Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    001 Marion Drive Crockett, TX 75835

    View on Map
    Claim this Listing
    Pending
    $34,900

    Land/Acreage - Crockett, TX

    Lot size:
    12.50 Acres
    Added:
    Feb 5, 2025
    Days on Market:
    429
    Last Refresh:
    Apr 10 at 4:06 am

    Property Features for 001 Marion Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Na Not Applicable
    Standard status
    Pending
    Lot size
    12.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    April Word

    Listing agent April Word

    Listing office Southeast Texas 1st Realty 8745 Eastex Freeway, Beaumont, TX

    Listing date Feb 5, 2025

    MLS# 65103440 Listing URL

    Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Crockett, TX Acreage For Sale

    Located in Texas, this 12.5-acre property features an abundance of trees and wildlife. The land offers various possibilities for use. Access to the property will require an easement to be granted by neighboring property owners.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Crockett
    County
    Houston
    State
    Texas
    Longitude
    -95.4821
    Latitude
    31.2828

    Nearby Similar for Sale

    • $359,000
      3,929 SF

      CROCKETT Commercial Property For Sale

      Commercial property in downtown business area with high traffic.
      307 E Goliad, CROCKETT, TX 75835
      View Details
    • $450,000
      2,994 SF

      Crockett Ranch with Acreage

      19.9-acre ranch featuring a 2,994 sq. ft. home.
      888 State Highway 21 E, Crockett, TX 75835
      View Details
    • $170,000

      Prime Commercial Land in Crockett

      High-visibility commercial land near downtown Crockett, Texas.
      201 E Houston Avenue, Crockett, TX 75835
      View Details
    • $1,400,000
      12,125 SF

      Turn-Key Medical Center in Crockett

      Expansive medical center with advanced operating rooms and ample parking.
      200 Renaissance Way, Crockett, TX 75835
      View Details
    • $125,000

      Prime Commercial Lot in Crockett

      0.29-acre corner lot in historic downtown Crockett, Texas.
      200 E Goliad Avenue, Crockett, TX 75835
      View Details
    • $349,000
      1,216 SF

      CROCKETT Farmhouse on 15 Acres

      Farmhouse on 15 acres with barns and pond.
      11361 E State Highway 21, CROCKETT, TX 75835
      View Details
    • $1,600,000

      Crockett Ranch Ready for Cattle

      206.95 acre ranch, cattle-ready with home and improvements.
      596 CR 3057, Crockett, TX 75835
      View Details
    • $389,500
      4,400 SF

      Historic Crockett Office Building

      4400 sq ft mixed-use building in historic downtown Crockett.
      519/521 E Goliad, CROCKETT, TX 75801
      View Details
    • $425,000
      4,965 SF

      Turn-Key Bar/Restaurant/Venue in Crockett, TX

      Versatile commercial space with bar, seating, dance floor, and patio.
      229 East Goliad Avenue, Crockett, TX 75835
      View Details
    • $399,000
      11,495 SF

      Versatile Commercial Building in Crockett, TX

      Three-story commercial building with retail and office/residential potential.
      513 East Houston Avenue, Crockett, TX 75835
      View Details
    • $650,000
      2,500 SF

      New Commercial Building on Highway

      Newly constructed commercial building in high-traffic location, completed in 2023.
      2108 N 4th Street, Crockett, TX 75835
      View Details
    • $10,500

      Residential Lot in Crockett, Texas

      Residential lot available for building a dream home.
      Lot #136 JB McDuff Drive, Crockett, TX 75835
      View Details

    FAQs

    What type of property is this?
    Land - 12.5 acres of land with abundant trees and wildlife.
    Where is this land located?
    The property is located at 001 Marion Drive Crockett, TX.
    What is the asking price?
    The asking price for this property is $34,900.
    What are key features of this property?
    This property features: Beautiful acreage with an abundance of trees and wildlife.; Deep in the heart of Texas.; Great place with endless possibilities.
    (713) 419-1353
    We can help!
    Listing Contact
    April Word
    Real Estate License ID: 0498604
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!