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

    02 CR 2178 Burkeville, TX 75932

    View on Map
    Claim this Listing
    For Sale
    $195,000

    Lots - Burkeville, TX

    Lot size:
    1.00 Acre
    Added:
    Mar 5, 2024
    Days on Market:
    766
    Last Refresh:
    Apr 10 at 3:06 am

    Property Features for 02 CR 2178

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Zack Osment

    Listing agent Zack Osment

    Listing office Toledo Bend Properties 9901 State Hwy 87 South, Hemphill, TX

    Listing date Mar 5, 2024

    MLS# 64209758 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

    Lakefront Lot in Eagles Landing

    Located within Eagles Landing Estates, an upscale lakefront subdivision on Toledo Bend Lake, this property offers open-water views and natural seclusion, bordered by the Sabine National Forest. This restricted lakefront lot is approximately 1 acre, providing space and privacy to design a primary residence, second home, or investment property. Underground electric is already in place, making the property build-ready. The lot features a gentle slope that enhances lake views and eliminates the need for retaining walls, potentially saving construction time and money. Eagles Landing Estates combines nature, water, and refined lakefront living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Burkeville
    County
    Newton
    State
    Texas
    Longitude
    -93.6507856
    Latitude
    30.9849686

    Nearby Similar for Sale

    • $175,000

      South Toledo Bend Lake Lots

      Cleared 3.7 acre lots near Toledo Bend Lake.
      Lots 50-55 Plum, Burkeville, TX 75932
      View Details
    • $110,000

      Toledo Bend Cove View Lots

      Scenic unrestricted lots overlooking Toledo Bend with home.
      302 Eagle Lane, Burkeville, TX 75932
      View Details
    • $95,000

      Waterfront Lot on Toledo Bend

      Wooded waterfront lot on South Toledo Bend Lake.
      375 S Evergreen Drive, Burkeville, TX 75930
      View Details
    • $79,500

      Versatile Acreage with Highway Frontage

      Partially wooded land with highway frontage, ideal for various uses.
      615 East Hwy 63, Burkeville, TX 75932
      View Details
    • $51,720

      Secluded Woodland Acreage Near Reservoirs

      6.014 acres of woodland near Toledo Bend Reservoir.
      1080 CR 2133, Burkeville, TX 75932
      View Details
    • $51,600

      Secluded Wooded Acreage Near Reservoir

      6 acres of wooded land near Toledo Bend Reservoir.
      1070 CR 2133, Burkeville, TX 75932
      View Details
    • $53,595

      Burkeville Land Near Toledo Bend

      6.232 acres near Toledo Bend Reservoir and Sam Rayburn.
      1090 CR 2133, Burkeville, TX 75932
      View Details
    • $179,000

      Waterfront Corner Lots on Toledo

      Two waterfront corner lots in Hickory Hill, Burkeville, TX.
      615 Hickory Hill Drive, Burkeville, TX 75932
      View Details
    • $210,000

      Lakefront Lot in Eagles Landing

      Upscale 1-acre lakefront lot on Toledo Bend Lake.
      03 CR 2178, Burkeville, TX 75932
      View Details
    • $225,000

      Lakefront Lot in Eagles Landing

      Upscale 1-acre lakefront lot on Toledo Bend Lake.
      05 CR 2178, Burkeville, TX 75932
      View Details
    • $175,000

      Lakefront Lot in Eagles Landing

      Upscale 1-acre lakefront lot on Toledo Bend Lake.
      01 CR 2178, Burkeville, TX 75932
      View Details
    • $225,000

      Lakefront Lot in Eagles Landing

      Upscale 1-acre lakefront lot on Toledo Bend Lake.
      06 CR 2178, Burkeville, TX 75932
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Upscale 1-acre lakefront lot on Toledo Bend Lake.
    Where is this residential land & home lot located?
    The property is located at 02 CR 2178 Burkeville, TX.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Lakefront lot on Toledo Bend Lake, a premier fishing and boating destination; Upscale, exclusive community with open‑water views and natural seclusion; Approximately 1 acre, providing space, privacy
    (409) 527-0008
    We can help!
    Listing Contact
    Zack Osment
    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!