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

    5.032 Acres Cr 3308 Jacksonville, TX 75766

    Sponsored
    For Sale
    $84,450

    Rural Acreage - Jacksonville, TX

    Lot size:
    5.03 Acres
    Days on Market:
    137
    Last Refresh:
    Mar 2 at 6:06 am

    Property Features for 5.032 Acres Cr 3308

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kelly Vessels

    EXIT Realty Pro (903) 567-7777

    Listing agent Kelly Vessels (903) 567-7777 License #0686708

    Listing date Oct 17, 2025

    MLS# 24001386 Listing URL

    Copyright © 2026 Greater Tyler Association 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

    Acreage Near Lake Palestine

    This 5.03-acre property, surrounded by fully developed trees, offers privacy and is located near Highway 175 and within minutes of Lake Palestine. The land presents opportunities for various uses, including starting a family, investment, or retirement. Lake Palestine, stretching 18 miles, provides diverse fishing locations and has been stocked with Florida Largemouth Bass and Sunshine Bass fingerlings. Jacksonville, with a growing population of around 14,000, maintains a small-town atmosphere. The town's history dates back to 1847, with the post office name changing to Jacksonville in 1850. In 1904, Jacksonville's population was reported as 1,568.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Jacksonville
    County
    Cherokee
    State
    Texas
    Longitude
    -95.3036
    Latitude
    31.9649

    Nearby Similar for Sale

    • $142,000
      2,400 SF

      Commercial Property with Showroom/Warehouse Space

      Commercial property featuring a showroom and warehouse/work space.
      419 W Larissa St, Jacksonville, TX 75766
      View Details
    • $479,500
      2,009 SF

      Inviting Home with Pond and Barn

      Comfortable 3-bedroom home on 12.52 acres with pond.
      4220 Fm 235, Jacksonville, TX 75766
      View Details
    • $250,000
      Pending

      Charming Farmhouse with Historic Shop

      Updated 1917 farmhouse on 2 acres with historic shop.
      3784 S Fm 747, Jacksonville, TX 75766
      View Details
    • $50,000
      1,680 SF

      Unique Office/Warehouse on Rusk Street

      Versatile 1,680 SF office/warehouse with redevelopment potential in Jacksonville, TX.
      1132 W Rusk St, Jacksonville, TX 75766
      View Details
    • $515,000
      1,404 SF

      East Texas Ranch on 38 Acres

      38-acre ranch featuring a 1,404 sq ft home near Jacksonville.
      120 Fm 2064 N, Jacksonville, TX 75766
      View Details
    • $379,900
      0.17 Acres

      Turnkey Food and Beverage Business

      Established food truck park with real estate in Jacksonville, Texas.
      215-219 Main St, Jacksonville, TX 75766
      View Details
    • $614,000
      3.15 Acres

      Jacksonville, TX - Hwy 69 Frontage

      NNN leased vet clinic in Jacksonville, TX Opportunity Zone.
      37252 Us Hwy. 69 N, Jacksonville, TX 75766
      View Details
    • $350,000
      5,750 SF

      Downtown Commercial Space Opportunity

      Adaptable commercial space in a rapidly developing downtown area.
      300 S Main St, Jacksonville, TX 75766
      View Details
    • $250,000
      0.25 Acres

      Jacksonville Commercial Trucking Mechanic Shop

      Commercial mechanic shop and mobile home for sale near Jacksonville.
      6254 W Us Highway 79, Jacksonville, TX 75766
      View Details
    • $614,000
      6,525 SF

      Jacksonville Retail/Medical Investment Opportunity

      NNN leased vet clinic on Hwy 69, Jacksonville, TX.
      37252 Us Hwy. 69 N, Jacksonville, TX 75766
      View Details
    • $270,300
      18.02 Acres

      18 Acres Near Jacksonville, TX

      18 acres of fenced land near Jacksonville, Texas.
      18.02 Ac Cr 3105, Jacksonville, TX 75766
      View Details
    • Contact for pricing
      4,700 SF

      Retail Portfolio For Sale

      Five retail properties available as a portfolio or individually.
      2015 S Jackson St, Jacksonville, TX 75766
      View Details

    FAQs

    What type of property is this?
    Land - 5.03 acres near Lake Palestine with no restrictions.
    Where is this land located?
    The property is located at 5.032 Acres Cr 3308 Jacksonville, TX.
    What is the asking price?
    The asking price for this property is $84,450.
    What are key features of this property?
    This property features: - Close proximity to Lake Palestine, offering diverse fishing opportunities and recent fish stocking programs.; - No restrictions on the property, providing flexibility for various uses (family, investment, retirement).; - Private setting with fully developed trees.
    (903) 802-9604
    Request Owner's contact information
    5.032 Acres Cr 3308 Jacksonville, TX 75766
    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.
    5.032 Acres Cr 3308
    Jacksonville, TX 75766
    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
    5.032 Acres Cr 3308 Jacksonville, TX 75766
    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
    Kelly Vessels
    Real Estate License ID: 0686708
    (903) 802-9604 (903) 567-7777
    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!