Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11.5+/- FM 92 S Woodville, TX 75979

    View on Map
    For Sale
    $97,000

    Land/Acreage - Woodville, TX

    Lot size:
    11.50 Acres
    Added:
    Aug 19, 2025
    Days on Market:
    233
    Last Refresh:
    Apr 8 at 11:06 pm

    Property Features for 11.5+/- FM 92 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Na Not Applicable
    Standard status
    Active
    Lot size
    11.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dylan Lepard

    Listing agent Dylan Lepard

    Listing office Martindale Real Estate Investments PO Box 551, Woodville, TX

    Listing date Aug 19, 2025

    MLS# 65106072 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.

    Overview

    Wooded Land Near Lake Steinhagen

    This 11.5-acre property features densely wooded land accessible from FM 92 and CR 4190. The untouched acreage offers privacy and seclusion, presenting potential for a homesite, weekend retreat, or recreational use. The property is located near Lake Steinhagen, providing opportunities for boating, fishing, and other outdoor activities. The site benefits from road access and a rural setting. Additional acreage and a home are available for purchase.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Woodville
    County
    Tyler
    State
    Texas
    Longitude
    -94.1998988
    Latitude
    30.8094747

    Nearby Similar for Sale

    • $598,000
      2,700 SF

      Turnkey Restaurant on Highway 69

      Fully functional restaurant for sale on Hwy 69.
      307 Magnolia, Woodville, TX 75979
      View Details
    • $598,000
      2,700 SF

      Restaurant on Hwy 69 For Sale

      Fully functional restaurant on Hwy 69 with equipped kitchen.
      307 N Magnolia Street, Woodville, TX 75979
      View Details
    • $14,899

      Residential Land Near Lake Tristan

      0.20-acre lot with lake access and city utilities.
      Lot 12 17th Street, Woodville, TX 75979
      View Details
    • $14,900

      Wooded Lot Near Lake Galahad

      0.31-acre wooded lot in Lake Galahad community.
      Lot 35 N Friar Tuck Drive, Woodville, TX 75979
      View Details
    • $49,999

      3.06 Acres Unrestricted Land

      Unrestricted 3.06-acre property with two wells in Woodville, TX.
      5989 Fm 92 S, Woodville, TX 75979
      View Details
    • $9,899

      Land Near Lake Tristan, Woodville

      0.17-acre lot near three private lakes in Woodville, TX.
      Lot 8 Sir Ewaine Drive, Woodville, TX 75979
      View Details
    • $9,900

      Wooded Corner Lot Near Lakes

      0.18-acre wooded lot in Lake Galahad community, Woodville, TX.
      Lot 26 Buckingham Drive, Woodville, TX 75979
      View Details
    • $141,500

      Prime Commercial Land Near Retail

      2.7 acres of flat, accessible land near major retailers.
      TBD 01 Cobb Mill Road, Woodville, TX 75979
      View Details
    • $1,010,061

      231 Acres of Unimproved Land

      Unimproved land with rolling topography and easy access.
      0 US 69, Woodville, TX 77664
      View Details
    • $75,000

      Prime Commercial Land Opportunity

      8-acre tract with highway access, ideal for development.
      24499 S Magnolia St, Woodville, TX 75979
      View Details
    • $18,500

      Residential Land in Woodville, Texas

      Land in a resort-style community with lakes and wooded areas.
      LOT 17,18 Chanticleer Drive, Woodville, TX 75979
      View Details
    • $18,500

      Residential Lots in Woodville, TX

      Residential lots in a resort-style community with lakes and woods.
      LOT 36&37 15th Street, Woodville, TX 75979
      View Details

    FAQs

    What type of property is this?
    Land - 11.5 acres of wooded land ideal for recreation or homesite.
    Where is this land located?
    The property is located at 11.5+/- FM 92 S Woodville, TX.
    What is the asking price?
    The asking price for this property is $97,000.
    What are key features of this property?
    This property features: 11.5 acres of densely wooded land offering privacy and seclusion.; Excellent potential for a homesite, weekend retreat, or recreational use.; Conveniently located near Lake Steinhagen for boating, fishing, and outdoor activities.
    (901) 229-6154
    We can help!
    Listing Contact
    Dylan Lepard
    Real Estate License ID: 0746918
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!