Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    PID 96952 MEMORY LANE Diboll, TX 75941

    View on Map
    New
    For Sale
    Contact for pricing

    Land/Acreage - Diboll, TX

    Lot size:
    1.14 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 4 at 1:06 pm

    Property Features for PID 96952 MEMORY LANE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Luf Rs Residential Sm Single Family
    Standard status
    Active
    Lot size
    1.14 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Adrian Vasquez

    Listing agent Adrian Vasquez

    Listing office Keller Williams Memorial Houston 950 Corbindale Rd, Houston, TX

    Listing date Apr 3, 2026

    MLS# 70012765 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.

    Overview

    Spacious Lot in Rolling Hills

    This 1.14-acre lot is located in the Rolling Hills Subdivision in Diboll, Texas. Zoned for single-family residential use (Luf Rs Residential Sm Single Family), the property offers a setting suitable for building a home. The lot is situated in a quiet, well-established neighborhood, providing a peaceful atmosphere with room to create a retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Diboll
    County
    Angelina
    State
    Texas
    Longitude
    -94.77975
    Latitude
    31.24585

    Nearby Similar for Sale

    • $499,500
      4,680 SF

      Diboll Industrial Property For Sale

      Commercial property in industrial hub with redevelopment potential and tenant in place.
      100 East Borden, Diboll, TX 75941
      View Details
    • $1,199,000
      6,860 SF

      Versatile Commercial Property with Residence

      High-visibility commercial property with a remodeled residential home.
      8166 Hwy 59 South, Diboll, TX 75949
      View Details
    • $450,000

      East Texas Land with Income

      28.25 acres in Diboll, TX with rental income.
      1888 FM 1818, Diboll, TX 75941
      View Details
    • $1,500,000

      Prime Land on Highway 59

      32.544 acres with highway frontage, ideal for commercial development.
      PID 96924 US Hwy 59 S, Diboll, TX 75941
      View Details
    • $50,000
      2,142 SF

      Diboll Church Ready for Occupancy

      Church building in Diboll, Texas, requiring some repairs.
      1114 Cypress, Diboll, TX 75941
      View Details
    • $150,000

      Commercial Land Near I-69 Bypass

      Commercial land ready for development near I-69.
      220 FM 1818, Diboll, TX 75941
      View Details
    • $265,900

      Riverfront Acreage with Highway Frontage

      17.7 acres with river frontage and highway access.
      R 30099 Hwy 59 South, Diboll, TX 75941
      View Details
    • $120,000
      2,049 SF

      2.5 Acre Commercial Lot

      2.5-acre lot suitable for residential or commercial applications.
      1594 N Temple Drive, Diboll, TX 75941
      View Details
    • $89,000

      5 Acres of Scenic Land

      5 acres of land in a peaceful rural setting.
      151047 CC Road, Diboll, TX 75941
      View Details
    • $45,000

      Residential Lot in Deer Trace

      Residential lot in established neighborhood near golf course and schools.
      916 Dogwood Ridge Drive, Diboll, TX 75941
      View Details
    • $100,000

      Commercial Land in Diboll, Texas

      Commercial property suitable for development fronting FM 1818.
      306 FM 1818, Diboll, TX 75941
      View Details
    • $192,500

      Unrestricted Land for Ranching, Recreation

      18+ acre unrestricted tract ideal for ranching or recreation.
      919 Pine Valley Drive, Diboll, TX 75941
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.14-acre lot in established Diboll neighborhood, build your dream home.
    Where is this residential land & home lot located?
    The property is located at PID 96952 MEMORY LANE Diboll, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Spacious 1‑acre lot provides ample room to build a custom home.; Located in the established Rolling Hills Subdivision.; Offers a peaceful and quiet atmosphere.
    (936) 414-2846
    We can help!
    Listing Contact
    Adrian Vasquez
    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!