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

    17931 Gordons Landing Arp, TX 75750

    View on Map
    For Sale
    $245,000

    Residential - Arp, TX

    Type:Single Family Residence
    Lot size:
    0.79 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    42
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for 17931 Gordons Landing

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.79 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1846.91

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rebecca Burks
    Rebecca Burks

    Listing agent Rebecca Burks License #0271366

    Listing office RE/MAX Professionals 1698 W Grande, Tyler, TX

    Listing date Feb 19, 2026

    MLS# 25018038 Listing URL

    Copyright © 2026 Greater Tyler Association 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

    Waterfront Lot in Gated Community

    This 0.793-acre waterfront lot is located in the gated Gordon’s Landing community on Lake Tyler East. The property offers direct water frontage, suitable for a future lakefront home or private retreat. It is located minutes from Whitehouse and Tyler, providing access to shopping, dining, and everyday necessities. The lot allows space to design and build a custom home and outdoor entertaining areas. The sellers have a set of approximately 2,600-square-foot house plans along with site plans that will be included with the purchase. This waterfront property offers privacy, convenience, and scenic beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Arp
    County
    Smith
    State
    Texas
    Longitude
    -95.107544
    Latitude
    32.230434

    Nearby Similar for Sale

    • $577,500

      Unrestricted Acreage in Arp, Texas

      Large, unrestricted East Texas acreage suitable for various uses.
      21360 County Road 294, Arp, TX 75750
      View Details
    • $155,000

      Waterfront Lot on Lake Tyler

      1.122 acre waterfront lot with 93 ft shoreline.
      17961 Gordons landing rd, Arp, TX 75750
      View Details
    • $30,000

      Partially Wooded Residential Lot

      2.021-acre lot in Arp, TX, ready for building.
      222 S Main Street, Arp, TX 75750
      View Details
    • $59,000

      Cleared Acreage with No Restrictions

      1.7 acres of cleared land near Arp, Texas.
      19874 FM 345, Arp, TX 75750
      View Details
    • $149,000

      Waterfront Lot in Gated Community

      One-acre waterfront lot in a prestigious, gated community.
      14216 East Ridge Road, Arp, TX 75750
      View Details
    • $144,900

      10 Acres Wooded Land in Arp

      10 acre wooded property in Smith County near Tyler, TX.
      0 FM 850, Arp, TX 75750
      View Details
    • $299,980

      26.988 Acres East Texas Land

      26.988 acres near Arp, TX with road frontage.
      23791 Hwy 64E, Arp, TX 75750
      View Details
    • $150,000

      Versatile Acreage Near Arp, Texas

      Unrestricted 5-acre tract ideal for building or small-scale farming.
      22401 CR 2290, Arp, TX 75750
      View Details
    • $325,000

      Arp, TX Rural Acreage

      28 acres of partially cleared land with building sites.
      18242 C R 2281, Arp, TX 75750
      View Details
    • $47,000

      Acre of Cleared Land

      One acre of unrestricted, mostly cleared land in Arp, Texas.
      TBD FM 345, Arp, TX 75750
      View Details
    • $1,000,000

      Arp, TX Acreage Opportunity

      166+ acre property with pasture and wooded areas in Arp.
      14546 Cr 247, Arp, TX 75750
      View Details
    • $1,000,000

      166+ Acres of Texas Land

      Sprawling pasture and lush woods in Arp, Texas.
      14546 CR 247, Arp, TX 75750
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.793-acre waterfront lot on Lake Tyler East.
    Where is this residential land & home lot located?
    The property is located at 17931 Gordons Landing Arp, TX.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Direct waterfront lot on Lake Tyler East.; Located in the gated Gordon’s Landing community, offering privacy and security.; Large .793‑acre lot allows for custom home design.
    (903) 521-3902
    We can help!
    Listing Contact
    Rebecca Burks
    Rebecca Burks
    Real Estate License ID: 0271366
    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!