Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18375 FM 2661 Flint, TX 75762

    View on Map
    Claim this Listing
    New
    For Sale
    $329,000

    Rural Acreage - Flint, TX

    Lot size:
    14.90 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 30 at 10:06 pm

    Property Features for 18375 FM 2661

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    14.90 Acres

    Taxes and HOA fees

    Tax Annual Amount
    36.07

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Bert Powell

    Listing agent Bert Powell License #0252659

    Listing office Powell Properties 416 S Sunny Lane, Tyler, TX

    Listing date Apr 24, 2026

    MLS# 25015709 Listing URL

    Copyright © 2026 Greater Tyler Association 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.

    Overview

    14.9 Acres in Flint, Texas

    This 14.9-acre tract of land is located in Flint, Texas, a short drive from Lake Palestine and 15 minutes south of Tyler. The wooded property is positioned to offer privacy while remaining accessible to shopping and dining in Tyler. Lake Palestine provides opportunities for fishing and boating. The land includes electricity access, a raw water line, and a creek on one side. This property is located in Smith County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Hair Salon Pharmacy Hotel & Motel Storage Facility HVAC Service Electrical Service Barber Shop Cosmetic Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.44639
    Latitude
    32.22026

    Nearby Similar for Sale

    • $525,000

      Cleared Land Ready For Development

      5-acre tract in Flint, TX, ready for immediate development.
      20942 State Highway 155 S, Flint, TX 75762
      View Details
    • $599,000
      960 SF

      Versatile Commercial Property in Flint, TX

      Commercial property with office, shop, and covered storage on 4.587 acres.
      10203 C R 135, Flint, TX 75762
      View Details
    • $460,000
      2,760 SF

      Flint, TX Duplex Investment

      Well-maintained duplex in Flint, TX, offering income potential.
      15135 County Road 1103, Flint, TX 75762
      View Details
    • $599,900
      3,180 SF

      Castle-Style Estate in Flint, TX

      Unique castle-style estate with business potential in the heart of Flint.
      19045 CR 139, Flint, TX 75762
      View Details
    • $600,000

      Prime Land Available on HWY 155

      Unimproved land with utilities in place, suitable for various uses.
      20175 S Hwy 155 LOT C1, Flint, TX 75762
      View Details
    • $1,000,000

      Cleared Acreage in Flint, Texas

      19+ acre tract ready for development in Flint, Texas.
      17446 PINTAIL DR, Flint, TX 75762
      View Details
    • $175,000

      Waterfront Lot on Lake Palestine

      Build your dream lake home on this .38-acre waterfront lot.
      22693 Creekwood Dr, Flint, TX 75762
      View Details
    • $650,000

      Land Near Kim's C-Store

      Approximately 1 acre of land for sale in Flint, TX.
      000 Hwy 155, Flint, TX 75762
      View Details
    • $350,000

      Unimproved Land in Flint, TX

      0.92 acre of commercial land for sale in Flint, TX.
      20175 S Hwy 155 LOT E1, Flint, TX 75762
      View Details
    • $190,000

      Commercial Land with Lake View

      Prime commercial land with lake views and income potential.
      21284 HWY 155 S, Flint, TX 75762
      View Details
    • $241,900

      Land with Lake Palestine Views

      Four-acre tract with lake views, ideal for custom home.
      20995 Cr-189, Flint, TX 75762
      View Details
    • $2,100,000

      21 Acres on Highway 155

      21-acre tract with highway frontage, suitable for various development projects.
      18021 State Highway 155 S, Flint, TX 75762
      View Details

    FAQs

    What type of property is this?
    Land - 14.9 acre wooded tract near Lake Palestine and Tyler.
    Where is this land located?
    The property is located at 18375 FM 2661 Flint, TX.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: Large 14.9 acre wooded tract, ideal for building a new home with privacy and seclusion.; Excellent location: short drive to Lake Palestine.; Only 15 minutes South of Tyler.
    (903) 216-6366
    We can help!
    Listing Contact
    Bert Powell
    Real Estate License ID: 0252659
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!