Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3 Fm 2261 Shelbyville, TX 75973

    New
    For Sale
    $275,000

    Land/Acreage - Shelbyville, TX

    Lot size:
    38.00 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 9 at 7:06 pm

    Property Features for 3 Fm 2261

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    38.00 Acres

    Building Details

    Architectural style
    Other

    Chambliss Real Estate (936) 591-1196

    Listing agent Heather Chambliss (936) 591-1196

    Listing date Dec 3, 2025

    MLS# 22500783 Listing URL

    Copyright © 2025 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.

    Overview

    Unrestricted Acreage Near Lake Toledo

    This 38-acre tract features both cleared pasture and marketable timber, with a creek boundary at the rear of the property. The land is unrestricted and includes a pond and complete fencing. Located within the Shelbyville Independent School District, the property has public road frontage and is approximately 2.7 miles from the East Hamilton Public Boat Ramp on Lake Toledo Bend. Electricity is installed on the tract. A new survey will provide a 35-foot deeded access path along the east side of the property. The future owner will need to consider water well installation. The property is being cut out of a larger tract that is also for sale.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Texas
    Longitude
    -94.0789272
    Latitude
    31.7617683

    Nearby Similar for Sale

    • $340,500

      Unrestricted Land in Shelby County

      27.24-acre farm and ranch land with rolling hills.
      16202 State Highway 87 S, Shelbyville, TX 75973
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 38 acres of pasture and timber near Lake Toledo Bend.
    Where is this agricultural land located?
    The property is located at 3 Fm 2261 Shelbyville, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Unrestricted acreage featuring cleared pasture and marketable timber.; - Complete fencing and a pond.; - Creek boundary at the back of the property.
    (936) 591-1196
    Request Owner's contact information
    3 Fm 2261 Shelbyville, TX 75973
    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.
    3 Fm 2261
    Shelbyville, TX 75973
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    3 Fm 2261 Shelbyville, TX 75973
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.