Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Santo, TX Hilltop Homesite Title is generated by Realmo AI

    Tbd Weatherby Way, Santo, TX 76472

    View on Map
    Claim this Listing
    For Sale
    $389,900

    Unimproved Land - Santo, TX

    Type:Unimproved Land
    Lot size:
    10.56 Acres
    Added:
    Jan 14, 2026
    Days on Market:
    131
    Last Refresh:
    May 25 at 4:06 am

    Property Features for Tbd Weatherby Way

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    565831
    Lot size
    10.56 Acres

    Taxes and HOA fees

    Expense value
    575
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jacob Born

    Listing agent Jacob Born License #0567162

    Listing office Bridge Capital Partners 260 Blevins St, Grapevine, TX

    Listing date Jan 14, 2026

    MLS# 21116913 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

    • Unbeatable panoramic views from a hilltop homesite.
    • Access to a huge common area with 848' of Brazos River frontage and a boat ramp.
    • Located in a gated community, just 5 minutes from the highway.
    • Ag exemption already in place, reducing property taxes.
    • Option to purchase adjacent 11.44‑acre tract to create a 22‑acre homesite.
    • Easy commute to Fort Worth or Mineral Wells via I‑20 and US 281.

    Overview

    This 10.56-acre hilltop homesite is located in a gated community and offers views. Situated in the Santo school district, the property provides a country living environment with privacy and space from neighbors. The location provides access to I-20 and US 281, facilitating commutes to Fort Worth or Mineral Wells. Santo water and Oncor electricity are available. An agricultural exemption is already in place. A common area with 848 feet of Brazos River frontage and a boat ramp provides recreational opportunities. The owner is willing to sell the adjacent 11.44-acre tract to combine both tracts for a 22-acre homesite. There is separate access to the lower parcel along Remington Rd.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santo
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.187
    Latitude
    32.5854

    Nearby Similar for Sale

    • $975,000
      2,538 SF

      Santo, TX Farm/Ranch Property

      20-acre farm/ranch with a well-maintained home and park-like setting.
      970 Live Oak Road, Santo, TX 76472
      View Details
    • $1,700,000

      6 Acres Commercial Land Opportunity

      Commercial land with infrastructure remnants and highway visibility in Santo.
      14330 S Highway 281, Santo, TX 76472
      View Details
    • $2,699,999
      3,600 SF

      Equestrian Estate with Mountain Views

      Luxury ranch living on over 75 acres in Santo, TX.
      1084 Beddo Mountain, Santo, TX 76472
      View Details
    • $485,000

      26 Acres Unrestricted Santo Land

      Unrestricted 26-acre land near Santo, TX, with fiber internet.
      26.02 Ac N Fm 129, Santo, TX 76472
      View Details
    • $750,000

      Santo, TX Unimproved Land

      18.41 acres of land with Brazos River frontage.
      1370 Capstone Ridge Drive, Santo, TX 76472
      View Details
    • $399,000

      Santo Ranch with I-20 Frontage

      13.39-acre ranch with I-20 frontage near Weatherford and Santo.
      20 IH, Santo, TX 76472
      View Details
    • $120,000

      Commercial Land on Interstate 20

      Commercial land with utilities and easy access to I-20.
      20 Interstate, Santo, TX 76472
      View Details
    • $145,000

      Scenic 5-Acre Homesite in Santo

      Exceptional homesite with utilities in Santo ISD.
      Lot 6 SIERRA VISTA BLVD, Santo, TX 76472
      View Details
    • $119,900

      Land in River Bend Ranch

      5+ acre land parcel in Palo Pinto, Texas.
      Tbd Lot 25 New Hope Road, Santo, TX 76484
      View Details
    • $119,900

      Land in River Bend Ranch

      5+ acre land parcel in scenic Palo Pinto, Texas.
      Tbd Lots 24 New Hope Road, Santo, TX 76484
      View Details
    • $195,000

      Land Near Palo Pinto Creek

      6.339 acres in Sierra Vista Ranch near Palo Pinto Creek.
      Tbd Lot 29 Mason Lane, Santo, TX 76472
      View Details
    • $138,500

      Santo, TX: 5-Acre Land Tract

      5-acre tract in Santo, TX, ideal for custom builds.
      1005 Carter Lane, Santo, TX 76472
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10.56 acres in gated community with panoramic views.
    Where is this residential land & home lot located?
    The property is located at Tbd Weatherby Way Santo, TX.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: Unbeatable panoramic views from a hilltop homesite.; Access to a huge common area with 848' of Brazos River frontage and a boat ramp.; Located in a gated community, just 5 minutes from the highway.
    (817) 919-5035
    We can help!
    Listing Contact
    Jacob Born
    Real Estate License ID: 0567162
    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

    Thank You for Inquiry
    Tbd Weatherby Way, Santo, TX 76472
    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!