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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1145 Hill County Road 1458 Itasca, TX 76055

    • Commercial real estate
    • 109.93 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5549141
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1145 Hill County Road 1458

    Lot size
    109.93 lot acres
    Property type
    Commercial real estate
    APN
    118508, 118570

    Description

    This exceptional 109.93-acre Texas ranch in Itasca (zip code 76055), Hill County, presents a unique opportunity. The property boasts rolling hills, mature trees, two creeks (including the spring-fed Cottonwood Creek), and three ponds, offering breathtaking views. The land is cross-fenced with electric wire, ideal for livestock. An existing three-bedroom, two-bathroom home is included, perfect for immediate enjoyment or as a base while building a new residence. Ag-exemption is currently in place. The property is zoned AGR LND and features APN numbers 118508 and 118570. This remarkable property is available for purchase as a whole or in two separate parcels: a 33-acre tract or a 77-acre tract including the house and outbuildings. The asking price for the entire 109.93-acre property is $1,179,000. This is a turnkey opportunity for those seeking a tranquil rural retreat or a productive agricultural operation. The property's location is 32.089243 latitude, -97.2265542 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    Hill
    State
    Texas
    Longitude
    -97.2265542
    Latitude
    32.089243

    Comparable in this City

    • $9,991,000

      Farms and Ranches for Sale

      Farms and ranches available for purchase.
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    • $775,000

      Fm 66 Agricultural Property

      Agricultural property located on Fm 66, Itasca, Texas.
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    • $4,250,000
      406.00 Acres

      406 Acres of Rolling Hills

      Unimproved land with tanks, lake, fencing, and rolling terrain.
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    • $352,924

      Land For Sale

      Land available for purchase.
      0011 Hcr 4242, Itasca, TX 76055
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    • $575,000
      31.00 Acres

      31 Acres on State Highway

      31 acres in Itasca, TX, suitable for residential or commercial.
      2848 St Hwy 81, Itasca, TX 76055
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    • $99,900
      1.00 Acre

      One Acre of Country Land

      One acre of land perfect for country living in Itasca.
      199 Hcr-4434, Itasca, TX 76055
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    Similar Nearby for Sale

    • $9,991,000

      Farms and Ranches for Sale

      Farms and ranches available for purchase.
      934 Fm-934, Itasca, TX 76055
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    • $775,000

      Fm 66 Agricultural Property

      Agricultural property located on Fm 66, Itasca, Texas.
      834 Fm 66, Itasca, TX 76055
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    • $4,250,000
      406.00 Acres

      406 Acres of Rolling Hills

      Unimproved land with tanks, lake, fencing, and rolling terrain.
      517 County Rd 1364, Itasca, TX 76055
      View Details
    • $352,924

      Land For Sale

      Land available for purchase.
      0011 Hcr 4242, Itasca, TX 76055
      View Details
    • $575,000
      31.00 Acres

      31 Acres on State Highway

      31 acres in Itasca, TX, suitable for residential or commercial.
      2848 St Hwy 81, Itasca, TX 76055
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    • $99,900
      1.00 Acre

      One Acre of Country Land

      One acre of land perfect for country living in Itasca.
      199 Hcr-4434, Itasca, TX 76055
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    Similar Nearby for Lease

    • $800 /Mo
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      Remodeled Building in Downtown Itasca

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    • $1,700 /Mo
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      Restaurant Space in Itasca, TX

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      140 W Main St, Itasca, TX 76055
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      24,394 SF

      Versatile Commercial Building in Itasca

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    1145 Hill County Road 1458
    Itasca, TX 76055
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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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