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    For Sale (38)

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    Residential Land in Golf Community
    $95,000
    0.60 Acres

    Residential Land in Golf Community

    0.6-acre homesite in Pinnacle Golf Club, Mabank, TX.

    106 Bay Tree Trl, Mabank, TX 75156
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    141+ Acre Ag-Exempt Land
    $1,999,999
    141.87 Acres

    141+ Acre Ag-Exempt Land

    Exceptional property suited for recreation, investment, or private retreat.

    Vzcr 1256, Eustace, TX 75124
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    Prime Commercial Land in Athens
    $575,000
    8.82 Acres

    Prime Commercial Land in Athens

    8+ acre commercial land near downtown Athens and Walmart.

    504 Wood St, Athens, TX 75751
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    Turn-Key Restaurant in Growing Community
    $299,000
    2,500 SF

    Turn-Key Restaurant in Growing Community

    Restaurant and catering business with retail space in thriving Malakoff.

    213 S Terry St, Malakoff, TX 75148
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    Residential Lot Near Cedar Creek
    $50,000
    0.36 Acres

    Residential Lot Near Cedar Creek

    Unimproved residential lot near Hwy 175 and Cedar Creek Lake.

    2408 Abigail Ln, Mabank, TX 75147
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    Land For Sale in Mabank
    $65,000
    0.83 Acres

    Land For Sale in Mabank

    Unimproved land available in Mabank, Texas.

    402 Andrew Dr W, Mabank, TX 75147
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    51.73 Acres of Farmland
    $1,095,000
    51.73 Acres

    51.73 Acres of Farmland

    Ag exempt land near Mabank and Canton, TX.

    St Hwy 198 Hwy, Canton, TX 75103
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    Eastland, TX Raw Land Retreat
    $111,000
    8.44 Acres

    Eastland, TX Raw Land Retreat

    8.44 acres of raw land, ideal for recreation and hunting.

    N Virginia St, Eastland, TX 76448
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    Corner Lot in Golf Community
    $65,000
    0.48 Acres

    Corner Lot in Golf Community

    Large corner lot in gated golf community near Cedar Creek Lake.

    St Andrews Dr, Mabank, TX 75156
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    Waters Edge Ranch Unimproved Land
    $55,000
    1.08 Acres

    Waters Edge Ranch Unimproved Land

    1.3-acre lot in gated community near Athens, Texas.

    Tbd Pne Vw Ct, Athens, TX 75752
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    Waters Edge Ranch Unimproved Land
    $65,000
    1.29 Acres

    Waters Edge Ranch Unimproved Land

    1.3-acre lot in gated community near Athens, TX.

    Tbd Water Vw Ct, Athens, TX 75752
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    Waterfront Land with Solar Power
    $189,000
    0.54 Acres

    Waterfront Land with Solar Power

    Waterfront land with solar-powered shop, ready for RV or home.

    716 Lakeshore Dr, Seven Points, TX 75143
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    Waterfront Land Near Golf Course
    $159,000
    0.37 Acres

    Waterfront Land Near Golf Course

    Wooded waterfront lot with lake views and golf course proximity.

    Shoreline Cir, Malakoff, TX 75148
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    Cleared Land Near Pinnacle Golf
    $1,225,000
    49.12 Acres

    Cleared Land Near Pinnacle Golf

    49.12 acres with road frontage suitable for multiple uses.

    Clear Creek Rd, Mabank, TX 75156
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    Eustace Ranch with Hay Production
    $244,950
    19.50 Acres

    Eustace Ranch with Hay Production

    Approximately 20-acre ranch tract with elevated home site potential.

    Tbd Fm 316 N, Eustace, TX 75124
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    20 Acre Coastal Pasture Land
    $460,000
    20.00 Acres

    20 Acre Coastal Pasture Land

    Ag-exempt land with mature trees and ponds near Hwy 274.

    County Road 4059, Kemp, TX 75143
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    Unrestricted Land in Kemp, Texas
    $717,115
    49.14 Acres

    Unrestricted Land in Kemp, Texas

    49+ acres of unrestricted land with mature trees.

    Cr-4056, Kemp, TX 75143
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    Land Near Cedar Creek Lake
    $59,500
    0.62 Acres

    Land Near Cedar Creek Lake

    Four lots in established community with lake access.

    Bounding Main St, Gun Barrel City, TX 75156
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    Land For Sale in Mabank
    $50,000
    0.36 Acres

    Land For Sale in Mabank

    Unimproved land available in Mabank, Texas.

