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    3954 Fm 1502 Detroit, TX 75436

    • Land
    • 2,048 SF
    • 20.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3954 Fm 1502

    Lot size
    20.45 lot acres
    Property size
    2,048 SF
    Property type
    Land

    Description

    This exceptional 2,048 sq ft, three-bedroom, two-bathroom brick home sits on over 20 acres of fenced land in Lamar County, Texas, within the Prairiland ISD. The property boasts a spacious kitchen and dining area, perfect for entertaining. A split bedroom plan offers privacy, and a bonus room provides extra space for an office or hobby area. Enjoy Texas evenings on the covered outdoor entertainment area. Practical features include covered parking, a livestock barn, and a versatile shop for storage or hobbies. This idyllic rural retreat offers a peaceful lifestyle with modern conveniences, ideal for those seeking country living with ample space for animals, gardening, or simply enjoying the quietude. The asking price is $415,000. The property's address is 3954 FM 1502, Detroit, TX 75436.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Lamar
    State
    Texas
    Longitude
    -95.3197
    Latitude
    33.6863

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      7.50 Acres

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    3954 Fm 1502
    Detroit, TX 75436
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    Realmo Value Estimation

    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.

    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.

    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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