Sign Up Successful!
You now have access to more from Realmo!
    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

    Whitesboro, TX 76273

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $750,000

    14.21-acre property with a charming home and multiple sheds.

    Lot size:
    14.21 Acres

    Property Features for

    General Information

    Lot size
    14.21 Acres

    We can help!

    Listing Contact
    Austin AuneAustin AuneAustin Aune
    Source: Kw

    Listing Agency: Keller Williams DentonKeller Williams DentonKeller Williams Denton Listing Agent: Austin AuneAustin AuneAustin Aune

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Whitesboro Texas Countryside Retreat

    Located in Whitesboro, Texas, this 14.21-acre property features a 2,094 sq ft home with 3 bedrooms and 2 baths. The residence is surrounded by mature pecan and oak trees. Sandy Creek forms the entire eastern border, creating scenery and a habitat for wildlife. A private well maintains the water level of the pond. The property includes a 40x50 insulated shop, three 20x15 sheds currently used as dog kennels, a 30x15 shed, and a portable building. Fuel tanks are located near the shop. The property is located 5 miles from Whitesboro, 22 miles from Gainesville, and 25 miles from Sherman.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.8486
    Latitude
    33.6662

    Nearby Similar for Sale

    • $1,795,000
      3,014 SF

      Whitesboro Ranch Estate with Equestrian Features

      Private ranch estate designed for comfort, entertainment, and equestrian lifestyle.
      993 County Line Rd, Whitesboro, TX 76273
      View Details
    • $819,000
      1,904 SF

      Whitesboro Ranch Ready for Horses

      Equestrian property near town with modern amenities and ample space.
      27403 State Highway 56, Whitesboro, TX 76273
      View Details
    • $2,300,000
      2,439 SF

      Turnkey Equine Property in Whitesboro

      Income-producing ranch with equestrian facilities and commercial opportunities.
      9739 E Us Highway 82, Whitesboro, TX 76273
      View Details
    • $1,890,000
      1,176 SF

      Farm/Ranch with Barndominium in Whitesboro,TX

      40-acre farm/ranch in Whitesboro, TX with barndominium and livestock facilities.
      204 Cr 107, Whitesboro, TX 76273
      View Details
    • $1,890,000
      1,176 SF

      Whitesboro Horse and Livestock Property

      Almost 40-acre property ideal for horses and livestock in Whitesboro.
      204 Cr 107, Whitesboro, TX 76273
      View Details
    • $1,900,000
      2,140 SF

      25-Acre Ranch Ready for Conversion

      25-acre working ranch adaptable for cattle or horse operations.
      4378 Old Town Rd, Whitesboro, TX 76273
      View Details
    • $2,950,000
      5,819 SF

      Texas Ranch with Red Roofs

      63-acre ranch featuring multiple custom homes and equestrian facilities.
      34673 Us Highway 82, Whitesboro, TX 76273
      View Details
    • $3,900,000
      2,235 SF

      Equine Paradise with Dual Residences

      87-acre Whitesboro equine property featuring two identical brick homes.
      777 Stiles Rd, Whitesboro, TX 76273
      View Details
    • $3,595,000
      5,472 SF

      Texas Horse Country Estate

      31.8-acre farm/ranch with luxury home and extensive amenities.
      790 Bones Chapel Rd, Whitesboro, TX 76273
      View Details
    • $1,799,999
      4,490 SF

      Equine Paradise with Two Brick Homes

      23-acre equine paradise featuring two identical brick homes.
      777 Stiles Rd, Whitesboro, TX 76273
      View Details
    • $1,449,000
      1,500 SF

      Whitesboro Equine Facility on 20 Acres

      Premier equestrian facility on 20 acres near Whitesboro, Texas.
      15084 Us Highway 377, Whitesboro, TX 76273
      View Details
    • $1,250,000
      39.90 Acres

      Equestrian Property in Horse Country

      40-acre equestrian property with spacious home and barn.
      27160 State Highway 56, Whitesboro, TX 76273
      View Details

    FAQs

    What type of property is this?
    Ranch - 14.21-acre property with a charming home and multiple sheds.
    Where is this ranch located?
    The property is located at Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 14.21-acre property featuring a 2,094 sq ft, 3-bedroom, 2-bath home nestled in a private countryside setting.; - Sandy Creek borders the east side, adding to the natural beauty and wildlife.; - Includes a **40x50 insulated shop**, sheds (20x15 and 30x15), and a portable building.
    Request Owner's contact information
    Whitesboro, TX 76273
    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.
    Whitesboro, TX 76273
    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
    Whitesboro, TX 76273
    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

    We can help!
    Listing Contact
    Austin AuneAustin AuneAustin Aune
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.