Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Lake Fork Access Title is generated by Realmo AI

    Tbd PVT 5948 Street, Yantis, TX 75497

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

    Improved Land - Yantis, TX

    Lot size:
    1.01 Acres
    Added:
    Jan 2, 2026
    Days on Market:
    144
    Last Refresh:
    May 26 at 7:06 am

    Property Features for Tbd PVT 5948 Street

    General Information

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

    Listing agent Tom Hendricks License #0721107

    Listing office Janet Martin Realty 1325 S Broadway St., Sulphur Springs, TX

    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.

    HighLights

    • 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.
    • Located in a peaceful, private, gated community with concrete streets and a security gate.
    • Minutes from Yantis, TX, offering small‑town living.
    • Short drive to Sulphur Springs for dining, shopping, and entertainment.

    Overview

    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 Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Yantis
    County
    Wood
    State
    Texas
    Longitude
    -95.6052611
    Latitude
    32.9005097

    Nearby Similar for Sale

    • $799,000

      Lake Fork Development Opportunity

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

      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
    • $50,000

      Lake Fork Retreat Ready To Go

      Two fenced lots with RV near Lake Fork amenities.
      Lot 167-168 Private Road 5821, 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
    • $60,000

      Lake Fork Gated Community Lots

      Two lots in a gated waterfront community on Lake Fork.
      Lot 91-92 Private Road 5800, Yantis, TX 75497
      View Details
    • $60,000

      Lake Fork Waterfront Community Lots

      Two lots in gated community with park model.
      Lot 91-92 Private Road 5800, 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
    • $255,000

      18-Acre Ag-Exempt Land Near Lake Fork

      Ag-exempt land near Lake Fork, ideal for building or recreation.
      1940 County Road 1800, Yantis, TX 75497
      View Details
    • $35,000

      Land For Sale in Yantis

      Two adjacent lots totaling 0.09 acres in Yantis, Texas.
      Lot 135 & 136 Private Road 5819, 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 Street 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
    We can help!
    Listing Contact
    Tom Hendricks
    Real Estate License ID: 0721107
    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 PVT 5948 Street, 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!