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

    165 Lake Ridge Road Tuscola, TX 79562

    View on Map
    For Sale
    $74,999

    Unimproved Land - Tuscola, TX

    Type:Unimproved Land
    Lot size:
    1.06 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 1 at 10:06 am

    Property Features for 165 Lake Ridge Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    102141
    Lot size
    1.06 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joel Hinckley

    Listing agent Joel Hinckley License #0727817

    Listing office PlatLabs, LLC 30005 Ladyface Court, Heber City, TX

    Listing date Mar 25, 2026

    MLS# 21218501 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acre Lot in Canyons Subdivision

    This vacant lot presents an opportunity for building a home or making an investment. Located in Canyons Subdivision, the property includes 1.063 acres of partially wooded terrain. Public water is available, and a septic system is required. The location offers a peaceful setting with convenient access to shopping, dining, schools, and major highways, facilitating access to city amenities. This lot is suitable for a private retreat, a development opportunity, or a long-term investment. The listing is for land only and is offered As Is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Kitchen & Bath Showroom Bed & Breakfast Plumbing Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscola
    County
    Taylor
    State
    Texas
    Longitude
    -99.7837316
    Latitude
    32.2709245

    Nearby Similar for Sale

    • $782,726

      Tuscola Commercial Land on Highway

      8.5-acre commercial lot with highway frontage in Tuscola, TX.
      4142 Highway 83, Tuscola, TX 79562
      View Details
    • $595,000

      Industrial Property in Tuscola, TX

      Industrial property for sale in Tuscola, Texas.
      833 Garza Avenue, Tuscola, TX 79562
      View Details
    • $478,400

      Tuscola, TX Commercial Land

      Prime commercial property with highway frontage near Jim Ned High.
      Tbd Highway 83, Tuscola, TX 79562
      View Details
    • $535,000
      2,652 SF

      Texas Ranch with Guest House

      Ranch home with guest house on 10.1 acres.
      317 County Road 278, Tuscola, TX 79562
      View Details
    • $275,000

      Tuscola Office/Nursery Business Opportunity

      2.2-acre property with 1,200 sqft building near Jim Ned School.
      133 County Road 128, Tuscola, TX 79562
      View Details
    • $195,000

      Tuscola Development Land Opportunity

      2.35 acre development tract with multiple site plan approvals.
      212 County Road 160, Tuscola, TX 79562
      View Details
    • $224,500

      Tuscola Land with Water Well

      14.91 acres in Tuscola, TX with water well.
      195 Siesta Lane, Tuscola, TX 79562
      View Details
    • $114,000

      Land on Steamboat Mountain

      2+ acre lot with mountain views and improvements.
      226 Cedar Creek Ranch Trail, Tuscola, TX 79562
      View Details
    • $253,000

      Steamboat Mountain Land with Views

      Over 5 acres of land with West Texas views.
      226 & 242 Cedar Creek Ranch Trail, Tuscola, TX 79562
      View Details
    • $69,900

      Land Near Buffalo Gap

      1.47 acres near Buffalo Gap with utilities on site.
      482 County Road 151, Tuscola, TX 79562
      View Details
    • $200,000

      Undeveloped Land in Growing Area

      Commercial land for sale in Tuscola, strong visibility and access.
      4141 Highway 83, Tuscola, TX 79562
      View Details
    • $139,000

      Land on Steamboat Mountain

      3+ acre lot with views for custom home building.
      242 Cedar Creek Ranch Trail, Tuscola, TX 79562
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in Tuscola, TX, ideal for building.
    Where is this residential land & home lot located?
    The property is located at 165 Lake Ridge Road Tuscola, TX.
    What is the asking price?
    The asking price for this property is $74,999.
    What are key features of this property?
    This property features: Large 1‑acre lot provides ample space for building and customization.; Conveniently located near shopping, dining, schools, and major highways for easy access to city amenities.; Partially wooded terrain offers a peaceful and private setting.
    (513) 653-3427
    We can help!
    Listing Contact
    Joel Hinckley
    Real Estate License ID: 0727817
    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!