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

    119 NE County Road 2190, Kerens, TX 75144

    View on Map
    Claim this Listing
    For Sale
    $138,000

    LAND - Kerens, TX

    Lot size:
    2.43 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 6 at 9:06 am

    Property Features for 119 NE County Road 2190

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Gate
    Standard status
    Active
    APN
    120305
    Lot size
    2.43 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Edgar Ochoa

    Listing agent Edgar Ochoa License #0785583

    Listing office eXp Realty, LLC Austin, TX

    Listing date Jan 28, 2026

    MLS# 21164380 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

    • 2.425‑acre lot with gate fencing
    • Public water available
    • Located about 5 minutes from Kerens
    • About 10 minutes from Richland Chambers Lake
    • Quick access to major roads and highways

    Overview

    This offering is a 2.425-acre residential land lot presented as a blank canvas for building. The property is set up to support country-style living with open space and privacy, giving you flexibility in how you plan your home site. Whether your goal is to settle in long term or to hold land for future opportunity, this lot is positioned as a practical, build-ready option.

    Located at 119 NE County Road 2190 in Kerens, Texas (Navarro County), the property places you just 5 minutes from Kerens for everyday convenience. For recreation and time outdoors, Richland Chambers Lake is about 10 minutes away. The listing also notes quick access to major roads and highways, which can make commuting and weekend getaways more manageable.

    For buyers seeking room to build without giving up proximity to town amenities, this lot fits well as a straightforward residential development site. Investors looking for land in a desirable rural-to-convenient pocket may also find the combination of acreage, privacy, and nearby access appealing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kerens
    County
    Navarro
    State
    Texas
    Longitude
    -96.257491
    Latitude
    32.132095

    Nearby Similar for Sale

    • $1,750,000

      Ranch and Hunting Land with Shop

      150+ acre tract with electricity, water, and an existing shop, suited to hunting, cattle, and weekend use.
      150 +- Acres Highway 31, Kerens, TX 75144
      View Details
    • $125,000

      Turnkey Waterfront RV Lot

      Turnkey waterfront RV lot with a concrete pad, water stairs, and installed utilities in a gated Peninsula Point community.
      6454 Peninsula Road, Kerens, TX 75144
      View Details
    • $368,500

      Waterfront Lot with Open-Water Views

      Build a custom lake home or retreat on a waterfront lot with mature trees and an existing retaining wall.
      Embarcadero lot: 32, Kerens, TX 75144
      View Details
    • $228,000

      Dockable Waterfront Development Lot

      Gated lakeside lot with dock capability and scenic waterfront access in a small, restricted subdivision.
      Oasis Drive lot: 2, Kerens, TX 75144
      View Details
    • $3,783,391

      Hunting and Recreational Land with River

      Wooded Trinity River property with stocked tanks, a small cabin, and pasture areas for grazing and outdoor recreation.
      12387 County Road 3120, Kerens, TX 75144
      View Details
    • $153,900

      Improved Waterfront Lot in Gated Community

      Ready-to-use waterfront lot with dock, retaining wall, and utility hookups in a gated community.
      2058 Pelican Isle Drive, Kerens, TX 75144
      View Details
    • $199,000

      Turnkey Lakefront Land Retreat

      Lakefront lot in a gated community with onsite concrete pad and RV included for immediate weekend use.
      Peninsula Road lot: 68, Kerens, TX 75144
      View Details
    • $100,000

      Cleared Homesite with Mature Trees

      A 6-acre cleared tract with mature trees, offering a private setting for a custom home or recreational retreat.
      12631 County Road 3270, Kerens, TX 75144
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A spacious acreage lot in a rural setting, minutes from Kerens and close to Richland Chambers Lake recreation.
    Where is this residential land & home lot located?
    The property is located at 119 NE County Road 2190 Kerens, TX.
    What is the asking price?
    The asking price for this property is $138,000.
    What are key features of this property?
    This property features: 2.425‑acre lot with gate fencing; Public water available; Located about 5 minutes from Kerens
    (888) 519-7431
    We can help!
    Listing Contact
    Edgar Ochoa
    Real Estate License ID: 0785583
    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
    119 NE County Road 2190, Kerens, TX 75144
    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!