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

    TBD 120 Second St., Queen City, TX 75572

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at TBD 120 Second St., Queen City, TX
    For Sale
    Contact for pricing

    LAND - Queen City, TX

    Lot size:
    0.32 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    60
    Last Refresh:
    May 22 at 2:06 am

    Property Features for TBD 120 Second St.

    General Information

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

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Stuart Smith

    Listing agent Stuart Smith License #637164

    Listing office Superior Realty 506 W Main St., Texarkana, TX

    Listing date Mar 24, 2026

    MLS# 101092 Listing URL

    Copyright © 2026 Texarkana Board 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

    • Affordable home sites priced at $7,500.
    • Located in the Queen City ISD.
    • Curbed streets and mature shade trees enhance the neighborhood's appeal.
    • Public water and sewer available.
    • Centrally located with access to churches, schools, and shopping.
    • Peaceful neighborhood setting.

    Overview

    This residential lot is located in the Spring Valley Subdivision in Queen City, Texas. The neighborhood features curbed streets and mature shade trees. The property is situated within the Queen City Independent School District and offers convenient access to churches, schools, and shopping. The Spring Valley Subdivision is centrally located in the Queen City area. The lot size is approximately 0.32 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Department Store Storage Facility Discount Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Queen City
    County
    Cass
    State
    Texas
    Longitude
    -94.148262
    Latitude
    33.171524

    Nearby Similar for Sale

    • $166,500
      1,200 SF

      Restaurant Property on Highway 59

      Turnkey restaurant opportunity on busy Highway 59 in Queen City.
      508 N Hwy. 59, Queen City, TX 75572
      View Details
    • $590,000
      13,000 SF

      Versatile Commercial Property on Highway 59

      Adaptable commercial space with high visibility and multiple potential uses.
      16879 Hwy 59 N, Queen City, TX 75572
      View Details
    • $74,900
      600 SF

      Office and Shop Space

      Commercial property with office and shop space on one acre.
      605 Howard St., Queen City, TX 75572
      View Details
    • $200,000

      Prime Commercial Lot on Highway

      0.67-acre vacant lot on Highway 59 in Atlanta, Texas.
      303 N Hwy 59, Queen City, TX 75572
      View Details
    • $490,800

      East Texas Timberland Parcel

      122 acres of timberland near Queen City, Texas.
      CR 3774, Queen City, TX 75572
      View Details
    • $110,000

      Queen City Commercial Land

      Four acres of commercial property on US Hwy 59.
      299 Hwy 59, Queen City, TX 75572
      View Details
    • $310,000

      Commercial Land on Highway 59

      4.15 acre commercial land with highway frontage in Queen City.
      Hwy 59, Queen City, TX 75572
      View Details
    • $440,000

      80 Acres of Texas Land

      Heavily wooded 80-acre tract ideal for hunting and recreation.
      FM 2327, Queen City, TX 75572
      View Details
    • $80,000

      Queen City Land Parcel

      10-acre land parcel for sale in Queen City, TX.
      Pine Wilderness Dr., Queen City, TX 75572
      View Details
    • $74,900
      1,450 SF

      Office and Shop Space

      Commercial property with office and shop space on one acre.
      605 Howard St, Queen City, TX 75572
      View Details
    • $12,500

      Queen City Home Site

      Home site available in Stone Brook Estates neighborhood.
      TBD (603 Stoneridge, Queen City, TX 75572
      View Details
    • $12,500

      Queen City Home Site

      Home site in established Queen City neighborhood.
      TBD (601 Stoneridge Drive, Queen City, TX 75572
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in a peaceful neighborhood with mature shade trees.
    Where is this residential land & home lot located?
    The property is located at TBD 120 Second St. Queen City, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Affordable home sites priced at $7,500.; Located in the Queen City ISD.; Curbed streets and mature shade trees enhance the neighborhood's appeal.
    (903) 824-2281
    We can help!
    Listing Contact
    Stuart Smith
    Real Estate License ID: 637164
    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
    TBD (120 Second St., Queen City, TX 75572
    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!