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

    0tbd Yellowstone, Whitney, TX 76692

    View on Map
    Claim this Listing
    New
    For Sale
    $950,000

    Waterfront land with approved three-phase development plans and conveyable permitting for expedited site progress.

    Type:Commercial Lots & Land
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:47 am

    Property Features for 0tbd Yellowstone

    General Information

    Standard status
    Active
    Property subtype
    Commercial Lots & Land

    We can help!

    Listing Contact
    Antoinette Ratliff

    Listing agent Antoinette Ratliff License #0728371

    Listing office Texas Premier Realty

    Listing date Jun 3, 2026

    Source Signaturere

    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 Texas Premier Realty

    HighLights

    • Lake Whitney waterfront land with approved three‑phase development plans
    • Owner has a full set of development plans that can convey with the sale
    • TxDOT approval is included for the project
    • County has approved existing three‑phase development for quicker site progress
    • Conveyable approvals for water meters and sewer indicated via a neighboring lot arrangement

    Overview

    This offering is waterfront land presented for development, with the owner able to convey a full set of development plans. The listing states there is approval from TxDOT for the project, along with County approval for an existing three-phase development. The property is described as having site groundwork and approvals already addressed to support moving forward promptly.

    The developer-focused materials referenced in the remarks include approval related to utilities. The listing notes that the adjacent lot was donated to Hilco from the owner, resulting in full approval for water meters and sewer. The property is right on Lake Whitney, and the remarks emphasize the overall challenge of finding Lake Whitney waterfront land.

    For developers and operators seeking a project with planning momentum, the appeal here is the stated ability to move quickly with plans and approvals that can convey. The seller also indicates that, while the current development concept is supported by approvals, doing something completely different may be possible, subject to further discussion. Interested parties should request additional details and documentation available with the project and schedule a showing to review the development plan set and approval status.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Auto Parts Store Department Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitney
    County
    Hill
    State
    Texas
    Longitude
    -97.389672
    Latitude
    31.949899

    Nearby Similar for Sale

    • $2,500,000

      Turnkey Bar and Restaurant

      Fully equipped bar and restaurant with updated interior and exterior improvements, positioned near Lake Whitney for steady demand.
      3261 Fm 933, Whitney, TX 76692
      View Details
    • $875,000
      13,362 SF

      Retail Property with Vacant Space

      Retail property with Family Dollar and vacant, remodeled space.
      309 S Bosque Street, Whitney, TX 76692
      View Details
    • $339,900

      Live-Work Office and Residence

      Versatile live-work setup with a climate-controlled workshop garage, reception space, private office, and business-ready frontage.
      5528 Fm 933, Whitney, TX 76692
      View Details
    • $130,000

      Commercial Land with Road Frontage

      An accessible, high-visibility lot on FM 1713 with utilities in place and flexible access for business or development.
      1023 Fm 1713, Whitney, TX 76692
      View Details
    • $2,750,000

      Lake-View Ranch with Development Potential

      Turnkey working ranch with a large home, livestock facilities, and elevated build sites with Lake Whitney views.
      338 Hcr 2124 Loop, Whitney, TX 76692
      View Details
    • $2,600,000

      Lake Whitney Resort Investment Opportunity

      Fifteen-unit complex in White Bluff Resort near Lake Whitney.
      17094 Trailwood Drive, Out Of Area, TX 76692
      View Details
    • $259,750

      Commercial Development Land with Utilities

      Flexible land on a dedicated road with city water and sewer in place for commercial or residential development.
      Sims Drive, Whitney, TX 76692
      View Details
    • $648,130

      Recreational Acreage with Ponds

      A rural tract with pasture, mature trees, and multiple ponds—well suited for hunting, wildlife viewing, or a weekend retreat.
      HCR 2115, Whitney, TX 76692
      View Details
    • $800,000

      Lakefront RV Park with Storage

      Well-kept lakefront RV park with secured entry, full hookups, and multiple on-site income streams.
      128 Yellowstone Drive, Whitney, TX 76692
      View Details
    • $389,250

      Commercial and Residential Development Land

      Two tracts separated by a dedicated road offer flexible development with city water and sewer already in place.
      Sims Drive, Whitney, TX 76692
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront land with approved three-phase development plans and conveyable permitting for expedited site progress.
    Where is this waterfront land located?
    The property is located at 0tbd Yellowstone Whitney, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Lake Whitney waterfront land with approved three‑phase development plans; Owner has a full set of development plans that can convey with the sale; TxDOT approval is included for the project
    (903) 519-7175
    We can help!
    Listing Contact
    Antoinette Ratliff
    Real Estate License ID: 0728371
    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
    0tbd Yellowstone, Whitney, TX 76692
    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!