Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7.9 Acres in Josephine, TX Title is generated by Realmo AI

    Tbd W Cook Street, Josephine, TX 75173

    View on Map
    Claim this Listing
    For Sale
    $334,000

    Unimproved Land - Josephine, TX

    Type:Unimproved Land
    Lot size:
    7.93 Acres
    Added:
    May 24, 2026
    Days on Market:
    8
    Last Refresh:
    May 31 at 11:06 am

    Property Features for Tbd W Cook Street

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R668600101401
    Lot size
    7.93 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Megan Humphrey

    Listing agent Megan Humphrey License #0814515

    Listing office Christie's Lone Star 4606 Frisco Green, Suite 100, Dallas, TX

    Listing date May 24, 2026

    MLS# 21273784 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

    • Large 7.9‑acre tract in rapidly expanding Josephine, Texas.
    • High‑growth area with potential for private estate, recreational retreat, or investment.
    • Secluded setting with mature trees, large pond, and natural landscape.
    • Conveniently connected to the DFW Metroplex.
    • Surrounded by continued residential and commercial expansion.
    • Opportunities for heavily treed acreage in this location are becoming increasingly limited.

    Overview

    This 7.927-acre tract of land is located in Josephine, Collin County, Texas. The property is covered in mature trees and features a large pond and natural landscape. It offers a secluded setting with privacy and natural beauty. The location is experiencing residential and commercial expansion throughout Collin and Hunt Counties. This property is positioned in the path of North Texas growth and presents potential for a private estate, recreational retreat, or long-term land investment. The property offers country living with convenient access to shopping, dining, schools, and major commuter routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Josephine
    County
    Collin
    State
    Texas
    Longitude
    -96.324004
    Latitude
    33.058034

    Nearby Similar for Sale

    • $1,450,000
      1,344 SF

      22 Acres in Growing Josephine

      22+ acres ideal for residential, commercial, or mixed-use development.
      324 N Greenville Road, Josephine, TX 75173
      View Details
    • $1,450,000
      1,344 SF

      Josephine Land Opportunity

      22+ acres in Josephine, TX, for residential or commercial development.
      324 N Greenville Street, Josephine, TX 75173
      View Details
    • $335,000

      Cleared Land Ready For Building

      5+ acre lot near Highway 66 and I-30.
      511 Horizon Way, Josephine, TX 75173
      View Details
    • $6,000,000

      Josephine, TX Prime Acreage Opportunity

      Exceptional land tract suitable for commercial, residential, or mixed-use development.
      703 E Cook Street, Josephine, TX 75189
      View Details
    • $770,000

      Residential Lots in Josephine, TX

      Eleven residential lots for sale in Josephine, Texas.
      102 E Hubbard Street, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Unrestricted residential lots suitable for custom homes or investment.
      112 E Hubbard Road, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Residential lots with no deed restrictions, ideal for custom builds.
      109 Caddo Street, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Eleven residential lots available for purchase individually or together.
      104 E Hubbard Road, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Residential lots with no deed restrictions, ideal for custom builds.
      101 Caddo Street, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Eleven residential lots available for individual or combined purchase.
      110 E Hubbard Road, Josephine, TX 75173
      View Details
    • $70,000

      Residential Lots in Josephine, TX

      Eleven residential lots available for purchase individually or together.
      108 E Hubbard Road, Josephine, TX 75173
      View Details
    • $80,000

      Land For Sale Josephine, TX

      0.219 acre commercial land available in Josephine, Texas.
      507 Flora Court, Josephine, TX 75173
      View Details

    FAQs

    What type of property is this?
    Land - Secluded 7.9-acre tract in a high-growth North Texas area.
    Where is this land located?
    The property is located at Tbd W Cook Street Josephine, TX.
    What is the asking price?
    The asking price for this property is $334,000.
    What are key features of this property?
    This property features: Large 7.9‑acre tract in rapidly expanding Josephine, Texas.; High‑growth area with potential for private estate, recreational retreat, or investment.; Secluded setting with mature trees, large pond, and natural landscape.
    (214) 821-3336
    We can help!
    Listing Contact
    Megan Humphrey
    Real Estate License ID: 0814515
    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 W Cook Street, Josephine, TX 75173
    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!