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

    N Bell Road, Iowa Park, TX 76367

    View on Map
    Claim this Listing
    For Sale
    $1,599,000

    LAND - Iowa Park, TX

    Lot size:
    246.00 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 3 at 9:06 am

    Property Features for N Bell Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Wooded
    Standard status
    Active
    APN
    114677
    Lot size
    246.00 Acres

    Taxes and HOA fees

    Tax Description
    @ corner of Wyeth School Rd

    We can help!

    Listing Contact
    Matt McLemore

    Listing agent Matt McLemore

    Listing office UCRE / McLemore Properties LLC TX

    Listing date Apr 15, 2026

    MLS# 21122765 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

    • Cleared and cultivated land, ready for immediate use or future development
    • Frontage along both Bell Road and Wyeth Road
    • Rural water planned to be placed on Wyeth Rd in 2026
    • Electricity available

    Overview

    This is a large cleared and cultivated tract of land suited for farming now or for recreational use and future development. The property is described as ready for immediate use, with the existing clearing supporting straightforward continuation of agricultural operations or other rural plans. It also offers utilities considerations for long-term expansion, including electricity availability and rural water being placed on Wyeth Road in 2026.

    The land features frontage along both Bell Road and Wyeth Road, providing two points of access and visibility. The property is located in the Iowa Park, Texas area in Wichita County, offering a countryside setting consistent with rural lifestyle ambitions.

    With its current cultivation status, this site can work well for buyers seeking productive land, seasonal farming, or a property that can evolve over time. The dual road frontage and the planned addition of rural water help broaden the range of potential future uses, whether the goal is to expand existing operations or pursue development after utilities are in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Iowa Park
    County
    Wichita
    State
    Texas
    Longitude
    -98.655847
    Latitude
    33.950827

    Nearby Similar for Sale

    • $500,000
      3,750 SF

      Established Liquor Store with Drive-Thru

      Thriving liquor store with drive-thru in high-traffic location.
      111 FM 369, Iowa Park, TX 76367
      View Details
    • $299,900

      Church Building with Office Spaces

      A cinder block church with vaulted ceilings and four offices, offering flexible space for worship and community use.
      801 N 1st Street, Iowa Park, TX 76367
      View Details
    • $72,500
      2,160 SF

      Versatile Commercial Building in Iowa

      2160 sq ft commercial building suitable for various businesses.
      202 N JACKSON AVENUE, Iowa Park, TX 76367
      View Details
    • $299,900
      2,100 SF

      Iowa Park Church Building

      Church building on 1.17 acres in Iowa Park, TX.
      801 N 1ST STREET, Iowa Park, TX 76367
      View Details
    • $320,000

      Texas Land Near Iowa Park

      47.22 acres of land near Iowa Park, Texas.
      0 COLEMAN PARK ROAD, Iowa Park, TX 76367
      View Details
    • $299,000

      Former Grain Facility with Expansion Pads

      Former grain operation on 9.85 acres with steel grain storage and ready expansion pads plus an on-site home.
      2062 Fm 368 S, Iowa Park, TX 76367
      View Details
    • $1,142,190

      Texas Ranch Land For Sale

      126.91 acre ranch land with highway access.
      3361 East Hwy 287, Iowa Park, TX 76367
      View Details
    • $1,450,000
      20,640 SF

      Self Storage and Retail Center

      Cash-flowing self-storage and retail center in Iowa Park, Texas.
      400-402 W Park Ave, Iowa Park, TX
      View Details
    • $120,000
      63,841 SF

      Residential Lot in Iowa Park

      1.47 acre corner lot with potential for homesites.
      1151 S FM 368, Iowa Park, TX 76367
      View Details
    • $244,500

      Recreation and Hunting Land

      A secluded tract with creek water, a stock tank, and cover for whitetail, dove, and hog hunting or outdoor recreation.
      Hacker, Iowa Park, TX 76367
      View Details
    • $155,000

      19.1 Acres with Mineral Rights

      19.1 acres of land with mineral rights in Iowa Park.
      0 JOHNSON ROAD, Iowa Park, TX 76367
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Cleared and cultivated acreage with frontage on Bell Road and Wyeth Road, ready for farming or future development.
    Where is this agricultural land / farmland located?
    The property is located at N Bell Road Iowa Park, TX.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Cleared and cultivated land, ready for immediate use or future development; Frontage along both Bell Road and Wyeth Road; Rural water planned to be placed on Wyeth Rd in 2026
    (940) 574-4888
    We can help!
    Listing Contact
    Matt McLemore
    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
    N Bell Road, Iowa Park, TX 76367
    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!