Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    35 Acre Ranch Estate Title is generated by Realmo AI

    Tbd Fm 902 Tract A, Collinsville, TX 76233

    View on Map
    Claim this Listing
    New
    For Sale
    $969,219

    Unimproved Land - Collinsville, TX

    Type:Unimproved Land
    Lot size:
    35.90 Acres
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 11:06 am

    Property Features for Tbd Fm 902 Tract A

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    78834
    Lot size
    35.90 Acres

    Utilities

    Heating system
    Central

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Curtis Petersen

    Listing agent Curtis Petersen License #0697409

    Listing office INC Realty, LLC 608 E Hickory St Ste 128, Denton, TX

    Listing date May 29, 2026

    MLS# 21284681 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

    • 35± acre ranch estate minutes from Lake Kiowa, offering privacy and investment potential.
    • Balanced mix of open pastureland and rolling terrain with scenic pond views.
    • Gated entrance providing security and exclusivity.
    • Existing utilities on‑site for convenience.
    • Suitable for custom home, equestrian property, ranch retreat, or future development.
    • Conveniently located near FM 902 with a favorable tax rate.

    Overview

    This 35-acre ranch estate is located minutes from Lake Kiowa. The property features a mix of open pastureland and gently rolling terrain, with views overlooking a scenic pond. A gated entrance provides security. Existing utilities are on-site. The property is suited for a custom home, equestrian property, or private ranch retreat. It offers flexibility for various lifestyles and investment goals, including running livestock, recreational activities, building a dream estate, or future development. Located near FM 902, the property benefits from a favorable tax rate. Additional acreage is available, with the adjoining tract potentially bringing the total available acreage to approximately 71.71 acres.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Collinsville
    County
    Grayson
    State
    Texas
    Longitude
    -96.8735
    Latitude
    33.548

    Nearby Similar for Sale

    • $1,249,000
      2,800 SF

      Collinsville Estate with Modern Luxury

      Stunning 15-acre estate with modern luxury and functional utility.
      1024 Jordan Creek Road, Collinsville, TX 76233
      View Details
    • $2,599,000
      3,967 SF

      Turnkey Horse Property in Collinsville

      Equestrian estate on 55.41 acres with extensive horse facilities.
      1717 Batey Road, Collinsville, TX 76233
      View Details
    • $1,799,000
      3,967 SF

      Turnkey Horse Property in Collinsville

      Equestrian estate with multiple homes and extensive horse facilities.
      1717 1/2 Batey Road, Collinsville, TX 76233
      View Details
    • $1,500,000
      2,546 SF

      Collinsville Ranch with Acreage

      Move-in ready home on 16.69 acres with pond and creek.
      224 CR 290, Collinsville, TX 76233
      View Details
    • $1,799,000

      Texas Ranch Retreat and Investment

      73+ acre luxury ranch retreat in Collinsville, Texas.
      3647 COUNTY ROAD 265, Collinsville, TX 76233
      View Details
    • $8,000,000

      Turnkey Ranch Retreat Near Dallas

      232-acre ranch with residence, barn, ponds, and abundant wildlife.
      1210 County Road 232, Collinsville, TX 76233
      View Details
    • $1,500,000

      Collinsville Ranch with Pond & Creek

      Move-in ready ranch on 16.69 acres with pond and creek.
      224 County Road 290, Collinsville, TX 76233
      View Details
    • $1,758,400

      62 Acres in Grayson County

      Fenced acreage ideal for livestock, recreation, or investment.
      Tbd Hog Town Road Road, Collinsville, TX 76233
      View Details
    • $2,262,000
      3,967 SF

      Turnkey Horse Property in Collinsville

      Equestrian estate on 27 acres with extensive horse facilities.
      1717 1/2 Batey Road, Collinsville, TX 76233
      View Details
    • $215,000
      1,380 SF

      Collinsville Commercial Property For Sale

      1380 SF metal building on 1.17 acres.
      TBD 000 N Main Street, Collinsville, TX 76233
      View Details

    FAQs

    What type of property is this?
    Ranch - Premier North Texas land tract with long-term investment potential.
    Where is this ranch located?
    The property is located at Tbd Fm 902 Tract A Collinsville, TX.
    What is the asking price?
    The asking price for this property is $969,219.
    What are key features of this property?
    This property features: 35± acre ranch estate minutes from Lake Kiowa, offering privacy and investment potential.; Balanced mix of open pastureland and rolling terrain with scenic pond views.; Gated entrance providing security and exclusivity.
    (972) 351-1095
    We can help!
    Listing Contact
    Curtis Petersen
    Real Estate License ID: 0697409
    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 Fm 902 Tract A, Collinsville, TX 76233
    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!