Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sulphur Springs Waterfront Land Opportunity Title is generated by Realmo AI

    105 Dolly Road, Sulphur Springs, TX 75482

    View on Map
    Claim this Listing
    For Sale
    $69,000

    LAND - Sulphur Springs, TX

    Lot size:
    2.46 Acres
    Added:
    May 20, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 105 Dolly Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed
    Standard status
    Active
    APN
    R000026485
    Lot size
    2.46 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 2.457 LOT: LOT: 57 SUBD: HONEYSUCKLE C
    Tax Annual Amount
    772

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Waterfront, Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Wendi Conley

    Listing agent Wendi Conley License #0631249

    Listing office eXp Realty LLC Austin, TX

    Listing date May 20, 2026

    MLS# 21247794 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

    • Lakefront property with direct water access
    • Opportunity to build a custom home
    • Located in the desirable HoneySuckle Creek neighborhood
    • Scenic beauty and a friendly, secluded atmosphere
    • Expansive lot suitable for various home styles
    • Well‑maintained surroundings with a commitment to preserving the natural landscape

    Overview

    This 2.457-acre waterfront land is located in the HoneySuckle Creek neighborhood of Sulphur Springs, TX. The property offers an opportunity to build a custom retreat with water access to the neighborhood lake. The HoneySuckle Creek community is known for its scenic beauty and friendly atmosphere. The lot provides space for a sprawling estate, a cottage, or a contemporary home designed to capture the surrounding views. The neighborhood boasts well-maintained surroundings and a commitment to preserving the natural landscape. Properties with this level of lake proximity and neighborhood charm are a rare find in today's market. This is the foundation for a lifetime of memories. From the vibrant colors of the changing seasons to the tranquil reflections on the lake, the beauty here is constant and captivating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur Springs
    County
    Hopkins
    State
    Texas
    Longitude
    -95.567
    Latitude
    33.1779

    Nearby Similar for Sale

    • $899,250

      Historic Restaurant & Bar Building

      Historic building with multiple entrances, a bar/venue layout, and a buildable upper level for added business use.
      124 Main Street, Sulphur Springs, TX 75482
      View Details
    • $250,000

      Self-Serve Car Wash Redevelopment Site

      Highly visible 4-bay car wash site offers value-add redevelopment or modernization opportunities for service and flex uses.
      592 S League, Sulphur Springs, TX 75482
      View Details
    • $599,000

      Heavy Commercial Development Land

      Zoned Heavy Commercial with multi-directional frontage and utility access, positioned near major retail anchors for strong tenant demand.
      16 Acres S Broadway Street, Sulphur Springs, TX 75482
      View Details
    • $750,000

      Shovel-Ready Interstate Frontage Land

      5.28-acre commercial tract with access from three sides and frontage along I-30 and Loop 301 in Sulphur Springs.
      1545 E Industrial, Sulphur Springs, TX 75482
      View Details
    • $160,000

      Leased Office Building with Parking

      Currently leased office space with bathroom and small storage, plus an asphalt-paved lot for convenient customer and employee parking.
      620 Main Street, Sulphur Springs, TX 75482
      View Details
    • $389,000

      Zoned Commercial Retail Site

      Two parcels sold together, including a commercially zoned site, near downtown Sulphur Springs.
      300 W Hinnant Street, Sulphur Springs, TX 75482
      View Details
    • $350,000

      Heavy Commercial Land with Multi-Side Frontage

      Multi-road frontage heavy commercial tract with utility access and strong visibility near major retail anchors.
      3 Acres S Broadway Street, Sulphur Springs, TX 75482
      View Details
    • $1,938,340
      8,000 SF

      Unrestricted Highway-Front Land

      Large tract with substantial Highway 19 frontage, pasture improvements, and flexible, unrestricted uses outside city limits.
      N Highway 19, Sulphur Springs, TX 75482
      View Details

    FAQs

    What type of property is this?
    Land - 2.457 acre waterfront lot in HoneySuckle Creek neighborhood.
    Where is this land located?
    The property is located at 105 Dolly Road Sulphur Springs, TX.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Lakefront property with **direct water access**; Opportunity to build a custom home; Located in the desirable HoneySuckle Creek neighborhood
    (888) 519-7431
    We can help!
    Listing Contact
    Wendi Conley
    Real Estate License ID: 0631249
    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
    105 Dolly Road, Sulphur Springs, TX 75482
    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!