$1,966,650
●
Land -
Off Market
12932 Ragsdale Circle
Aubrey, TX 76227
Studio
0 Bath
$10,829
Est. Monthly
About This Property
12932 Ragsdale Circle presents a rare opportunity to own
approximately 18.73 acres in the heart of one of North Texas' fastest-growing corridors. Currently utilized as a horse property,
this beautiful tract offers the perfect blend of open space, mature
trees, scenic natural beauty, and future potential.
With excellent road frontage and a picturesque creek running through the property, the land provides an ideal setting for a private ranch estate, custom home, equestrian facility, or future development opportunity. Towering trees create privacy and character, while the gently rolling terrain offers multiple prime building sites.
Located near the continued growth of Aubrey and the expanding North Texas market, this property is perfectly suited for developers, investors, or buyers looking to build a dream home with room to roam. Whether you envision a luxury ranch retreat or future residential development, this versatile property offers endless possibilities in a highly desirable location. A truly unique opportunity to secure acreage, beauty, and future upside all in one exceptional property.
With excellent road frontage and a picturesque creek running through the property, the land provides an ideal setting for a private ranch estate, custom home, equestrian facility, or future development opportunity. Towering trees create privacy and character, while the gently rolling terrain offers multiple prime building sites.
Located near the continued growth of Aubrey and the expanding North Texas market, this property is perfectly suited for developers, investors, or buyers looking to build a dream home with room to roam. Whether you envision a luxury ranch retreat or future residential development, this versatile property offers endless possibilities in a highly desirable location. A truly unique opportunity to secure acreage, beauty, and future upside all in one exceptional property.
Unit Size
-
Days on Market
-
Land Size
18.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
2021
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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: 16 days ago (NTREIS #21270346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Keller Williams Realty | $2,200,000 | |
| Listed by Keller Williams Realty | |||
| Dec 23, 2025 | No longer available | - | |
| No longer available | |||
| Aug 19, 2025 | Listed by North Texas Realty & Auction, | $2,400,000 | |
| Listed by North Texas Realty & Auction, | |||
| | |||
|
Discover a prime 18.73-acre parcel of land, perfect for development! This expansive lot boasts impressive road frontage, making access a breeze. The property’s many mature trees provide natural beauty and privacy, while the serene backdrop of a beautiful creek enhances its appeal. Currently utilized as a horse property, it offers a unique opportunity for buyers looking to invest in land for future development. With its picturesque setting and strategic location, this property is a must-see for anyone looking to create something special. Don’t miss out on this exceptional opportunity.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Denton
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Listed by: Benjamin Clark, Keller Williams Realty
Last Updated: 16 days ago
Data Source: NTREIS MLS, MLS# 21270346
Details provided by NTREIS and may not match the public record
Last Updated: 16 days ago
Data Source: NTREIS MLS, MLS# 21270346
Details provided by NTREIS and may not match the public record
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