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

    6805 Bobbie Little Drive Kingston, OK 73439

    View on Map
    Pending
    $40,000

    LAND - Kingston, OK

    Lot size:
    0.75 Acres
    Added:
    Sep 26, 2025
    Days on Market:
    190
    Last Refresh:
    Apr 3 at 6:06 am

    Property Features for 6805 Bobbie Little Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    0.75 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Overton Creek, Lot 15
    TaxAnnualAmount
    27

    We can help!

    Listing Contact
    Ken Wheeler

    Listing agent Ken Wheeler License #147004

    Listing office Lake Texoma Real Estate Compan 405 Hwy 32, Kingston, OK

    Listing date Sep 26, 2025

    MLS# 2541107

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

    Overview

    Overton Creek Land Near Lake

    This 0.75-acre lot is located in the Overton Creek Development on Lake Texoma. The property features shade trees and is situated minutes from Catfish Bay, the Chickasaw Golf Course, Westbay Casino, Marina Del Ray, and the upcoming Hard Rock Hotel. Electric and rural water utilities are available at the front of the lot. The property is located in Kingston, OK.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Kingston
    County
    Marshall
    State
    Oklahoma
    Longitude
    -96.716
    Latitude
    33.947

    Nearby Similar for Sale

    • $450,000
      4,572 SF

      Commercial Land Near Lake Texoma

      Rare commercial opportunity near MegaStar Casino and Lake Texoma.
      5268 S Highway 377, Kingston, OK 73439
      View Details
    • $650,000
      3,276 SF

      Kingston Commercial Property with Business

      Established welding and boat house construction business near Lake Texoma.
      401 Hwy 70 N, Kingston, OK 73439
      View Details
    • $289,000
      3,060 SF

      Kingston Commercial Property For Sale

      Commercial property with high visibility and easy access off Hwy 70.
      509 Highway 70 E, Kingston, OK 73439
      View Details
    • $450,000
      1 SF

      Kingston Commercial Opportunity Near Lake

      Mixed-use commercial property near Lake Texoma and MegaStar Casino.
      5268 S Highway 377, Kingston, OK 73439
      View Details
    • $899,000
      3,002 SF

      Kingston Car Wash Investment Opportunity

      Well-maintained car wash near Hardrock Casino with significant cost savings.
      512 Highway 70 E, Kingston, OK 73439
      View Details
    • $924,000

      Highway Frontage Development Opportunity

      42-acre parcel near Lake Texoma with utilities installed.
      10692 Old Willis Road, Kingston, OK 73439
      View Details
    • $375,000

      Kingston Land in Twin Ponds

      Homesite in Buncombe Creek with views and privacy.
      49 Cliffside, Kingston, OK 73439
      View Details
    • $550,000
      13,860 SF

      Boat and RV Storage Business

      Boat and RV storage business near Lake Texoma for sale.
      5754 Alberta Creek Road, Kingston, OK 73439
      View Details
    • $130,000

      Lake Texoma Basecamp Land

      Nearly 3/4-acre lot with metal shop near Lake Texoma.
      Sandy Acres Trail, Kingston, OK 73439
      View Details
    • $179,000

      Kingston Land with Mature Trees

      3.5 acres near Alberta Creek Resort and West Bay Casino.
      Alberta Creek, Kingston, OK 73439
      View Details
    • $375,000
      3,570 SF

      Lake Texoma Investment Opportunity

      Near Lake Texoma with boat storage and living quarters.
      3048 Kelly Road, Kingston, OK 73439
      View Details
    • $135,000

      Unrestricted Land Near Lake Texoma

      1.5 acres near Lake Texoma with potential for various uses.
      Weaverville Lane, Kingston, OK 73439
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.75 acre lot near Lake Texoma in Kingston, OK.
    Where is this commercial land located?
    The property is located at 6805 Bobbie Little Drive Kingston, OK.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Large .75 acre lot with shade trees; Located minutes from Lake Texoma attractions; Proximity to Catfish Bay
    (580) 564-5839
    We can help!
    Listing Contact
    Ken Wheeler
    Real Estate License ID: 147004
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!