Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rusk County Land For Sale Title is generated by Realmo AI

    Tbd-b FM 2867, Henderson, TX 75654

    View on Map
    Claim this Listing
    For Sale
    $99,000

    Unimproved Land - Henderson, TX

    Type:Unimproved Land
    Lot size:
    11.10 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    42
    Last Refresh:
    May 26 at 6:06 pm

    Property Features for Tbd-b FM 2867

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    926
    Lot size
    11.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Wes Kilpatrick

    Listing agent Wes Kilpatrick License #0591248

    Listing office Morris Land Brokers 223 S Dr M Roper Pkwy, Bullard, TX

    Listing date Apr 15, 2026

    MLS# 21240915 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

    • 11.096‑acre property offers ample space for building or farming.
    • Located just 8 miles from Henderson, providing convenient access to amenities.
    • Wide‑open pasture land with clean, usable ground.
    • Features a small pond for relaxation and wildlife observation.
    • Direct frontage on FM 2867 ensures easy access.
    • Ideal for a forever home, weekend getaway, or escaping the city.

    Overview

    This 11.096-acre property in Rusk County is located 8 miles from Henderson. The tract features wide-open pasture land suitable for building a home or starting a small farm. The land is usable and ready. A small pond adds charm and function. With direct frontage on FM 2867, the property offers easy access while maintaining rural privacy. It is suited to escaping the city, building a forever home, or creating a weekend getaway.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.6781861
    Latitude
    32.1196178

    Nearby Similar for Sale

    • $600,000

      Commercial Land in Henderson, Texas

      Prime commercial corner lot in Henderson, TX, for sale.
      .921 ac N US Hwy 79, Henderson, TX 75652
      View Details
    • $725,000
      2,500 SF

      East Texas Ranch Property

      50.45 acre ranch with equestrian facilities near Henderson.
      1519 E Main Street, Henderson, TX 75652
      View Details
    • $429,000

      Secluded Ranch Retreat

      48-acre ranch with hardwoods, pasture, pond, and well-kept home.
      16649 County Road 4252D, Henderson, TX 75654
      View Details
    • $360,000

      Income-Producing Tiny Home Investment

      Four modern tiny homes on 3.41 wooded acres.
      4008 County Road 407 S, Henderson, TX 75654
      View Details
    • $250,000

      Historic Building in Downtown Henderson

      Historic four-story building suitable for bank, retail, office, or apartments.
      202 E Main Street, Henderson, TX 75652
      View Details
    • $1,108,000

      Unimproved Land in Henderson, Texas

      1.598 acres of commercial land for sale.
      420 N US Hwy 79, Henderson, TX 75652
      View Details
    • $490,000

      Henderson, TX Pad Site Opportunity

      Former fast-food restaurant pad site along main retail corridor.
      500 US Highway 79 N, Henderson, TX 75652
      View Details
    • $100,000

      Residential Land Near Lake Striker

      4.16-acre tract near Henderson, TX, ready for new home.
      15061 S County Rd 4255, Henderson, TX 75654
      View Details
    • $14,500

      Residential Development Opportunity in Henderson

      Wooded lot in established neighborhood, ready for residential development.
      125 Jenkins St, Henderson, TX 75654
      View Details
    • $100,000

      Lakefront Land in Henderson, Texas

      Two wooded lots on Lake Striker, ideal for recreation.
      000 CR 4256, Henderson, TX 75654
      View Details
    • $90,000

      Land in Rusk County, TX

      6-acre homesite near Henderson and Tyler, Texas.
      02 FM 2867, Henderson, TX 75654
      View Details
    • $290,000
      720 SF

      East Texas Secluded Getaway

      18.39-acre property with cabin, creek, and abundant wildlife.
      9190 County Road 2136 N, Henderson, TX 75652
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 11.096 acres of pasture land near Henderson, Texas.
    Where is this agricultural land / farmland located?
    The property is located at Tbd-b FM 2867 Henderson, TX.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 11.096‑acre property offers ample space for building or farming.; Located just 8 miles from Henderson, providing convenient access to amenities.; Wide‑open pasture land with clean, usable ground.
    (936) 585-2706
    We can help!
    Listing Contact
    Wes Kilpatrick
    Real Estate License ID: 0591248
    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
    Tbd-b FM 2867, Henderson, TX 75654
    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!