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    Single-Family Residential Land Tract Title is generated by Realmo AI

    Private Road 4326, Mount Pleasant, TX 75455

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    Claim this Listing
    For Sale
    $70,000

    LAND - Mt Pleasant, TX

    Lot size:
    3.00 Acres
    Added:
    May 23, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 11:06 pm

    Property Features for Private Road 4326

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    341250
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Description
    BRUTON, J T ABS 00014 TR 311 3.001 AC
    Tax Annual Amount
    715

    We can help!

    Listing Contact
    McKenzie Childress

    Listing agent McKenzie Childress License #0837274

    Listing office Monument Realty Frisco, TX

    Listing date May 23, 2026

    MLS# 21275185 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

    • Scenic tract in Mount Pleasant, located on PR 4326 in a restricted subdivision (Hilltop Development)
    • Single‑family residential use only; commercial use prohibited
    • Homes must be site‑built with quality exterior finishes and include at least 1,400 sq. ft. of heated and cooled living space
    • Restrictions include no mobile homes, modular homes, manufactured homes, or temporary dwellings
    • Each lot allows one residence plus one shop building up to 5,000 sq. ft.
    • Reasonable livestock allowed with limits; RVs and campers only for temporary guest use and not for permanent living

    Overview

    This offering is a scenic residential land tract positioned within Hilltop Development, a restricted subdivision designated for single-family residential use only. The property is intended for site-built homes and requires a minimum of 1,400 square feet of heated and cooled living space. Mobile homes, modular homes, manufactured homes, and temporary dwellings are not permitted. Each lot may include one residence and one shop building up to 5,000 square feet, providing flexibility for storage or light personal use. Livestock is allowed with restrictions on the number and type of animals, and RVs or campers may only be used temporarily by guests and cannot be used for permanent living.

    The tract is located on Private Road 4326 in Mount Pleasant, offering a country setting while still providing convenient access to town amenities. The setting is suited to buyers looking for privacy and room to grow, with the practical benefit of a clearly defined deed-restricted residential environment.

    For buyers, this is a strong fit for those planning a traditional, site-built home in a controlled-use community where commercial activity is prohibited. The allowance for a separate shop building and reasonable livestock makes the property well-suited to owner-occupants seeking a balanced residential and hobby-oriented lifestyle. Prospective buyers should review the recorded deed restrictions for complete requirements and limitations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mount Pleasant
    County
    Titus
    State
    Texas
    Longitude
    -94.9505
    Latitude
    33.2159

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    FAQs

    What type of property is this?
    Residential land & home lot - Build a site-built home in a restricted subdivision with room for a shop and limited livestock.
    Where is this residential land & home lot located?
    The property is located at Private Road 4326 Mount Pleasant, TX.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: Scenic tract in Mount Pleasant, located on PR 4326 in a restricted subdivision (Hilltop Development); Single‑family residential use only; commercial use prohibited; Homes must be site‑built with quality exterior finishes and include at least 1,400 sq. ft. of heated and cooled living space
    (214) 705-7827
    We can help!
    Listing Contact
    McKenzie Childress
    Real Estate License ID: 0837274
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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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