Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7405 County Road 1830 Crockett, TX 75835

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $269,900

    Unrestricted 21-acre tract with utilities and potential.

    Lot size:
    21.00 Acres

    Property Features for 7405 County Road 1830

    General Information

    Lot size
    21.00 Acres

    We can help!

    Listing Contact
    Eliesa Wright
    Source: Elliman

    Listing Agent: Eliesa Wright

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

    Learn more

    Property Insight Report

    Overview

    21 Acres in Latexo ISD

    This 21+/- acre tract is located in Latexo. The land is unrestricted. A home is situated on the property, requiring cleanup but possessing structural integrity for potential habitation with some work. Alternatively, the property is suitable for building a custom home or placing a mobile home, with all utilities in place. The hay pasture at the front of the property has been cut and baled yearly with a good production, or it would make a suitable pasture for livestock. There are some woods with a pond, making it ideal for wildlife. The property is located in Crockett, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Crockett
    County
    Houston
    State
    Texas
    Longitude
    -95.457872
    Latitude
    31.415048

    Nearby Similar for Sale

    • $2,300,000
      21,122 SF

      Assisted Living Facility For Sale

      Established assisted living facility with high occupancy in Crockett, TX.
      1154 Loop East, Crockett, TX 75835
      View Details
    • $1,400,000
      12,125 SF

      Turn-Key Medical Center in Crockett

      Expansive medical center with advanced operating rooms and ample parking.
      200 Renaissance Way, Crockett, TX 75835
      View Details
    • $2,375,000
      12,600 SF

      Prime Loop 304 Frontage Property

      4-acre property with extensive infrastructure and 12,600 sq.ft. buildings.
      1530 Loop East, Crockett, TX 75835
      View Details
    • $1,500,000
      6,000 SF

      Established Automotive Repair Business For Sale

      Automotive repair business with equipment on 1.84 acres.
      2200 S 4Th St, Crockett, TX 75835
      View Details
    • $540,000
      2,500 SF

      Energy-Efficient Office Building on Highway

      2,500 sq ft office building with high traffic location.
      2108 N 4Th St, Crockett, TX 75835
      View Details
    • $389,500
      4,400 SF

      Historic Crockett Office Building For Sale

      4400 sq ft office building in historic downtown Crockett.
      519/521 East Goliad Ave, Crockett, TX 75801
      View Details
    • $4,965,000
      665.25 Acres

      Expansive Ranch Bordering National Forest

      665+ acre ranch with pastures, ponds, and home.
      2679 Cr 4140, Crockett, TX 75835
      View Details
    • $399,000
      11,495 SF

      Versatile Commercial Building in Crockett, TX

      Three-story commercial building with retail and office/residential potential.
      513 East Houston Ave, Crockett, TX 75835
      View Details
    • $195,000
      6,819 SF

      Prime Commercial Property in Crockett

      High-visibility commercial property in Crockett, Texas, ideal for retail/office.
      201 E Houston Ave, Crockett, TX 75835
      View Details
    • $550,000
      7,760 SF

      Downtown Crockett Mixed-Use Building

      Two-story building in downtown Crockett with office and apartment spaces.
      100 N 5Th St, Crockett, TX 75835
      View Details
    • $155,000
      2,880 SF

      Downtown Crockett Commercial Building

      Income-producing retail building near downtown Crockett square.
      201 N 4Th St, Crockett, TX 75835
      View Details
    • $425,000
      4,965 SF

      Turn-Key Bar/Restaurant/Venue in Crockett, TX

      Versatile commercial space with bar, seating, dance floor, and patio.
      229 East Goliad Ave, Crockett, TX 75835
      View Details

    FAQs

    What type of property is this?
    Farm - Unrestricted 21-acre tract with utilities and potential.
    Where is this farm located?
    The property is located at 7405 County Road 1830 Crockett, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - 21+/- unrestricted acres in Latexo ISD.; - Existing home with great bones, ready for renovation.; - All utilities are already in place.
    (281) 347-3000
    Request Owner's contact information
    7405 County Road 1830 Crockett, TX 75835
    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.
    7405 County Road 1830
    Crockett, TX 75835
    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
    7405 County Road 1830 Crockett, TX 75835
    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

    We can help!
    Listing Contact
    Eliesa Wright
    Real Estate License ID: 0683280
    (281) 347-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.