    2406 Abigail Ln, Mabank, TX 75147
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    Level Corner Lot in Athens
    $78,000
    2.03 Acres

    Level Corner Lot in Athens

    Two+ acre corner lot ready for construction in Water's Edge.

    173 Lago Vista Dr, Athens, TX 75751
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    Secluded Land in Chandler, TX
    $274,900
    17.00 Acres

    Secluded Land in Chandler, TX

    Unimproved 17-acre land parcel, ready for development.

    Tbd Vz County Rd 4815, Chandler, TX 75758
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    Land in Waters Edge Ranch
    $75,000
    2.84 Acres

    Land in Waters Edge Ranch

    Unimproved land in a lakeside community near Athens, Texas.

    6105 Over Look Pt, Athens, TX 75752
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    Waterfront Land Ready to Build
    $299,000
    0.29 Acres

    Waterfront Land Ready to Build

    Waterfront lot with cove view, ready for lake home.

    160 Aztec Dr, Mabank, TX 75156
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    8.22 Acres in Mabank, TX
    $275,000
    8.22 Acres

    8.22 Acres in Mabank, TX

    8.22 acres with pond, creek, shop, and fencing.

    600 Barnes Rd, Mabank, TX 75147
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    Waters Edge Ranch Land Opportunity
    $99,950
    2.30 Acres

    Waters Edge Ranch Land Opportunity

    2.3 acre lot in gated community near Athens, Texas.

    226 Wildlife Way, Athens, TX 75752
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    Renovated Duplex in Dallas, TX
    $530,000
    0.22 Acres

    Renovated Duplex in Dallas, TX

    Fully renovated duplex with modern finishes and private yards.

    11353 Quail Run St, Dallas, TX 75238
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    Unrestricted Land in Kemp, Texas
    $340,000
    24.00 Acres

    Unrestricted Land in Kemp, Texas

    24 acres of unrestricted land with mature trees.

    Cr 4056, Kemp, TX 75143
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    Prime Land on Hwy 198
    $500,000
    2.43 Acres

    Prime Land on Hwy 198

    2.43 acres on Hwy 198, Payne Springs, TX.

    8200 Clear Creek Rd, Mabank, TX 75156
    View details
    Eustace, TX Land Opportunity
    $150,000
    2.82 Acres

    Eustace, TX Land Opportunity

    2.82 acre lot near Cedar Creek Lake.

    000 Lance Ln, Eustace, TX 75124
    View details
    Waterfront Land in Gated Community
    $800,000
    4.00 Acres

    Waterfront Land in Gated Community

    Secluded 4-acre waterfront property with boathouse and utilities.

    14192 Ridge Ln, Malakoff, TX 75148
    View details
    30.4 Acres Near Cedar Creek Lake
    $489,000
    30.40 Acres

    30.4 Acres Near Cedar Creek Lake

    30.4 acres near Cedar Creek Lake, one hour from Dallas.

    County Rd 2104, Kemp, TX 75143
    View details
    Residential Land in Gated Community
    $84,500
    1.11 Acres

    Residential Land in Gated Community

    1.1 acre lot in Waters Edge Ranch near Athens, TX.

    272 High Point Ct, Athens, TX 75752
    View details
    Waterfront Land in Gated Community
    $299,000
    1.50 Acres

    Waterfront Land in Gated Community

    1.5-acre waterfront lot with open-water views and private boat slip.

    49 Stillwater Shr Rd, Corsicana, TX 75109
    View details
    Waterfront Land with Bunk House
    $89,500
    0.38 Acres

    Waterfront Land with Bunk House

    Waterfront lots with bunk house, RV carport, and dock.

    108 Cottonwood Ln, Murchison, TX 75778
    View details
    Land in White Bluff Resort
    $40,000
    0.28 Acres

    Land in White Bluff Resort

    Unimproved land in White Bluff Resort Community with many amenities.

    21051 Hill Terrace Ct, Whitney, TX 76692
    View details
    51 Acres of Hunting Land
    $399,950
    51.54 Acres

    51 Acres of Hunting Land

    51 acre tract near Long Lake community, hunt-ready or build.

    000 An County Road 2915, Palestine, TX 75803
    View details
    Waterfront Lot with Dock
    $399,000

    Waterfront Lot with Dock

    Waterfront lot featuring dock, seawall, and utilities.

    16011 Saint Paul Dr, Malakoff, TX 75148
    View details
    Athens Commercial Land For Sale
    $575,000
    384,155 SF

    Athens Commercial Land For Sale

    8+ acre commercial property near downtown Athens and Walmart.

    504 Wood St, Athens, TX 75751
    View details

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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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