Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    00 County Rd 359 Winona, TX 75792

    View on Map
    Claim this Listing
    For Sale
    $807,500

    Rural Acreage - Winona, TX

    Lot size:
    85.00 Acres
    Added:
    Jan 6, 2026
    Days on Market:
    122
    Last Refresh:
    May 8 at 6:06 am

    Property Features for 00 County Rd 359

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeremy Caruthers

    Listing agent Jeremy Caruthers License #0627529

    Listing office Drake Real Estate & Investments 11621 CR 166, Tyler, TX

    Listing date Jan 6, 2026

    MLS# 25000924 Listing URL

    Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.85 Acres of Land with Development Potential
    • Subdividable for increased versatility
    • Extensive Road Frontage: Approximately 2,300 feet on County Road 359
    • Utilities Available: On‑site electricity and water
    • Wooded Terrain: Enhances privacy and wildlife habitat
    • Gladewater ISD: Great for families and residential development

    Overview

    85 Acres in Winona, Texas

    This expansive 85-acre property in Winona, Texas, presents opportunities for development, recreation, or investment. The land can be divided into separate tracts, offering versatility for various visions. The property features approximately 2,300 feet of frontage on County Road 359, providing accessibility and subdivision potential. The wooded terrain includes mixed timber, offering privacy, natural beauty, and wildlife habitat, suitable for hunting or a private retreat. Water is provided by Star Mountain Water Supply Company, and electricity is available on-site, adding convenience for future development. Located within Gladewater ISD, the property is suitable for family-oriented developments or residential use. This property is a rare opportunity in Winona, Texas, suitable for a private estate, recreational hunting property, or a multi-use development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Garden Center Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winona
    County
    Smith
    State
    Texas
    Longitude
    -95.118459
    Latitude
    32.505149

    Nearby Similar for Sale

    • $290,000

      29 Acres Development Opportunity, Winona

      29 acres in Winona, TX, with utilities, dividable for development.
      0 CR 359, Winona, TX 75792
      View Details
    • $1,121,000

      118 Acres in Winona, Texas

      Expansive property with development, recreation, or investment potential.
      0 County Rd 356, Winona, TX 75792
      View Details
    • $675,000

      Winona Hunting and Recreational Property

      265-acre hunting and recreational property near Winona, Texas.
      000 CR 354, Winona, TX 75792
      View Details
    • $720,000

      Winona, TX Rural Acreage

      40+ acres of versatile rural land in Winona, TX.
      11810 County Rd 3101, Winona, TX 75792
      View Details
    • $90,000

      Winona, TX Residential Lot

      1.737-acre lot in Winona, Texas, ideal for a private oasis.
      16724 CAELI HEIGHTS COURT (LOT 13), Winona, TX 75792
      View Details
    • $47,975

      2.5 Acres Vacant Land, Winona

      2.5-acre vacant lot suitable for a new home.
      Lot 4 FM 757, Winona, TX 75792
      View Details
    • $218,900

      Winona, TX Acreage For Sale

      18.69 acre tract in Winona ISD near Tyler.
      16682 County Road 367, Winona, TX 75792
      View Details
    • $49,650

      Winona, TX Vacant Land

      2.61 acre lot ready for new home or investment.
      Lot 5 FM 757, Winona, TX 75792
      View Details
    • $1,995,000

      143 Acres with Stocked Lake

      Premier East Texas land with lake, creeks, and road frontage.
      0 FM 16, Winona, TX 75792
      View Details
    • $1,995,000

      East Texas Ranch with Lake

      143-acre Winona, TX ranch featuring a 16-acre stocked lake.
      0 FM 16, Winona, TX 75792
      View Details
    • $44,650

      Cleared Land Ready For Development

      2.35 acre lot near Winona, TX, ready for development.
      Lot 2 FM 757, Winona, TX 75792
      View Details
    • $244,000

      East Texas Land Near Tyler

      Unrestricted 17.7 acres with utilities, road access, and wildlife.
      17584 Fm 1252, Winona, TX 75792
      View Details

    FAQs

    What type of property is this?
    Land - Expansive property with development, recreation, or investment potential in Winona, Texas.
    Where is this land located?
    The property is located at 00 County Rd 359 Winona, TX.
    What is the asking price?
    The asking price for this property is $807,500.
    What are key features of this property?
    This property features: 1.85 Acres of Land with Development Potential; Subdividable for increased versatility; **Extensive Road Frontage:** Approximately 2,300 feet on County Road 359
    (903) 581-3737
    We can help!
    Listing Contact
    Jeremy Caruthers
    Real Estate License ID: 0627529
    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
    00 County Rd 359, Winona, TX 75792
    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!