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    Ranch Land with Mature Oak Trees Title is generated by Realmo AI

    LCR 758, Thornton, TX 76687

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    Claim this Listing
    New
    For Sale
    $649,900

    LAND - Other - Thornton, TX

    Lot size:
    90.00 Acres
    Added:
    May 29, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for LCR 758

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Grassed, Brush, Wooded
    Fencing
    Gate, Fenced
    Standard status
    Active
    APN
    R7777
    Lot size
    90.00 Acres

    Taxes and HOA fees

    Tax Description
    A660 B EATON, ACRES 90
    Tax Annual Amount
    76

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well
    Water front features
    Creek

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dawn James
    Dawn James

    Listing agent Dawn James License #711736

    Listing office Coldwell Banker Realty Flower Mound, TX

    Listing date May 29, 2026

    MLS# 21117188 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

    • 90‑acre ranch with large oak trees and a creek crossing on the other side of the property
    • Utilities include an on‑site well and septic tank, plus an electrical hookup near the old cabin
    • Pipeline and electrical easements run throughout the property, including an easement driveway maintained by the gas company
    • Water features include a large tank and a smaller pond near the cabin area
    • Fenced property with gate access and lots of cross‑fences suited for raising cattle
    • Gas well located on the property with driveway access via easement maintained by the gas company

    Overview

    Set on approximately 90 acres, this ranch property features large mature oak trees throughout and a natural layout that supports both livestock and outdoor recreation. An old cabin on-site may be salvageable, with nearby utility infrastructure including an electrical hookup and a septic tank. The area was once connected to the property’s water well, and there is also a large tank near the back corner along with a smaller pond. A creek crosses on the other side of the property, and multiple cross fences help organize the land for raising cattle.

    The property includes a gas well along with an easement driveway that is maintained by the Gas Company. Pipeline and electrical easements run throughout the ranch, and the electrical easement is positioned to make connecting electricity to an added structure more practical, such as a barn. Cattle are currently on the property and are noted as not aggressive.

    This is a strong fit for buyers looking for a combination homestead, cattle ranch, and hunting property. The cross-fenced setup, on-site water features, and established tree cover can support day-to-day livestock operations while also providing the habitat and resources commonly sought by hunters.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Thornton
    County
    Limestone
    State
    Texas
    Longitude
    -96.525944
    Latitude
    31.420584

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    FAQs

    What type of property is this?
    Ranch - 90-acre ranch with established oak trees, water sources, and cross-fenced pasture for cattle and hunting.
    Where is this ranch located?
    The property is located at LCR 758 Thornton, TX.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: 90‑acre ranch with large oak trees and a creek crossing on the other side of the property; Utilities include an on‑site well and septic tank, plus an electrical hookup near the old cabin; Pipeline and electrical easements run throughout the property, including an easement driveway maintained by the gas company
    (972) 691-7580
    We can help!
    Listing Contact
    Dawn James
    Dawn James
    Real Estate License ID: 711736
    Learn More
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    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.

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