Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    28.25 Acres in Diboll, TX Title is generated by Realmo AI

    1888 FM 1818, Diboll, TX 75941

    View on Map
    Claim this Listing
    For Sale
    $375,000

    LAND - Diboll, TX

    Lot size:
    28.25 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    77
    Last Refresh:
    Jun 3 at 4:06 am

    Property Features for 1888 FM 1818

    General Information

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

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Tim Brookshire
    Tim Brookshire

    Listing agent Tim Brookshire License #TREC 0584029

    Listing office Brookshire Real Estate P.O. Box 153936, Lufkin, TX

    Listing date Mar 19, 2026

    MLS# 70012429 Listing URL

    Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 28.25 acres of land suitable for development or private estate.
    • Income‑generating potential with existing rental home ($1,000/month).
    • Ample road frontage ideal for subdivision.
    • Mix of mature pine trees and scattered hardwoods for a private setting.
    • Public water source available.
    • Located on FM 1818 in Diboll, TX.

    Overview

    This 28.25-acre property on FM 1818 in Diboll, Texas, presents diverse opportunities. The land features a combination of mature pine trees and scattered hardwoods, creating a private setting suitable for a future homesite or development. The tract's road frontage makes it suitable for a potential subdivision or private estate. An existing home, built in 1966, is located near the frontage and has recently generated $1,000 per month in rental income for the seller. The home could be retained for rental income during development or building. This versatile property offers both income potential and long-term upside in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Diboll
    County
    Angelina
    State
    Texas
    Longitude
    -94.7807858
    Latitude
    31.1922292

    Nearby Similar for Sale

    • $499,500

      Commercial Property in Diboll, Texas

      Commercial property with frontage, visibility, and redevelopment potential.
      100 E Borden, Diboll, TX 75941
      View Details
    • $1,199,000
      1,874 SF

      Versatile Commercial Property with Residence

      High-visibility commercial property with remodeled home for residence or rental.
      8166 Hwy 59 S, Diboll, TX 75949
      View Details
    • $1,500,000

      Prime Land on Highway 59

      32.544 acres with highway frontage, ideal for commercial development.
      PID 96924 US Hwy 59 S, Diboll, TX 75941
      View Details
    • $150,000

      Commercial Land Near I-69 Bypass

      Commercial land ready for development near I-69.
      220 FM 1818, Diboll, TX 75941
      View Details
    • $265,900

      Riverfront Land South of Diboll

      17.7 acres with highway and river frontage near Diboll.
      R 30099 Hwy 59 S, Diboll, TX 75941
      View Details
    • $37,995

      Residential Lot in Fairview Community

      Private 1.17-acre lot ready for custom or manufactured home.
      467 Jape Massingill Lane, Diboll, TX 75941
      View Details
    • $120,000

      2.5 Acre Commercial Lot

      2.5 acre lot suitable for residential or commercial use.
      1594 N Temple Drive, Diboll, TX 75941
      View Details
    • $100,000

      Commercial Land in Diboll, Texas

      Commercial property suitable for development fronting FM 1818.
      306 FM 1818, Diboll, TX 75941
      View Details
    • $25,000

      Residential Lot in Rolling Hills

      1.14-acre lot in established Diboll neighborhood.
      PID 96952 MEMORY LANE, Diboll, TX 75941
      View Details
    • $300,000

      Prime Commercial Land in Diboll

      1.7 acres of commercial land on busy FM 1818.
      282 FM 1818, Diboll, TX 75941
      View Details
    • $89,000

      5 Acres of Scenic Land

      5 acres of land in a peaceful rural setting.
      151047 CC Road, Diboll, TX 75941
      View Details
    • $79,900

      Residential Land Near Golf Course

      3.48 acres ready for a new home.
      3.48 Roberts Lane, Diboll, TX 75941
      View Details

    FAQs

    What type of property is this?
    Land - 28.25 acres of East Texas land with income potential.
    Where is this land located?
    The property is located at 1888 FM 1818 Diboll, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 28.25 acres of land suitable for development or private estate.; Income‑generating potential with existing rental home ($1,000/month).; Ample road frontage ideal for subdivision.
    (936) 675-2719
    We can help!
    Listing Contact
    Tim Brookshire
    Tim Brookshire
    Real Estate License ID: TREC 0584029
    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
    1888 FM 1818, Diboll, TX 75941
    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!