Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd HCR 1120 Rio Vista, TX 76093

    View on Map
    Claim this Listing
    New
    For Sale
    $836,000

    Unimproved Land - Rio Vista, TX

    Type:Unimproved Land
    Lot size:
    38.04 Acres
    Added:
    Apr 25, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 26 at 9:06 am

    Property Features for Tbd HCR 1120

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    120707
    Lot size
    38.04 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Farley

    Listing agent Chris Farley License #0533445

    Listing office Mountain Creek Real Estate,LLC 710 Forrest Lane, Joshua, TX

    Listing date Apr 25, 2026

    MLS# 21246107 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.

    Overview

    38 Acres in Rio Vista

    This property features 38.04 acres of unimproved land in Rio Vista, Texas, offering a mix of open pasture and scattered trees. A pond enhances the natural charm and provides a valuable water source. The tract is suitable for livestock, recreation, or building a home. The land offers usability and privacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Rio Vista
    County
    Johnson
    State
    Texas
    Longitude
    -97.41832
    Latitude
    32.183008

    Nearby Similar for Sale

    • $309,900

      Corner Lot with Drive-Through Shop

      5.01-acre corner lot with drive-through shop in Rio Vista.
      1065 Augustus Court, Rio Vista, TX 76093
      View Details
    • $144,900

      Texas Land with Development Potential

      5.05 acres in Rio Vista, TX, ideal for custom build.
      1020 Eagle Ridge Drive, Rio Vista, TX 76093
      View Details
    • $79,900

      Rio Vista Land Opportunity

      1+ acre lots in a charming Rio Vista subdivision.
      7612 Westover Hills Drive, Rio Vista, TX 76093
      View Details
    • $110,000

      Land for Custom Home

      2.32 acre lot ready for your custom home.
      7609 Westover Hills Drive, Rio Vista, TX 76093
      View Details
    • $79,900

      Rio Vista Land Opportunity

      1+ acre lots in a charming Rio Vista subdivision.
      7705 Emersyn Drive, Rio Vista, TX 76093
      View Details
    • $250,000

      Texas Land: Build Your Dream

      10 acres in Rio Vista, TX, perfect for custom home.
      6123 Hill Court, Rio Vista, TX 76093
      View Details
    • $877,500

      Expansive Land in Rio Vista, TX

      37-acre tract with mature trees in quiet countryside of Rio Vista.
      3506 County Road 1106, Rio Vista, TX 76093
      View Details
    • $23,999

      Rio Vista Land for Sale

      0.61-acre lot in Fisherman Paradise community, Rio Vista, TX.
      9020 Old Wagon Trail, Rio Vista, TX 76093
      View Details
    • $160,000

      4 Acres with Pond in Rio Vista

      4-acre property with pond, utilities, and mobile home near town.
      1161 Davis Court, Rio Vista, TX 76093
      View Details
    • $89,900

      Fisherman's Paradise Vacant Land

      Three adjoining lots in a scenic, relaxed community.
      9608 Eagles Nest Court, Rio Vista, TX 76093
      View Details
    • $1,200,000

      40 Acres of Pastureland in Rio Vista

      40 acres with pond, barns, and fencing ideal for development.
      500 County Road 1105, Rio Vista, TX 76093
      View Details
    • $654,240

      22.564 Acres of Unimproved Land

      Unrestricted 22.564-acre tract ideal for residential or agricultural use.
      1017 County Road 1102, Rio Vista, TX 76093
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 38 acres of pastureland with pond in Rio Vista, TX.
    Where is this agricultural land / farmland located?
    The property is located at Tbd HCR 1120 Rio Vista, TX.
    What is the asking price?
    The asking price for this property is $836,000.
    What are key features of this property?
    This property features: 38 Acres of Versatile Land: Ideal for building, ranching, recreation, or investment.; Open Pasture and Scattered Trees: Offers a balance of usability and privacy.; Peaceful Pond: Enhances the property's scenic appeal and provides a water source.
    (817) 992-0921
    We can help!
    Listing Contact
    Chris Farley
    Real Estate License ID: 0533445
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!