Add Listing
    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

    294 Burrell Wingate Rd Beaumont, TX 77705

    Sponsored
    For Sale
    $400,000

    Lots - Beaumont, TX

    Lot size:
    30.77 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 1 at 8:06 pm

    Property Features for 294 Burrell Wingate Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Yes
    Lot size
    30.77 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Salvador Caballero

    LISTWITHFREEDOM.COM INC (855) 456-4945

    Listing agent SALVADOR CABALLERO (855) 456-4945

    Listing date Feb 22, 2026

    MLS# 265292 Listing URL

    Copyright © 2026 Beaumont 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

    Property Insight Report

    Overview

    30 Acres in Fannett

    This is a 30.77-acre property located in Fannett at the intersection of Craigen Road and Burrell-Wingate Road, approximately 15 miles from Beaumont and 17 miles from Mid-County. The land is suited for a homestead in the country, while still being close to town. According to the listing information, only a small portion at the back of the property, near a small drainage ditch, has experienced flooding.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.239856
    Latitude
    29.914509

    Nearby Similar for Sale

    • $225,000
      1,456 SF

      Versatile Commercial Space in Beaumont

      1456 sqft commercial property with endless potential for various businesses.
      2474 Broadway, Beaumont, TX 77702
      View Details
    • $325,000
      30,300 SF

      Beaumont Industrial Buildings on Large Lot

      Nine industrial buildings with warehouse space on 1.69 acres.
      2945 S 4Th St, Beaumont, TX 77701
      View Details
    • $1,100,000
      6,028 SF

      Playa del Carmen Multi-Unit Property

      Multi-unit property with restaurant space near Fifth Avenue, Playa del Carmen.
      Bldg In Downtown Playa Del Carmen For Sale, Beaumont, TX 77720
      View Details
    • $400,000
      2,310 SF

      Turnkey Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru, expansion potential, and fully equipped kitchen.
      5540 College St, Beaumont, TX 77707
      View Details
    • $750,000
      4,660 SF

      Retail Property on Phelan Boulevard

      Retail property with long-term tenant and multiple buildings.
      3920 Phelan Blvd, Beaumont, TX 77707
      View Details
    • $475,000
      12,070 SF

      Beaumont Office Building Near IH-10

      Office building with high visibility and flexible suite options.
      3393 Laurel Ave, Beaumont, TX
      View Details
    • $125,000
      775 SF

      Freestanding Commercial Building For Sale

      Freestanding commercial building with drive-through, ideal for restaurant use.
      2999 Magnolia St, Beaumont, TX 77703
      View Details
    • $1,200,000
      7,776 SF

      Eastex Freeway Commercial Property

      Highly visible property with office building, additional office, and barn.
      7945 Eastex Fwy, Beaumont, TX 77708
      View Details
    • $155,000
      1,424 SF

      Converted Home on Broadway

      Converted single-family home near Riceland Medical Center.
      2671 Broadway, Beaumont, TX 77713
      View Details
    • $650,000
      5,000 SF

      Beaumont Warehouse with Office Space

      5,000 SF building with office and warehouse space.
      4950 Washington Blvd, Beaumont, TX 77707
      View Details
    • $1,300,000
      19,922 SF

      Renovated Office Space For Sale

      Recently renovated office space with I-10 frontage available for purchase.
      1844 South St South, Beaumont, TX 77701
      View Details
    • $234,900

      Multi-Unit Commercial Building For Sale

      Multi-unit commercial building with income potential in Beaumont's old town.
      2481-2487 Calder St, Beaumont, TX 77702
      View Details

    FAQs

    What type of property is this?
    Land - Desirable 30-acre lot, ideal for a country homestead.
    Where is this land located?
    The property is located at 294 Burrell Wingate Rd Beaumont, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 30 +/- acres of land, ideal for a homestead.; - Desirable location in the heart of Fannett at the intersection of Craigen Road and Burrell-Wingate Road.; - Close proximity to town and work.
    (855) 456-4945
    Request Owner's contact information
    294 Burrell Wingate Rd Beaumont, TX 77705
    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.
    294 Burrell Wingate Rd
    Beaumont, TX 77705
    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
    294 Burrell Wingate Rd Beaumont, TX 77705
    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
    Salvador Caballero
    Real Estate License ID: 0286632
    (855) 456-4945 (915) 593-2020
    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!