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    Land with Partially Completed Home Title is generated by Realmo AI

    580 CR 1630, Crockett, TX 75835

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    For Sale
    $499,000

    Land/Acreage - Crockett, TX

    Property size:
    3,000 SF
    Lot size:
    24.00 Acres
    Price / SF:
    $166/SF
    Added:
    Oct 15, 2025
    Days on Market:
    216
    Last Refresh:
    May 18 at 9:06 am

    Property Features for 580 CR 1630

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Nac Sf1 Single Fam 1
    Standard status
    Active
    Size
    3,000 SF
    Lot size
    24.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy Lawrence
    Nancy Lawrence

    Listing agent Nancy Lawrence

    Listing office Lawrence Realty 586 East Loop 304, Crockett, TX

    Listing date Oct 15, 2025

    MLS# 22501799 Listing URL

    Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 2,400 sq.ft. shop/barn with 5 overhead doors (two electric).
    • 3,000 sq.ft. home, dried in with roughed‑in plumbing, ready for customization.
    • Architectural plans included for a 3‑bedroom, 2‑bath home with primary suite and office/flex space.
    • 400‑amp electrical service (200‑amp to home, 200‑amp to shop).
    • Shop/barn plumbed for half bath and wash/rinse drain.
    • Subterranean gutter drain system installed on both home and shop/barn.

    Overview

    This property offers a unique opportunity to own and complete a 3,000 sq.ft. home to your specifications. The home has been dried in and features roughed-in plumbing. Architectural plans are available for a three-bedroom, two-bath home. The design includes a large kitchen and entertainment area, a primary suite with an en-suite bathroom featuring his and her water closets and sinks, a large closet, two guest bedrooms, a full bath, laundry, and an office or flex space. A 2,400 sq.ft. shop or barn is located behind the home, equipped with five 12' overhead doors, two of which are electric. The shop's plumbing is roughed in for a half bath and a wash or rinse drain in one of the bays. The property has a 400-amp service, with 200 amps allocated to the home and 200 amps to the shop. A subterranean gutter drain system is installed on both the home and shop or barn. Consolidated water is available at the road. The property is situated on 24 acres and is zoned Nac Sf1 Single Fam 1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Crockett
    County
    Houston
    State
    Texas
    Longitude
    -95.413724
    Latitude
    31.418432

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    FAQs

    What type of property is this?
    Residential land & home lot - 24 acres with partially completed 3,000 sqft home.
    Where is this residential land & home lot located?
    The property is located at 580 CR 1630 Crockett, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Large 2,400 sq.ft. shop/barn with **5 overhead doors (two electric)**.; 3,000 sq.ft. home, dried in with roughed‑in plumbing, ready for customization.; Architectural plans included for a 3‑bedroom, 2‑bath home with primary suite and office/flex space.
    (936) 546-4182
    We can help!
    Listing Contact
    Nancy Lawrence
    Nancy Lawrence
    Real Estate License ID: 0499239
    Learn More
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    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.

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