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    Property profile & analytics

    310 Co Rd Cumby, TX 75433

    • Land
    • 105.32 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 310 Co Rd

    Lot size
    105.32 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 105.32-acre property in Hopkins County, Texas, presents a unique investment opportunity. Located near Cumby, TX, with convenient access to Highway 30, this land offers a blend of rural tranquility and strategic accessibility. The property boasts a diverse landscape featuring mature trees, providing ample privacy and a picturesque setting. Four serene ponds enhance the natural beauty, while an existing water meter simplifies development or agricultural pursuits. A barn on the site is ideal for storage or livestock. With extensive road frontage, the property offers flexibility for potential subdivision, making it suitable for various development plans. The expansive 4,587,739 square foot lot provides ample space for a wide range of uses, from farming and ranching to residential or commercial development. This property is perfect for investors seeking a versatile land holding with significant potential for future growth and appreciation. A virtual tour is available for a comprehensive view of this remarkable opportunity. The asking price is $1,316,500. Don't miss this chance to own a piece of Texas countryside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cumby
    County
    Hopkins
    State
    Texas
    Longitude
    -95.8606
    Latitude
    33.1061

    Comparable in this City

    • Value Estimation by Request
      33.19 Acres

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    • Value Estimation
      $255,000
      4,608 SF

      204 Main St

      COMMERCIAL (GENERAL) • 4,608 SF
      204 Main St, Cumby, TX 75433
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    • Value Estimation
      $270,000
      1,975 SF

      122 Main St

      COMMERCIAL (GENERAL) • 1,975 SF
      122 Main St, Cumby, TX 75433-4519
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    • Value Estimation
      $330,000
      11,944 SF

      14643 Farm Rd 1567th W

      COMMERCIAL (GENERAL) • 11,944 SF
      14643 Farm Rd 1567th W, Cumby, TX 75433-6934
      View Details
    • Value Estimation
      $375,000
      3,536 SF

      30 Farm Rd 275th S

      COMMERCIAL (GENERAL) • 3,536 SF
      30 Farm Rd 275th S, Cumby, TX 75433-5205
      View Details
    • Value Estimation
      $450,000
      7,890 SF

      107 Interstate 30th Service Rd

      COMMERCIAL (GENERAL) • 7,890 SF
      107 Interstate 30th Service Rd, Cumby, TX 75433-2910
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33.19 Acres

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    • $1,250,000
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      Ag-Exempt Land with Metal Building

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    • $1,500,000
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      Move-In Ready 68-Acre Farm

      68-acre farm with modern comforts, ready for livestock.
      1008 County Road 4133, Cumby, TX 75433
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      Cumby Ranch with Cross-Fenced Pastures

      21.5 acre ranch featuring a single-story brick home.
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    • $775,000
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      Spacious Farmhouse on 14 Acres

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    310 Co Rd
    Cumby, TX 75433
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    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
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