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

    24 Sycamore St Yantis, TX 75497

    View on Map
    Sponsored
    For Sale
    $159,900

    Unimproved Land - Yantis, TX

    Type:Unimproved Land
    Lot size:
    0.89 Acres
    Days on Market:
    23
    Last Refresh:
    Mar 11 at 9:06 am

    Property Features for 24 Sycamore St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R76107
    Lot size
    0.89 Acres

    Taxes and HOA fees

    Expense value
    400
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Knox

    Legacy & Co. Real Estate (972) 771-5106

    Listing agent Christopher Knox (972) 771-5106 License #0758532

    Listing date Feb 16, 2026

    MLS# 21094868 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

    Property Insight Report

    Overview

    Lake Fork Unimproved Land Opportunity

    Located in the Royal Oak subdivision in Yantis, TX, Lot 24 Sycamore offers lakeside living on Lake Fork, which is known for bass fishing. This 0.893-acre lot features a sea wall and lake views. The property is suited for a weekend retreat, retirement home, or fishing spot. The lawn is manicured. The location provides both seclusion and community access. The property is ideal for fishermen, families, and retirees. Overhanging trees provide scenic sunset views. Lot 24 Sycamore offers a foundation in a location known for outdoor activities and community events. Lots 25, 26, and 27 are owned by the same family and there is a possibility to buy all of them. The minimum building size is 2500 sq ft, and manufactured homes are not allowed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Yantis
    County
    Wood
    State
    Texas
    Longitude
    -95.61201
    Latitude
    32.89367

    Nearby Similar for Sale

    • $225,000
      0.49 Acres

      Remodeled Restaurant on Main Street

      Established cafe on 0.49 acres near Lake Fork.
      108 S Main St, Yantis, TX 75497
      View Details
    • $50,000
      0.09 Acres

      Lake Fork Retreat Ready To Go

      Two fenced lots with RV near Lake Fork amenities.
      167-168 Private Road 5821, Yantis, TX 75497
      View Details
    • $200,000
      0.11 Acres

      Turnkey Commercial Building in Yantis

      Updated 750 sq ft commercial building with high visibility.
      100 E Oak St, Yantis, TX 75497
      View Details
    • $200,000
      0.11 Acres

      Updated Commercial Building in Yantis

      Turnkey commercial building with high visibility and updated features.
      100 E Oak St, Yantis, TX 75497
      View Details
    • $60,000
      0.08 Acres

      Lake Fork Gated Community Lots

      Two lots in a gated waterfront community on Lake Fork.
      91-92 Private Road 5800, Yantis, TX 75497
      View Details
    • $68,500
      0.19 Acres

      Lake Fork RV Lots

      Four lots in gated RV community near Lake Fork.
      514-517 Elm White Oak Shr St, Yantis, TX 75497
      View Details
    • $110,000
      2.12 Acres

      Residential Land in Yantis, Texas

      Residential land available in Yantis, Texas.
      10 County Road 1952, Yantis, TX 75497
      View Details
    • Contact for pricing
      10,500 SF

      Family Dollar & Dollar Tree

      2022 Family Dollar & Dollar Tree combo store for sale.
      Yantis, TX
      View Details
    • Contact for pricing
      23,300 SF

      Yantis Self Storage Facility

      23,300 SF storage facility in Yantis, Texas.
      126 S Main St, Yantis, TX 75497
      View Details
    • $250,000
      1,620 SF

      Yantis Restaurant - Turnkey Opportunity

      Established Cafe, Highway 154 Frontage
      108 Main St, Yantis, TX 75497
      View Details

    FAQs

    What type of property is this?
    Land - Lakeside lot with sea wall in Royal Oak subdivision.
    Where is this land located?
    The property is located at 24 Sycamore St Yantis, TX.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Direct access to Lake Fork, famed for bass fishing.; - Protective sea wall already installed.; - Enjoy scenic, uninterrupted lake views and a lush, manicured lawn.
    (214) 478-9802
    Request Owner's contact information
    24 Sycamore St Yantis, TX 75497
    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.
    24 Sycamore St
    Yantis, TX 75497
    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
    24 Sycamore St Yantis, TX 75497
    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
    Christopher Knox
    Real Estate License ID: 0758532
    (214) 478-9802 (972) 771-6970 (972) 771-5106
    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!