Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Golf Course Home Near Lake Title is generated by Realmo AI

    211 Watchhill Road, Brookeland, TX 75931

    View on Map
    Claim this Listing
    For Sale
    $575,000

    MULTI_FAMILY - Brookeland, TX

    Property size:
    2,860 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $201/SF
    Added:
    Oct 1, 2025
    Days on Market:
    241
    Last Refresh:
    May 29 at 6:06 pm

    Property Features for 211 Watchhill Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
    Interior features
    Smoke Detectors, Ceiling Fan(s), Breakfast Bar, Kitchen Island, Pantry, Blinds, Bookcases, Open Floorplan
    Exterior features
    Golf Course Frontage
    Fireplace
    1
    Appliances
    Dryer, Freezer, Microwave, TV, Washer
    Standard status
    Active
    Size
    2,860 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1977
    Flooring type
    Carpet, Tile
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Michele Slaughter

    Listing agent Michele Slaughter

    Listing office Texas Realty Dream Homes 920 N. Wheeler St, Jasper, TX

    Listing date Oct 1, 2025

    MLS# 65106652 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.

    HighLights

    • Golf course frontage with breathtaking fairway views
    • Minutes from Lake Sam Rayburn's boating, fishing, and recreation
    • Features 3 bedrooms and 3 full bathrooms
    • Spacious 2‑car garage
    • Open‑concept living area and large kitchen with modern appliances
    • Primary suite with ensuite bath and walk‑in closet

    Overview

    This property is a 3-bedroom, 3-bath home situated on the Lake Sam Rayburn Golf Course. It features a 2-car garage and modern finishes. The home offers views of the fairway. The open-concept living area is suited for entertaining. The kitchen includes modern appliances and counter space. The primary suite features an ensuite bath and walk-in closet. Outdoor living space is available. The property is located minutes from Lake Sam Rayburn, offering boating, fishing, and recreation. It is located in a neighborhood with resort-style living and provides access to nearby dining, shopping, and outdoor activities. The property contains 2,860 square feet of living space and sits on a 0.5-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Hotel & Motel HVAC Service Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookeland
    County
    Jasper
    State
    Texas
    Longitude
    -94.0203774
    Latitude
    31.0655937

    Nearby Similar for Sale

    • $749,000
      1,500 SF

      Office and Storage Unit Complex

      Office complex with storage units near Lake Sam Rayburn.
      3555 Sam Rayburn Pkwy, Brookeland, TX 75951
      View Details
    • $350,000

      Income-Producing RV Park Near Mill Creek

      New RV park with 15 full hook-up sites near lake.
      370 Spur 165, Brookeland, TX 75931
      View Details

    FAQs

    What type of property is this?
    Single family property - Three-bedroom home on Lake Sam Rayburn golf course.
    Where is this single family property located?
    The property is located at 211 Watchhill Road Brookeland, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Golf course frontage with breathtaking fairway views; Minutes from Lake Sam Rayburn's boating, fishing, and recreation; Features 3 bedrooms and 3 full bathrooms
    (409) 474-1996
    We can help!
    Listing Contact
    Michele Slaughter
    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

    Thank You for Inquiry
    211 Watchhill Road, Brookeland, TX 75931
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!