recreation and agriculture.
      1225 County Road 189, Jonesboro, TX 76538
      View Details
    • $1,505,033
      1,800 SF

      Productive Ranch with Highway Frontage

      191.724-acre ranch with highway frontage near Gatesville, Texas.
      US Hwy 36, Jonesboro, TX 76538
      View Details
    • $850,000
      1,225 SF

      Secluded Hunting Retreat with Barndominium

      83.5-acre Texas property with barndominium, ideal for hunting.
      Tbd County Road 310, Jonesboro, TX 76585
      View Details
    • $105,000

      Unrestricted Land in Jonesboro, TX

      10.01 acres of unrestricted land ready for development.
      Lot 11 County Road 414, Jonesboro, TX 76538
      View Details
    • $2,700,000

      Coryell Vista Ranch Land Offering

      351+ acre ranch land with hunting and recreational opportunities.
      3601 County Road 188, Jonesboro, TX 76538
      View Details
    • $5,160,760
      1,812 SF

      Coryell County Ranch with Creeks

      516-acre ranch featuring a rock home and live water.
      5315 Fm 932, Jonesboro, TX 76538
      View Details
    • $950,000
      2,380 SF

      Jonesboro Farm/Estate on 100 Acres

      100-acre farm/estate with stone home near Jonesboro, TX.
      10047 E Hwy 36, Jonesboro, TX 76538
      View Details
    • $1,505,033

      Productive Ranch with Highway Frontage

      191.724-acre ranch in Central Texas with highway frontage.
      Tbd US HWY 36 Highway, Jonesboro, TX 76538
      View Details

    FAQs

    What type of property is this?
    Ranch - 61.63-acre property perfect for recreation, relaxation, and functionality.
    Where is this ranch located?
    The property is located at Tbd-61.63 Acres CR 414 Jonesboro, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 61.63 acres with rolling terrain, scattered trees, hilltop views, and abundant wildlife.; Enjoy the **2‑acre stocked pond** with bass, perch, and catfish.; Equipped with Multi‑County water meter, Hamilton County Electric service, and multiple outbuildings.
    (254) 865-3601
    We can help!
    Listing Contact
    Calvin Burks
    Calvin Burks
    Real Estate License ID: 0268721
    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
    Tbd-61.63 Acres CR 414, Jonesboro, TX 76538
    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!