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

    868 County Road 2920 Alba, TX 75410

    View on Map
    Sponsored
    For Sale
    $105,000

    Unimproved Land - Alba, TX

    Type:Unimproved Land
    Lot size:
    3.84 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 10 at 7:06 pm

    Property Features for 868 County Road 2920

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R139231
    Lot size
    3.84 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Steve Koleno

    Beycome Brokerage Realty LLC (844) 239-2663

    Listing agent Steve Koleno (804) 656-5007 License #0779766

    Listing date Feb 25, 2026

    MLS# 21159109 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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

    Unrestricted Land Near Lake Fork

    This is an unrestricted 3.84-acre property located in Alba, Texas. The land features a gently rolling landscape with towering pines and hardwoods, offering a quiet and secluded atmosphere. A spring-fed, stocked pond enhances the property. The back of the property includes a wooded area. The property is suitable for various types of construction, including barndominiums, tiny homes, log cabins, mobile homes, or custom-built homes. There are no restrictions or HOA. Utilities, including underground electric, water, and high-speed internet, are available at the road. The property has been partially cleared, and a driveway is partially in place. A current survey with marked boundaries is available. The property is located approximately 15 minutes from Lake Fork, 5 minutes from Lake Holbrook, and 10 minutes from town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alba
    County
    Wood
    State
    Texas
    Longitude
    -95.578102
    Latitude
    32.724315

    Nearby Similar for Sale

    • New
      $449,900
      1.97 Acres

      Turnkey Motel Near Lake Fork

      Well-maintained 10-room motel near Lake Fork.
      9530 W Fm 515, Alba, TX 75410
      View Details
    • New
      $675,000
      1,860 SF

      Alba Farmhouse with Barndo and Shop

      Pristine property with farmhouse, barndo, shop, and outdoor living.
      8642 S Fm 779, Alba, TX 75410
      View Details
    • $150,000
      5,500 SF

      Downtown Alba Commercial Opportunity

      Commercial building in Alba, TX, with frontage on three sides.
      Alba, TX 75410
      View Details
    • $3,400,000
      1,645 SF

      Lake Fork Waterfront Ranch Estate

      34.16 acres with approximately one mile of pristine waterfront.
      4790 N Fm 17, Alba, TX 75410
      View Details
    • $229,500
      3,320 SF

      Alba Live/Work Opportunity

      Mixed-use property, Hwy 69 frontage
      189 Greenville St, Alba, TX 75410
      View Details
    • $800,000
      9,112 SF

      Alba, TX Restaurant & Event Space

      Huge 9,112 sq ft facility on 2.4 acres
      5375 Fm 17, Alba, TX 75410
      View Details
    • $685,000
      9,000 SF

      Lake Fork Commercial Property - Alba, TX

      Prime Commercial Land w/ RV Sites & Warehouses
      2810 Fm 17, Alba, TX 75410
      View Details
    • $1,999,900
      5,148 SF

      East Texas Camp & Retreat Center

      Profitable Campground on 20 Acres
      252 Private Rd, Alba, TX 75410
      View Details

    FAQs

    What type of property is this?
    Land - 3.84 acres of unrestricted land near Lake Fork, Texas.
    Where is this land located?
    The property is located at 868 County Road 2920 Alba, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: - Unrestricted acreage allows for diverse building options.; - Utilities readily available at the road: underground electric, water, and high-speed internet.; - Spring-fed, stocked pond creates a picturesque and recreational focal point.
    (630) 405-8314
    Request Owner's contact information
    868 County Road 2920 Alba, TX 75410
    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.
    868 County Road 2920
    Alba, TX 75410
    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
    868 County Road 2920 Alba, TX 75410
    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
    Steve Koleno
    Real Estate License ID: BK3469487
    (630) 405-8314 (804) 656-5007 (312) 554-5478
    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!