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Cooke 76233
1111 County Road 243
$2,000,000
● Land - Off Market

1111 County Road 243

Collinsville, TX 76233
bedrooms
Studio
bathrooms
0 Bath
$10,373
Est. Monthly

About This Property

Experience wide-open Texas countryside on this beautiful 65-acre tract, thoughtfully improved and ready for livestock or development. An old barn full of character anchors the property and already has electricity and well water in place. The seller has completely re-fenced the perimeter, added a new cross fence, and constructed sturdy new cattle pens-huge upgrades that save you time and expense. With room to roam, rolling acreage, and essential infrastructure already established, this land is a rare find for ranchers and dreamers alike.
Unit Size
-
Days on Market
-
Land Size
65.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (NTREIS #21129640)

Price History

Date / Event Date Event Price
Apr 21, 2026 Sold
Premium
Sold
Mar 4, 2026 In contract -
In contract
Dec 10, 2025 Listed by Ox Realty Group $2,112,500
Listed by Ox Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,831,400
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: MARTIN WR
  • Land Acres: 0000065000
  • Standard Land Use Code: 7013
  • County Land Use Code: D2
  • Legal Description 1: MARTIN WR 0716 ACRES 65.0

Neighborhood

  • School District Name: Callisburg Independent School District
  • School Tax School District: NCTC,RDBD,SDCL
  • Census Tract: 000701

Geography

  • Account Number: 0716-003-00000
  • Parcel: 53949
  • Municipality: COLLINSVILLE
  • Latitude: 33.5199
  • Longitude: -96.9502

    Address

  • Full Address: 1111 County Road 243
  • Address - House Number: 1111
  • Address - Street Name: County Road 243
  • State: TX
  • City Name: Collinsville
  • Carrier Code: R001
  • 4-Digit Zip Code: 2531
  • Zip Code: 76233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,239
  • Tax Rate Code Area: 72,CCOK,FM

    Market Valuation

  • Market Total Value: $1,032,623
  • Market Land Value: $1,008,150
  • Market Improvement Value: $24,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,951
  • Assessed Land Value: $5,478
  • Assessed Improvements Value: $24,473

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8216
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cooke

Stats & Trends

Median Asking:

$339,250

Sale Price/ft²

$179

Below Asking

0.04%

Average Days on Market

94

Average Home Size

2234 ft²

Average Home Age

-

Currently For Sale

307 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Nicole Donaho, Ox Realty Group
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21129640
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1111 County Road 243 built and last sold?
The property at 1111 County Road 243 was built in 1996 and last sold on Dec 14, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1111 County Road 243 is $0.
What are some comparable homes to 1111 County Road 243?
There are currently no comparable homes to 1111 County Road 243.
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