Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Tbd Pvt 5948 St Yantis, TX 75497

    Sponsored
    For Sale
    $65,000

    Improved Land - Yantis, TX

    Lot size:
    1.01 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 21 at 10:06 am

    Property Features for Tbd Pvt 5948 St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Lot 19
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    1.01 Acres

    Utilities

    Water front features
    Lake Front - Common Area, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Hendricks

    Janet Martin Realty (903) 885-1234

    Listing agent Tom Hendricks (903) 885-1234 License #0721107

    Listing date Jan 2, 2026

    MLS# 21142637 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.

    Learn more

    Property Insight Report

    Overview

    Land with Lake Fork Access

    This property features an over 1 acre lot (143 x 221) situated within a gated subdivision, offering access to Lake Fork via a private boat ramp and fishing pier for community members. The lot is ready for a custom home within this peaceful, private gated community. The area provides ample space for walking and exercise on quiet streets. Located minutes from Yantis, Texas, the property benefits from concrete streets, a security gate that closes at night, utilities, and high-speed fiber internet, offering city amenities without the congestion. Yantis is described as a small East Texas family-oriented community in the center of the Lake Fork area, with a short drive to Sulphur Springs, Texas, for dining, shopping, and entertainment at Celebration Plaza.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Yantis
    County
    Wood
    State
    Texas
    Longitude
    -95.60526108
    Latitude
    32.90050965

    Nearby Similar for Sale

    • $68,500
      0.19 Acres

      Lake Fork RV Lots

      Four lots in gated RV community near Lake Fork.
      514-517 Elm White Oak Shr St, Yantis, TX 75497
      View Details
    • $50,000
      0.08 Acres

      Lake Fork RV Retreat

      Two fenced lots with RV near Lake Fork amenities.
      167-168 Private Road 5821, Yantis, TX 75497
      View Details
    • $50,000
      0.09 Acres

      Lake Fork RV Ready Property

      Two fenced lots with RV and amenities near Lake Fork.
      167-168 Private Road 5821, Yantis, TX 75497
      View Details
    • $250,000
      0.49 Acres

      Remodeled Restaurant on Main Street

      Established cafe in Yantis, TX, near Lake Fork.
      108 S Main St, Yantis, TX 75497
      View Details
    • $200,000
      0.11 Acres

      Updated Commercial Building in Yantis

      Turnkey commercial building with high visibility and updated features.
      100 E Oak St, Yantis, TX 75497
      View Details
    • $200,000
      0.11 Acres

      Turnkey Commercial Building in Yantis

      Updated 750 sq ft commercial building with high visibility.
      100 E Oak St, Yantis, TX 75497
      View Details
    • $110,000
      2.12 Acres

      Residential Land in Yantis, Texas

      Residential land available in Yantis, Texas.
      10 Cr 1952, Yantis, TX 75497
      View Details
    • $114,900

      Lake Fork RV Lots

      Three RV lots near Lake Fork with included RVs.
      6435 477, Yantis, TX 75497
      View Details
    • $1,351,875
      10,500 SF

      Family Dollar & Dollar Tree

      2022 Family Dollar & Dollar Tree combo store for sale.
      Yantis, TX
      View Details
    • Contact for pricing
      23,300 SF

      Yantis Self Storage Facility

      23,300 SF storage facility in Yantis, Texas.
      126 S Main St, Yantis, TX 75497
      View Details
    • $674,000

      Yantis, TX Agricultural Property

      Agricultural property for sale in Yantis, Texas.
      1256 County Road 1792, Yantis, TX 75497
      View Details
    • $250,000
      1,620 SF

      Yantis Restaurant - Turnkey Opportunity

      Established Cafe, Highway 154 Frontage
      108 Main St, Yantis, TX 75497
      View Details

    FAQs

    What type of property is this?
    Land - Over 1 acre lot in gated community near Lake Fork.
    Where is this land located?
    The property is located at Tbd Pvt 5948 St 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: - Over 1 acre lot in a gated community with Lake Fork access.; - Private boat ramp and fishing pier for community members.; - Ready for custom home construction with utilities and high-speed fiber internet.
    (903) 885-1234
    Request Owner's contact information
    Tbd Pvt 5948 St Yantis, TX 75497
    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.
    Tbd Pvt 5948 St
    Yantis, TX 75497
    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
    Tbd Pvt 5948 St Yantis, TX 75497
    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

    We can help!
    Listing Contact
    Tom Hendricks
    Real Estate License ID: 0721107
    (903) 885-1234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.