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

    2 Cr 258 Jasper, TX 75951

    Sponsored
    For Sale
    $202,500

    Unimproved Land - Jasper, TX

    Type:Unimproved Land
    Lot size:
    27.00 Acres
    Days on Market:
    220
    Last Refresh:
    Mar 4 at 8:06 pm

    Property Features for 2 Cr 258

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    11255
    Lot size
    27.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Andy Flack
    Andy Flack

    HomeLand Properties, Inc. (800) 246-2500

    Listing agent Andy Flack (936) 295-2500 License #0344465

    Listing date Jul 28, 2025

    MLS# 20697455 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.

    Learn more

    Overview

    27 Acres of Land in Jasper

    This is a 27-acre tract of unimproved land located north of Jasper, Texas, in Jasper County. The property is situated very close to US 96 and fronts a paved, county-maintained road with low traffic. The land features a thinned pine plantation with scattered hardwoods and rolling topography over loamy type soils. This is a first-time open market offering.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Discount Store Pet Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Jasper
    State
    Texas
    Longitude
    -93.982628
    Latitude
    30.97313

    Nearby Similar for Sale

    • $349,000
      5,000 SF

      Jasper Office and Warehouse Space

      Office and warehouse space with high traffic location.
      625 W Houston St, Jasper, TX 75951
      View Details
    • New
      $494,000
      7,600 SF

      Retail Building with Additional Structures

      Commercial property featuring retail space, warehouse, and residential rentals.
      1855 S Wheeler St, Jasper, TX 75951
      View Details
    • $599,000
      14,816 SF

      Downtown Jasper Commercial Office Building

      Commercial/professional building in downtown Jasper with tenants in place.
      109 Water St, Jasper, TX 75951
      View Details
    • $349,000
      0.51 Acres

      Corner Lot with Warehouse

      High-traffic location with warehouse and office space in Jasper, TX.
      625 W Houston St, Jasper, TX 75951
      View Details
    • $220,000
      1,500 SF

      Retail Property on State Hwy 190

      Versatile retail space with excellent visibility and accessibility.
      202 W Gibson St, Jasper, TX 75951
      View Details
    • $320,000
      11,616 SF

      Commercial Building with Highway Frontage

      Commercial building with office, showroom, and warehouse space for sale.
      4190 Us Highway 96 N, Jasper, TX 75951
      View Details
    • $220,000
      1,500 SF

      Retail Property on State Hwy 190

      Versatile retail space with high visibility and accessibility.
      202 W Gibson St, Jasper, TX 75951
      View Details
    • New
      $99,000
      7,000 SF

      Jasper Warehouse with Retail Space

      Mixed-use property featuring retail and warehouse space in Jasper, TX.
      132 S Austin St, Jasper, TX 75951
      View Details
    • New
      $189,000
      1,696 SF

      Downtown Jasper Retail/Office Building

      Craftsman-style building suitable for retail or office use.
      308 E Lamar St, Jasper, TX 75951
      View Details
    • $179,000
      1,978 SF

      Converted Office Space For Sale

      Arts and Crafts style office space in Jasper, Texas.
      342 E Milam St, Jasper, TX 75951
      View Details
    • $375,000
      6,209 SF

      Two Warehouse Buildings in Jasper

      Two warehouse buildings with office space and parking.
      1835 Fletcher St, Jasper, TX 75951
      View Details
    • $199,000
      800 SF

      Warehouse with Highway Frontage

      Commercial warehouse property with highway frontage in Jasper, Texas.
      300 W Gibson St, Jasper, TX 75951
      View Details

    FAQs

    What type of property is this?
    Land - 27 acres of unimproved land near US 96 in Jasper, TX.
    Where is this land located?
    The property is located at 2 Cr 258 Jasper, TX.
    What is the asking price?
    The asking price for this property is $202,500.
    What are key features of this property?
    This property features: - Rare opportunity: First time offered on the open market.; - Prime location: North of Jasper, TX in Jasper County.; - Excellent access: Frontage on a paved, county-maintained road near US 96.
    (936) 295-2500
    Request Owner's contact information
    2 Cr 258 Jasper, TX 75951
    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.
    2 Cr 258
    Jasper, TX 75951
    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
    2 Cr 258 Jasper, TX 75951
    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

    We can help!
    Listing Contact
    Andy Flack
    Andy Flack
    Real Estate License ID: 0344465
    (936) 295-2500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!