Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Woodland Acres Lake View Lots Title is generated by Realmo AI

    TBD Lake Shore Drive, Grapeland, TX 75844

    View on Map
    Claim this Listing
    For Sale
    $55,000

    Land/Acreage - Grapeland, TX

    Lot size:
    0.63 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    95
    Last Refresh:
    May 18 at 9:06 am

    Property Features for TBD Lake Shore Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.63 Acres

    Taxes and HOA fees

    Expense value
    150
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy Lawrence
    Nancy Lawrence

    Listing agent Nancy Lawrence

    Listing office Lawrence Realty 586 East Loop 304, Crockett, TX

    Listing date Feb 12, 2026

    MLS# 22601176 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.

    HighLights

    • Double lot totaling 0.6341 acres.
    • Water‑view lots in the desirable Woodland Acres Subdivision.
    • Located at Houston County Lake, known for excellent bass and crappie fishing.
    • Good access with frontage on Lake Shore Drive and Lake View Drive.
    • Private boat launch for residents.
    • Perfect spot to build your dream lake home.

    Overview

    This 0.6341-acre double lot is located in the Woodland Acres Subdivision at Houston County Lake. The property has frontage on Lake Shore Drive and Lake View Drive, providing multiple access points for positioning a home. Residents have access to a private boat launch. Houston County Lake is known for its bass and crappie fishing. This property is intended for building a lake home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Grapeland
    County
    Houston
    State
    Texas
    Longitude
    -95.4177
    Latitude
    31.4982

    Nearby Similar for Sale

    • $1,499,900
      3,489 SF

      Grapeland Ranch with Two Homes

      95-acre ranch featuring two homes, barns, and recreational amenities.
      689 & 691 FM 1272, Grapeland, TX 75844
      View Details
    • $699,900
      1,880 SF

      Grapeland Farm and Ranch Property

      43.11 acre farm with home and barns near Grapeland.
      5257 Farm to Market Road 228, Grapeland, TX 75844
      View Details
    • $1,495,000

      East Texas Wooded Paradise

      83-acre Grapeland, TX property with lake, trails, and renovated home.
      649 An County Road 1215, Grapeland, TX 75844
      View Details
    • $225,000

      Commercial Land on US-287

      5-acre commercial land with frontage on US-287 and BUS-287.
      00 US 287, Grapeland, TX 75844
      View Details
    • $225,000
      3,200 SF

      Grapeland Commercial Property on Highway

      2.43-acre commercial property with 3,200 sq.ft. metal building.
      12756 N US Highway 287, Grapeland, TX 75844
      View Details
    • $735,000

      Grapeland Land with Development Potential

      108+ acres in Grapeland, TX, suitable for various uses.
      00 Farm to Market Road 2022, Grapeland, TX 75844
      View Details
    • $1,122,375

      Grapeland Cattle Ranch with Pastureland

      Cattle ranch near Grapeland with improved pasture and natural springs.
      485 Private Rd 6142, Grapeland, TX 75844
      View Details
    • $1,499,900
      3,489 SF

      105 Acres with Two Homes

      Ideal for horses, cattle, or agricultural use.
      689 & 691 Fm 1272, Grapeland, TX 75844
      View Details
    • $755,000

      Grapeland, TX - Unimproved Land

      131.16 acre property suitable for agriculture, recreation, or homestead.
      00 County Road 2180, Grapeland, TX 75844
      View Details
    • $39,996

      Grapeland, TX Unimproved Land

      2.12-acre property with utilities, mature trees, and community boat ramp.
      8900 FM 229, Grapeland, TX 75844
      View Details
    • $579,000

      Ranch Property on Spacious Homesite

      Ranch-style property with spacious living, suitable for horses/cattle.
      1549 County Road 1650, Grapeland, TX 75844
      View Details
    • $549,700

      54 Acres in Grapeland, TX

      54-acre property perfect for recreation, hunting, or building a home.
      County Road 1208, GRAPELAND, TX 75839
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.6341-acre double lot in Woodland Acres Subdivision.
    Where is this residential land & home lot located?
    The property is located at TBD Lake Shore Drive Grapeland, TX.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Double lot totaling 0.6341 acres.; Water‑view lots in the desirable Woodland Acres Subdivision.; Located at Houston County Lake, known for excellent bass and crappie fishing.
    (936) 546-4182
    We can help!
    Listing Contact
    Nancy Lawrence
    Nancy Lawrence
    Real Estate License ID: 0499239
    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 Lake Shore Drive, Grapeland, TX 75844
    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!