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

    8950 Timber Ridge Larue, TX 75770

    View on Map
    For Sale
    $149,900

    Acreage W/O Res - Larue, TX

    Lot size:
    2.38 Acres
    Added:
    Jan 14, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for 8950 Timber Ridge

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Shade Trees
    Standard status
    Active
    APN
    4013.0000.378A.40
    Lot size
    2.38 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Murdock

    Listing agent Michael Murdock

    Listing office Exit Realty Pro 1445 S BUFFALO, CANTON, TX

    Listing date Jan 14, 2026

    MLS# 108867 Listing URL

    Copyright © 2026 Henderson County 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

    Waterfront Lot in Gated Community

    Located in Safari Waters Ranch, a gated community in East Texas, this 2.382 acre lot offers a private retreat. Situated on a quiet cul-de-sac, the wooded property includes waterfront access to a fishing pond. The pond is well-stocked and maintained by the Game and Fish Commission, and is known for trophy catches. A house pad is already built, and house plans are available. Wildlife enthusiasts can observe deer, elk, and zebra roaming freely throughout the ranch.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Grocery & Convenience Store Food Market Pet Store & Service Farmer's Market Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Larue
    County
    Henderson
    State
    Texas
    Longitude
    -95.643
    Latitude
    32.1433

    Nearby Similar for Sale

    • $725,000
      2,700 SF

      Picturesque Farm with Log Cabin

      40-acre farm featuring a log cabin and equestrian facilities.
      10857 County Road 4718, Larue, TX 75770
      View Details
    • $599,000
      2,144 SF

      Larue, TX Acreage with Residence

      Updated home on 12 acres with pool and shop.
      12985 CR 4331, Larue, TX 75770
      View Details
    • $1,350,000
      2,108 SF

      Spacious Farm with Barndominium in LARUE

      87.5-acre farm featuring a barndominium with shop space.
      7335 CR 4710, LARUE, TX 75770
      View Details
    • $1,350,000
      2,108 SF

      Spacious Barndominium on 87.5 Acres

      87.5-acre property with barndominium ideal for residence or ranch.
      7335 CR 4710, Larue, TX 75770
      View Details
    • $1,350,000
      2,108 SF

      Acreage with Barndominium in Larue,TX

      87.5-acre property featuring a 2,340 square foot barndominium.
      7335 CR 4710, Larue, TX 75770
      View Details
    • $1,150,000
      600 SF

      Larue Acreage with Two Ponds

      100+ acre property with ponds, shop, and planted pines.
      7247 CR 4334, Larue, TX 75770
      View Details
    • $349,900

      Lake Palestine Waterfront Land

      1.44 acre lakefront lot in Legacy Shores subdivision.
      3146 Shadow Pine Drive, Larue, TX 75770
      View Details
    • $87,000

      Safari Waters Ranch Homesite

      2.01-acre hilltop lot in Safari Waters Ranch community.
      Lot 401 Mallard Way, Larue, TX 75770
      View Details
    • $220,999

      Lakefront Lot in Legacy Shores

      2.384-acre lakefront lot with 100 feet of shoreline.
      3226 Shadow Pine Drive, Larue, TX 75770
      View Details
    • $80,000

      5.6 Acre Wooded Lot

      Wooded 5.6 acre lot with road access in Larue, TX.
      Lot 463 US-175, Larue, TX 75770
      View Details
    • $115,000

      Secluded Treed Acres in Larue

      7 acres with water and power, ready for development.
      7229 CR 4837, Larue, TX 75770
      View Details
    • $225,999

      Lake Palestine Land with Boat

      3.04 acres in gated community with lake access.
      3145 Shadow Pine Drive, Larue, TX 75770
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.382 acre wooded lot with waterfront access in Larue, TX.
    Where is this residential land & home lot located?
    The property is located at 8950 Timber Ridge Larue, TX.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Waterfront access to a well‑stocked fishing pond maintained by the Game and Fish Commission.; Located in Safari Waters Ranch, a prestigious gated community spanning over 1,800 acres.; 2.382 MOL acre wooded lot on a quiet cul‑de‑sac.
    (903) 567-7777
    We can help!
    Listing Contact
    Michael Murdock
    Real Estate License ID: 0510964
    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!