Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Fork Area Land Title is generated by Realmo AI

    Lots 407 408 429 430 5808, Yantis, TX 75497

    View on Map
    Claim this Listing
    For Sale
    $65,000

    Improved Land - Yantis, TX

    Lot size:
    0.18 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    51
    Last Refresh:
    May 26 at 1:06 pm

    Property Features for Lots 407 408 429 430 5808

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    57207
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Expense value
    550
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karen Marsh
    Karen Marsh

    Listing agent Karen Marsh License #0541391

    Listing office Glass Land and Home LLC 2407 Lamar Ave, Paris, TX

    Listing date Apr 6, 2026

    MLS# 21226629 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.

    HighLights

    • Lake Fork Access: Short walk or golf cart ride to Lake Fork, known for premier bass fishing.
    • Gated Community with Amenities: Sun Eagle Bay offers a swimming pool, boat ramps, fishing pier, playground, picnic area, restrooms, and dump station.
    • Multiple Lots: Four lots with access from two roads (PR 5808 and PR 5809).
    • RV and Deck Included: Well‑maintained 1987 Fleetwood RV with a large deck is included.
    • Utilities in Place: Water and electricity are already on the property.
    • Includes a storage building for lake toys.

    Overview

    Four lots near Lake Fork offer a great opportunity to enjoy lake season. The land, totaling 0.18 acres, stretches from PR 5808 to PR 5809, providing access from both sides. Tall trees offer shade, and a covered concrete pad is ready for a camper or tiny house. A well-maintained 1987 Fleetwood RV with a large deck is included. Water and electricity are available on site. Holding tanks are permissible with HOA approval. A storage building is available for storing lake toys. The oversized deck is suitable for entertaining or relaxing. Located in the gated lake community of Sun Eagle Bay, amenities include a swimming pool, boat ramps, fishing pier, playground, picnic area, restrooms, and a dump station, all provided with paid HOA dues. Lake Fork is known for its premier bass fishing. The property is located approximately an hour and a half from the DFW area.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Yantis
    County
    Wood
    State
    Texas
    Longitude
    -95.5083
    Latitude
    32.9248

    Nearby Similar for Sale

    • $799,000
      2,790 SF

      Lake Fork Development Opportunity

      3.47 acres with highway frontage and lake access.
      180 County Road 1886, Yantis, TX 75497
      View Details
    • $799,000
      2,790 SF

      Lake Fork Development Opportunity

      3.47 acres with lake access and development potential.
      180 County Road 1886, Yantis, TX 75497
      View Details
    • $200,000

      Turnkey Commercial Building in Yantis

      Updated 750 sq ft commercial building with high visibility.
      100 E Oak Street, Yantis, TX 75497
      View Details
    • $200,000

      Updated Commercial Building in Yantis

      Turnkey commercial building with high visibility and updated features.
      100 E Oak Street, Yantis, TX 75497
      View Details
    • $378,900

      Expansive Land Parcel Near Lake Fork

      18.71-acre parcel near Lake Fork, suitable for development or residence.
      0000 FM 514 Road, Yantis, TX 75497
      View Details
    • $59,900

      Land in Waterfront Resort Community

      Two lots in White Oak Shores resort community.
      6435 N Fm 17, Yantis, TX 75497
      View Details
    • $104,500

      Land with Private Pond Near Lake

      2.98-acre lot with pond near Lake Fork.
      Lot 23 FM 514 Road, Yantis, TX 75497
      View Details
    • $95,900

      Cleared Land Near Lake Fork

      3.7 acre lot near Lake Fork and Dallas Metroplex.
      Lot 12 FM 514 Road, Yantis, TX 75497
      View Details
    • $68,500

      Lake Fork RV Lots

      Four lots in gated RV community near Lake Fork.
      Lots 514-517 Elm (White Oak Shores) Street, Yantis, TX 75497
      View Details
    • $122,900

      Wooded Land in Yantis, TX

      3.70 acres of wooded land, ideal for home or getaway.
      0 County Road 1879, Yantis, TX 75497
      View Details
    • $355,000

      6.03 Acres in Yantis, TX

      Unimproved land suitable for residential or commercial development.
      00 FM 515, Yantis, TX 75497
      View Details
    • $355,000

      6.03 Acres in Yantis, TX

      Unimproved land suitable for residential or commercial development.
      00 Fm 515, Yantis, TX 75497
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Four lots near Lake Fork with RV and utilities.
    Where is this residential land & home lot located?
    The property is located at Lots 407 408 429 430 5808 Yantis, TX.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Lake Fork Access: Short walk or golf cart ride to Lake Fork, known for premier bass fishing.; Gated Community with Amenities: Sun Eagle Bay offers a swimming pool, boat ramps, fishing pier, playground, picnic area, restrooms, and dump station.; Multiple Lots: Four lots with access from two roads (PR 5808 and PR 5809).
    (903) 785-8457
    We can help!
    Listing Contact
    Karen Marsh
    Karen Marsh
    Real Estate License ID: 0541391
    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
    Lots 407,408,429,430 5808, Yantis, TX 75497
    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!