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

    Booker St Kaufman, TX 75142

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    2.433 acres in Kaufman, TX, ideal for senior housing.

    Lot size:
    2.43 Acres

    Property Features for Booker St

    General Information

    Lot size
    2.43 Acres

    Building Details

    Year built
    2022

    We can help!

    Listing Contact
    Shane Hendrix
    Source: Elliman

    Listing Agency: M&D Real Estate Listing Agent: Shane Hendrix

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

    Learn more

    Property Insight Report

    Overview

    Kaufman, TX Land for Sale

    This 2.433-acre property is available for sale in Kaufman, Texas, situated on the hard corner of Booker Street and Carver Street. The location is approximately half a mile from US-175, which has a traffic volume of 8,120 vehicles per day, and 1.5 miles from SH-34, with a traffic volume of 14,446 vehicles per day. It is also located 1.5 miles from Texas Health Presbyterian Hospital. Zoned for Multi-Family Senior Housing, building development plans are available for the buyer. The site is centrally located in one of the fastest growing counties in the nation, making it suitable for senior housing. All utilities, including water and electricity, are already on site. Environmental and feasibility studies have been completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Kaufman
    County
    Kaufman
    State
    Texas
    Longitude
    -96.318335
    Latitude
    32.588659

    Nearby Similar for Sale

    • $1,100,000
      4,149 SF

      Kaufman Ranch with Equestrian Amenities

      19.8-acre ranch featuring a renovated home and extensive equestrian facilities.
      1814 Cr 121, Kaufman, TX 75142
      View Details
    • $2,999,999
      6,031 SF

      Modern Farm Homes on 77 Acres

      Two modern farmhouses on 77 acres near Dallas.
      11859 County Road 124, Kaufman, TX 75142
      View Details
    • $13,656,000
      843.00 Acres

      Kaufman Ranch with Event Venues

      843-acre ranch featuring lodging, pavilions, and development potential.
      9039 Fm 1895, Kaufman, TX 75142
      View Details
    • $1,799,900
      9,832 SF

      Income-Producing Daycare on 27 Acres

      Turnkey daycare business with residence, barn, ponds, and expansion potential.
      9555 County Road 155, Kaufman, TX 75142
      View Details
    • $920,000
      31.21 Acres

      Kaufman Ranch with Ag Exemption

      31-acre country paradise with ponds, barn, and improved pastures.
      1578 County Road 278, Kaufman, TX 75142
      View Details
    • $1,799,900
      2,690 SF

      Income-Producing Ranch with Daycare Business

      27+ acre ranch featuring a home and operational daycare business.
      9549 County Road 155, Kaufman, TX 75142
      View Details
    • $650,000
      24.30 Acres

      Expansive Ranch Property in Oak Grove

      24-acre ranch with pasture, pond, and livestock included.
      Palmer Ln, Kaufman, TX 75142
      View Details
    • $839,900
      2,002 SF

      Kaufman Farm/Ranch on 43 Acres

      4-bed, 2-bath home on 43 acres with stocked pond.
      10393 County Road 4027, Kaufman, TX 75142
      View Details
    • $700,000
      0.27 Acres

      Income-Generating Multifamily Property in Kaufman

      Fully tenanted multifamily property with upgrade potential in Kaufman, Texas.
      301 W Chestnut St, Kaufman, TX 75142
      View Details
    • $1,100,000
      1,090 SF

      Kaufman County Barndominium and Ranch

      29-acre ag-exempt farm/ranch with partially finished barndominium.
      5052 S Fm 148, Kaufman, TX 75142
      View Details
    • $729,000
      23.00 Acres

      Kaufman Land Ideal for Ranching

      23-acre ranch land with utilities and structures near Kaufman, TX.
      1111 Cr 161, Kaufman, TX 75142
      View Details
    • $275,000
      0.46 Acres

      Historic Church Building For Sale

      116-year-old church on half acre needing renovation.
      1504 E 1St North St, Kaufman, TX 75142
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.433 acres in Kaufman, TX, ideal for senior housing.
    Where is this commercial land located?
    The property is located at Booker St Kaufman, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Zoned for Multi-Family Senior Housing with building development plans available.; - Site ready with all utilities on site (water and electricity).; - Located in a fast-growing county.
    Request Owner's contact information
    Booker St Kaufman, TX 75142
    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.
    Booker St
    Kaufman, TX 75142
    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
    Booker St Kaufman, TX 75142
    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
    Shane Hendrix
    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.