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

    01 PR 5401 Malakoff, TX 75148

    View on Map
    For Sale
    $114,900

    Acreage W/O Res - Malakoff, TX

    Property size:
    700 SF
    Lot size:
    5.22 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    37
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 01 PR 5401

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Workshop
    Patio and Porch features
    Patio
    Exterior features
    Patio, Show Barn(s)
    Standard status
    Active
    APN
    4329.0000.025A.60
    Size
    700 SF
    Lot size
    5.22 Acres

    Building Details

    Year built
    2023
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Bud Fletcher

    Listing agent Bud Fletcher

    Listing office Bud Fletcher Realty 11743 pr 5203, ATHENS, TX

    Listing date Feb 23, 2026

    MLS# 108755 Listing URL

    Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Malakoff Acreage with New Barn

    This property features 5.22 acres of land in a rural setting, enhanced by a new barn. The land is populated with mature oak and hardwood trees, offering privacy and attracting wildlife. There are no restrictions on the land use. Located a short distance from one of the largest lakes in Texas, this property in Malakoff, Texas, offers potential for various uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Malakoff
    County
    Henderson
    State
    Texas
    Longitude
    -95.9849
    Latitude
    32.115

    Nearby Similar for Sale

    • $1,300,000

      Highway Frontage Commercial Property

      Large commercial property on 3.69 acres with highway frontage.
      11251 State Highway 31 W, Malakoff, TX 75148
      View Details
    • $850,000

      Waterfront Cottage with Acreage Potential

      3.4 acres with waterfront, boathouse, and development potential.
      6001 Melba Dr, Malakoff, TX 75148
      View Details
    • $125,000

      Stand Alone Building on Highway

      Stand alone building on high traffic main Hwy 31.
      505 E Royall Boulevard, Malakoff, TX 75148
      View Details
    • $299,000

      Turn-Key Restaurant in Growing Community

      Restaurant and catering business with retail space in thriving Malakoff.
      213 S Terry Street, Malakoff, TX 75148
      View Details
    • $75,000

      Downtown Malakoff Office Ready

      Blank space ready for enterprise in historical downtown Malakoff.
      107 W Main Street, Malakoff, TX 75148
      View Details
    • $360,000

      Recreational Land Near Cedar Creek Lake

      13-acre property near Cedar Creek Lake with diverse recreational features.
      6075 County Road 1411, Malakoff, TX 75148
      View Details
    • $175,000

      Historic Corner Building in Malakoff

      Antique brick building in downtown Malakoff near Cedar Creek Lake.
      207 S Terry Street, Malakoff, TX 75148
      View Details
    • $995,000

      Lakefront Land in Long Cove

      0.6 acre lakefront homesite with community dock access.
      13110 Sunrise Circle, Malakoff, TX 75148
      View Details
    • $149,000
      1,681 SF

      Commercial Land in Downtown Malakoff

      Commercial land with dual frontage in downtown Malakoff, Texas.
      407 E Royall Blvd, Malakoff, TX 75148
      View Details
    • $78,500

      Malakoff, TX Unimproved Land

      3.8-acre property offers space, privacy, and flexibility.
      0 S Pennsylvania Street, Malakoff, TX 75148
      View Details
    • $800,000

      Waterfront Land in Gated Community

      Secluded 4-acre waterfront property with boathouse and utilities.
      14192 Ridge Lane, Malakoff, TX 75148
      View Details
    • $541,225

      Waterfront Land in Emerald Bay

      Exclusive waterfront homesite in a luxury lakeside community.
      0 Amethyst Court, Malakoff, TX 75148
      View Details

    FAQs

    What type of property is this?
    Land - 5+ acres with new barn near large Texas lake.
    Where is this land located?
    The property is located at 01 PR 5401 Malakoff, TX.
    What is the asking price?
    The asking price for this property is $114,900.
    What are key features of this property?
    This property features: Owner financing available; **5 Acres of Land with No Restrictions**; **Brand New Barn**
    (903) 681-4571
    We can help!
    Listing Contact
    Bud Fletcher
    Real Estate License ID: 0565895
    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!