Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Texas Land with Views Title is generated by Realmo AI

    Fm SE 1002, Big Sandy, TX 75755

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    Farm/Ranch - Big Sandy, TX

    Type:Farm
    Lot size:
    137.40 Acres
    Added:
    Mar 13, 2025
    Days on Market:
    431
    Last Refresh:
    May 17 at 6:06 am

    Property Features for Fm SE 1002

    General Information

    Property type
    Land
    Property subtype
    Farm
    Exterior features
    Fence, None
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    137.40 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Debi Powers

    Listing agent Debi Powers

    Listing office Texas Real Estate Executives, The Daniels Group - Gilmer 117 Simpson, GILMER, TX

    Listing date Mar 13, 2025

    MLS# 20251611 Listing URL

    Copyright © 2026 Longview Area Association 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.

    HighLights

    • Unparalleled panoramic views from one of the highest elevations in Upshur County (600 feet).
    • 137.4+\/- acres of rolling terrain with a balance of open pastures and wooded areas.
    • Ideal for wildlife, recreation, a private retreat, or a dream homesite.
    • Serene pond and duck slough attracting deer, waterfowl, and other wildlife.
    • Fenced property.
    • Ranch style architecture.

    Overview

    This East Texas property features 137.4 acres of rolling terrain. It offers one of the highest elevations in Upshur County at 600 feet, only 28 yards shy of the county's highest point, providing panoramic views. The land features a balance of open pastures and wooded areas, creating an ideal setting for wildlife, recreation, or a private retreat. A pond and a duck slough add to the natural beauty, attracting deer, waterfowl, and other wildlife. It is located in Big Sandy, TX.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Big Sandy
    County
    Upshur
    State
    Texas
    Longitude
    -95.0888
    Latitude
    32.6267

    Nearby Similar for Sale

    • $649,000
      2,956 SF

      Texas Ranch with Acreage

      Ranch-style property on 32.4 acres near Big Sandy, Texas.
      7626 Fm 1002 S, Big Sandy, TX 75755
      View Details
    • $970,000
      1,844 SF

      68.5 Acres with Commercial Buildings

      Multi-parcel property with residences and commercial buildings near Big Sandy.
      130 & 154 PR 3331, Big Sandy, TX 75755
      View Details
    • $287,300

      Rural Commercial Property Near Highway

      Multiple buildings suitable for industrial, manufacturing, or service-based operations.
      130 PR 3331, Big Sandy, TX 75755
      View Details
    • $650,000

      Established Retreat and Event Destination

      26-acre retreat with cabins and event center in Big Sandy, TX.
      1936 B Silver Maple Road, Big Sandy, TX 75755
      View Details
    • $369,000
      4,480 SF

      Renovated Historic Commercial Property

      Renovated historic commercial property suitable for various business operations.
      204 S Tyler St, Big Sandy, TX, Big Sandy, TX 75755
      View Details
    • $649,000

      Texas Ranch-Style Property on Acreage

      Ranch-style home on 32.4 acres near Big Sandy, Texas.
      7626 Fm 1002 S, Big Sandy, TX 75755
      View Details
    • $75,000
      1,707 SF

      Versatile Church Building in Big Sandy

      Former church building suitable for various uses in Big Sandy.
      719 N Tyler St, Big Sandy, TX 75755
      View Details

    FAQs

    What type of property is this?
    Farm - 137.4 acres of rolling terrain with panoramic views.
    Where is this farm located?
    The property is located at Fm SE 1002 Big Sandy, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Unparalleled panoramic views from one of the highest elevations in Upshur County (600 feet).; 137.4+\/- acres of rolling terrain with a balance of open pastures and wooded areas.; Ideal for wildlife, recreation, a private retreat, or a dream homesite.
    (903) 680-4663
    We can help!
    Listing Contact
    Debi Powers
    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

    Thank You for Inquiry
    Fm SE 1002, Big Sandy, TX 75755
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!