Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stratford Tx Usa Stratford, TX 79022
    Back to Search
    Property profile & analytics

    Stratford Tx Usa Stratford, TX 79022

    View on Map
    • Land
    • 480.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Stratford Tx Usa

    Lot size
    480.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 480-acre agricultural property is located southwest of Stratford, Texas, in Sherman County (zip code 79022). The property boasts approximately 360 acres of irrigated land, representing 75% of the total acreage. Irrigation is facilitated by three wells with a combined capacity of approximately 1,400 gallons per minute (GPM), yielding a generous 3.89 GPM per wet acre. The irrigation system includes three Reinke 1¼-mile sprinklers (1990s models), two CAT irrigation engines, one Chevy 454 irrigation engine, and three turbine pumps with gearheads. Improvements also include a 9,000-square-foot metal barn and a single-wide trailer house in good condition. Power is available via single-phase electricity on the north side of the southeast quarter. Access is provided via a private easement. Detailed well information is available, including drilling dates and depths for three wells (DA-5590, DA-5592, and DA-5197, with one drilled in May 2009 to a depth of 580 feet). The asking price is $3,000,000, or $6,250 per acre. This property presents a significant opportunity for agricultural investment, given its extensive irrigation infrastructure and substantial water supply. Directions from Stratford, TX: Drive southwest on US 54 for 2.5 miles to FM 2014, turn left, drive south 8.5 miles to County Road V, turn right, drive west 2 miles to a private farm road, turn left, and drive south 1.5 miles to the northeast corner of the property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stratford
    County
    Sherman
    State
    Texas
    Longitude
    -102.072
    Latitude
    36.3361

    Comparable in this City

    • Value Estimation by Request
      160.00 Acres

      Sherman Co. Quarter Section

      Land • 160.00 Acres
      0 Sherman Co. Quarter Section, Dalhart, TX 79022
      View Details
    • Value Estimation by Request
      3.52 Acres

      12055 Fm 3139

      VACANT COMMERCIAL LAND • 3.52 Acres
      12055 Fm 3139, Dalhart, TX 79022-7638
      View Details
    • Value Estimation by Request
      0.32 Acres

      1519 David Ln

      VACANT COMMERCIAL LAND • 0.32 Acres
      1519 David Ln, Dalhart, TX 79022-5152
      View Details
    • Value Estimation by Request
      4.56 Acres

      Dalhart, TX 79022

      VACANT COMMERCIAL LAND • 4.56 Acres
      Dalhart, TX 79022
      View Details
    • Value Estimation by Request
      4.91 Acres

      12095 Glider St

      VACANT COMMERCIAL LAND • 4.91 Acres
      12095 Glider St, Dalhart, TX 79022
      View Details
    • Value Estimation by Request
      6.65 Acres

      12045 Fm 3139

      VACANT COMMERCIAL LAND • 6.65 Acres
      12045 Fm 3139, Dalhart, TX 79022-7638
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.16 Acres

      Residential Corner Lot in Dalhart

      Corner lot suitable for residential development in Dalhart, Texas.
      901 Oak Ave, Dalhart, TX 79022
      View Details
    • $325,000
      0.48 Acres

      Dalhart Live/Work Property For Sale

      Live/work property with extra lot, ideal for business owners.
      702 E 7Th St, Dalhart, TX 79022
      View Details
    • $120,000
      5.00 Acres

      Acreage Outside Dalhart, Texas

      5 acres near Dalhart, TX, ideal for residential or commercial.
      12076 County Road 38, Dalhart, TX 79022
      View Details
    • Contact for pricing
      0.16 Acres

      Residential Corner Lot in Dalhart

      Corner lot suitable for building a new home.
      901 Oak Ave, Dalhart, TX 79022
      View Details
    • $65,000
      3.00 Acres

      Acreage Outside Dalhart, Texas

      Three-acre property near Dalhart, Texas, ideal for residential or commercial.
      12104 County Road 38, Dalhart, TX 79022
      View Details
    • $40,000
      0.19 Acres

      Residential Land in Dalhart, TX

      Corner lot suitable for building a home or installing a mobile home.
      1401 Lincoln St, Dalhart, TX 79022
      View Details
    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.
    Stratford Tx Usa
    Stratford, TX 79022
    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
    Stratford Tx Usa, Stratford, TX, 79022
    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!