Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Creekside Farms Land Opportunity Title is generated by Realmo AI

    000 Morris Lane, Livingston, TX 77351

    View on Map
    Claim this Listing
    For Sale
    $69,900

    Unique property near Livingston with towering pines and creek border.

    Type:Land or Vacant Lot
    Lot size:
    3.83 Acres
    Added:
    May 3, 2024
    Days on Market:
    765
    Last Refresh:
    May 10 at 8:31 pm

    Property Features for 000 Morris Lane

    General Information

    Standard status
    Active
    Lot size
    3.83 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    ROBBI FLACK

    Listing agent ROBBI FLACK License #0691470

    Listing office HOMELAND PROPERTIES, INC

    Listing date May 3, 2024

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HOMELAND PROPERTIES, INC

    HighLights

    • Secluded and private wooded property with creek border.
    • Easy access to Livingston and Hwy 59 for amenities and commuting.
    • Mixture of terrain and diverse ecosystem with native hardwoods, wildlife, and plant species.
    • Electricity readily available.
    • Ideal for full‑time homestead or weekend getaway.
    • Opportunity to own a unique property in East Texas.

    Overview

    Creekside Farms, specifically Lot 3, presents an opportunity to own property near Livingston, characterized by towering pines, rolling terrain, and a creek border. The wooded area features a mixed open understory. The creekside supports native hardwoods, wildlife, and plant species. Electricity is readily available. Creekside Farms offers seclusion with convenient access to amenities. Highway 59 is easily accessible for commutes to Houston. This property is suitable for a homestead or weekend getaway.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Livingston
    County
    Polk
    State
    Texas
    Longitude
    -94.8234
    Latitude
    30.7431

    Nearby Similar for Sale

    • $699,000

      Livingston Commercial Property on Highway

      Income-producing office property with highway frontage and workshop.
      7899 US Hwy 190 W, Livingston, TX 77351
      View Details
    • $1,013,250

      Unrestricted Land Near Lake Livingston

      25 acres with residential, recreational, agricultural, and commercial potential.
      L202905 FM 350 S, Livingston, TX 77351
      View Details
    • $777,000

      Recreational Hunting Ranch Acreage

      140 acres in Polk County with rolling timber, creek frontage, and year-round access for hunting and recreation.
      Segno Fire Lane, Livingston, TX 77351
      View Details
    • $836,200

      Hunting Land with Creek Frontage

      Approx. 148 acres with rolling terrain, Double Branch Creek frontage, and established trails for year-round access and wildlife habitat.
      Segno Fire Lane, Livingston, TX 77351
      View Details
    • $149,899

      Lake Livingston Village Corner Lot

      0.09-acre corner lot with utilities and Lake Livingston access.
      Ithica lot: 101, Livingston, TX 77351
      View Details
    • $550,050

      Unrestricted Land Near Lake Livingston

      12.5 unrestricted acres with residential, recreational, and commercial potential.
      L202905 #2 FM 350 S, Livingston, TX 77351
      View Details
    • $699,000

      Highway Frontage Development Opportunity

      6.5 acre property with highway frontage near Lake Livingston.
      5855 US Highway 190 W, Livingston, TX 77351
      View Details
    • $179,997

      Unrestricted Land Near Lake Livingston

      15.83 acres of unrestricted land in Polk County, Texas.
      152 Maze Road, Livingston, TX 77351
      View Details
    • $210,000

      Wooded Recreational Acreage Tract

      11.98-acre wooded tract offers interior trails, a central clearing, and road frontage for hunting, camping, or future use.
      Oakdale Loop, Livingston, TX 77351
      View Details
    • $2,099,000

      429 Acres of Natural Beauty

      429 acres of marketable timber and hunting land near Livingston.
      PID 69934 Duff Rd, Livingston, TX 77351
      View Details
    • $673,920

      Cleared Land in Medical Community

      8+/- acre cleared land parcel near Livingston Hospital, unzoned.
      8 West Park Drive, Livingston, TX 77351
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unique property near Livingston with towering pines and creek border.
    Where is this agricultural land / farmland located?
    The property is located at 000 Morris Lane Livingston, TX.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Secluded and private wooded property with creek border.; Easy access to Livingston and Hwy 59 for amenities and commuting.; Mixture of terrain and diverse ecosystem with native hardwoods, wildlife, and plant species.
    (936) 295-2500
    We can help!
    Listing Contact
    ROBBI FLACK
    Real Estate License ID: 0691470
    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
    000 Morris Lane, Livingston, TX 77351
    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!