Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23 Southfield Trl Lovelady, TX 75851

    Sponsored
    For Sale
    $139,000

    Land/Acreage - Lovelady, TX

    Lot size:
    10.01 Acres
    Days on Market:
    142
    Last Refresh:
    Feb 4 at 5:06 am

    Property Features for 23 Southfield Trl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Nac Sf1 Single Fam 1
    Lot size
    10.01 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy Lawrence
    Nancy Lawrence

    Lawrence Realty (936) 544-4747

    Listing agent Nancy Lawrence (936) 544-4747

    Listing date Sep 16, 2025

    MLS# 22501632 Listing URL

    Copyright © 2026 Nacogdoches Board 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.

    Learn more

    Overview

    Lovelady, TX 10-Acre Land Tract

    Located in the rural countryside of Lovelady, Texas, this 10.01-acre tract is situated in the Southfield Ranch subdivision. The property offers accessibility to Huntsville, TX, and I-45. The subdivision has light-deed restrictions. Electricity is available at the front of the acreage, and a water well will need to be added for water supply. The property is zoned Sf1 Single Fam 1.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lovelady
    County
    Houston
    State
    Texas
    Longitude
    -95.565477841772
    Latitude
    31.073481192095

    Nearby Similar for Sale

    • $2,699,000

      Spacious Home on 200+ Acres

      Four-bedroom home on 200.61 acres, ideal for livestock.
      2421 Fm 1280 W, Lovelady, TX 75851
      View Details
    • $760,000

      Lovelady Home with Fenced Acreage

      Three-bedroom home on fenced acreage with barns and pond.
      1914 County Road 3610, Lovelady, TX 75851
      View Details
    • $2,100,000

      Lovelady Ranch with Highway Access

      147-acre ranch with lake, home, and highway access.
      14560 State Highway 19 S, Lovelady, TX 75851
      View Details
    • $395,000

      Spacious Country Home on Acreage

      24+ acre property with home, shop, pastures, and ponds.
      4818 County Road 3610, Lovelady, TX 75851
      View Details
    • $450,000

      Open-Range Property with Modern Comfort

      Remodeled home on open-range property, ideal for serene living.
      5550 Fm 230, Lovelady, TX 75851
      View Details
    • $440,000

      29.68 Acres Country Living Opportunity

      29.68 acres property with 3-bedroom house and additional buildings.
      382 Sawmill Dr, Lovelady, TX 75851
      View Details
    • $720,000

      Ag-Exempt Land with Home

      38.87 acres with home, barns, pond, and agricultural potential.
      2199 Fm 2915, Lovelady, TX 75851
      View Details
    • $1,300,000

      91.11 Acre Estate For Sale

      91.11 acre estate with a one-story home and pond.
      6161 County Road 3385, Lovelady, TX 75851
      View Details
    • $498,726

      Farm/Ranch with Pasture and Ponds

      Farm/Ranch featuring pasture, ponds, farmhouse, and barn.
      1 County Road 3630, Lovelady, TX 75851
      View Details
    • $109,000

      10-Acre Tract in Lone Star

      10-acre tract with dual frontage in Lone Star Ridge.
      572 Robertson Rd, Lovelady, TX 75851
      View Details
    • $1,900,000

      260 Acres of Pasture Land

      Pasture land with ponds, pens, and hog-proof fencing.
      6488 County Road 3555, Lovelady, TX 75851
      View Details
    • $263,500

      Pastureland and Mixed Pine Property

      31 acre fenced property with pasture, woods, and utilities.
      1 County Road 3575, Lovelady, TX 75851
      View Details

    FAQs

    What type of property is this?
    Land - 10-acre land tract in Southfield Ranch, Lovelady, Texas.
    Where is this land located?
    The property is located at 23 Southfield Trl Lovelady, TX.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - 10-acre tract in Southfield Ranch subdivision.; - Easy access to Huntsville, TX and I-45.; - Peaceful rural setting in Lovelady, Texas.
    (936) 546-4182
    Request Owner's contact information
    23 Southfield Trl Lovelady, TX 75851
    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.
    23 Southfield Trl
    Lovelady, TX 75851
    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
    23 Southfield Trl Lovelady, TX 75851
    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
    Nancy Lawrence
    Nancy Lawrence
    Real Estate License ID: 0499239
    (936) 546-4182
    Learn more
    Google sign-in failed. Please try again or use another login method.