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    8685 Fm 1827 Anna, TX 75409
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    8685 Fm 1827 Anna, TX 75409

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    • Wedding venues
    • 5,120 SF
    For Sale
    $2,500,000
    View Listing →
    63-Acre Ranch with 32-Acre Lake For Sale
    $2,500,000
    5,120 SF

    63-Acre Ranch with 32-Acre Lake

    63-acre ranch near Dallas with lake, barndominium, and pastures.

    8685 FM1827, Anna, TX 75409
    View Listing
    Property ID
    US82-3537513
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Longhorn Hill Ranch & Party Barn / Hotel & Motel / Resort

    Property Details for 8685 Fm 1827

    Year built
    2000
    Property size
    5,120 SF
    Property type
    Wedding venues
    Property subtype
    Recreation land

    Description

    The Longhorn Hill Ranch Venue is a true getaway and a perfect place to raise a family, enjoy the ranch life, or escape the city. This barndominium features vaulted, beamed ceilings and is completely trimmed with cedar wood w unique designs & themes. Providing a rustic western atmosphere the upstairs has accommodations and a balcony overlooking the barn. Less than 1 hour from downtown Dallas, this sprawling 63-acre Ranch offers large trees, a 32-acre lake, a gazebo, lush pastures, and adjoining ranch quarters. This property is perfect for equine lovers. The Party Barn and gazebo are located near the lake to make a beautiful setting for weddings, cookouts, pictures, or any special occasion. The cabin home on the ranch is where family and friends can enjoy the beautiful scenery and relax. Ideal location and setting for family reunions, retreats, receptions, holiday parties, special birthdays, class reunions, bridal showers, church events, company picnics, & Christmas or New Year parties.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Anna
    County
    Collin
    State
    Texas
    Longitude
    -96.49129
    Latitude
    33.27768

    Comparable in this City

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      Anna, Texas Ranch Land

      84.68 acres in Anna, Texas, for private ranch.
      33.322476 -96.455342 Fm-2862, Anna, TX 75409
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    • $8,000,000
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      Expansive Land with Equestrian Facilities

      274+ acres with equestrian facilities and development potential.
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    • $16,900,000
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      Anna, Texas Ranch with Lakes

      340-acre ranch featuring two lakes, ideal for equine and ranch living.
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    • $2,346,000
      51.00 Acres

      51 Acre Anna, Texas Tract

      Productive land with road frontage in a high-growth area.
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      Anna, Texas Farmhouse on Acreage

      64 acres with farmhouse, barndominium, and pool near Anna.
      9530 County Road 581, Anna, TX 75409
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    • $440,000
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      4-Acre Land Parcel in Anna, TX

      4-acre parcel in Collin County, ideal for building or investment.
      9189 Cr 285, Anna, TX 75409
      View Details

    Similar Nearby for Sale

    • $3,500,000
      84.68 Acres

      Anna, Texas Ranch Land

      84.68 acres in Anna, Texas, for private ranch.
      33.322476 -96.455342 Fm-2862, Anna, TX 75409
      View Details
    • $8,000,000
      274.48 Acres

      Expansive Land with Equestrian Facilities

      274+ acres with equestrian facilities and development potential.
      4640 Noell Rd, Anna, TX 75409
      View Details
    • $16,900,000
      340.00 Acres

      Anna, Texas Ranch with Lakes

      340-acre ranch featuring two lakes, ideal for equine and ranch living.
      5880 Fm 2862, Anna, TX 75409
      View Details
    • $2,346,000
      51.00 Acres

      51 Acre Anna, Texas Tract

      Productive land with road frontage in a high-growth area.
      9995 Fm 2862, Anna, TX 75409
      View Details
    • $6,700,000
      64.01 Acres

      Anna, Texas Farmhouse on Acreage

      64 acres with farmhouse, barndominium, and pool near Anna.
      9530 County Road 581, Anna, TX 75409
      View Details
    • $440,000
      4.00 Acres

      4-Acre Land Parcel in Anna, TX

      4-acre parcel in Collin County, ideal for building or investment.
      9189 Cr 285, Anna, TX 75409
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      49,130 SF

      New Construction Commercial Space

      High-quality commercial space with prominent signage and ample parking.
      1029 W White St, Anna, TX 75409
      View Details
    • Contact for pricing

      Industrial Land with Development Potential

      Land with house suitable for industrial or residential use.
      2885 Fm 2862, Anna, TX 75409
      View Details
    • Contact for pricing

      Retail Pad Sites For Lease

      Retail pad sites available in high-growth Anna, Texas.
      Hwy 5 & Rosamond Pkwy, Anna, TX 75409
      View Details
    • Contact for pricing

      Commercial Pad Site For Rent

      Pad site near Brookshires, schools, and major retailers.
      1600 W White St, Anna, TX 75409
      View Details
    • Contact for pricing

      Retail Pad Site For Lease

      Pad site available across from Brookshires Grocer in Anna, TX.
      1600 W White St, Anna, TX 75409
      View Details
    • Contact for pricing
      2,280 SF

      Retail Space in Growing City

      Retail space in Anna's downtown district with patio opportunity.
      628 W White St, Anna, TX 75409
      View Details
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    8685 Fm 1827
    Anna, TX 75409
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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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