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

    Hwy 190 T-7 Woodville, TX 75979

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with frontage on Highway 190 and county road.

    Type:Land
    Added:
    Aug 23, 2024
    Days on Market:
    619
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for Hwy 190 T-7

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Andy Flack

    Listing agent Andy Flack License #344465

    Listing office HomeLand Properties

    Listing date Aug 23, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of HomeLand Properties

    Overview

    Woodville Land with Highway Frontage

    This property, offered on the open market for the first time, was historically owned by major timber companies. It features frontage on both Highway 190 and a low-traffic, county-maintained red gravel road. The land includes a thinned pine plantation situated on sloping to rolling topography. The property is high and dry, making it suitable for multiple uses.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Woodville
    County
    Tyler
    State
    Texas
    Longitude
    -94.4448
    Latitude
    30.7643

    Nearby Similar for Sale

    • $598,000
      2,700 SF

      Turnkey Restaurant on Highway 69

      Fully functional restaurant for sale on Hwy 69.
      307 Magnolia, Woodville, TX 75979
      View Details
    • $598,000
      2,700 SF

      Restaurant on Hwy 69 For Sale

      Fully functional restaurant on Hwy 69 with equipped kitchen.
      307 N Magnolia Street, Woodville, TX 75979
      View Details
    • $14,899

      Residential Land Near Lake Tristan

      0.20-acre lot with lake access and city utilities.
      Lot 12 17th Street, Woodville, TX 75979
      View Details
    • $14,900

      Wooded Lot Near Lake Galahad

      0.31-acre wooded lot in Lake Galahad community.
      Lot 35 N Friar Tuck Drive, Woodville, TX 75979
      View Details
    • $49,999

      3.06 Acres Unrestricted Land

      Unrestricted 3.06-acre property with two wells in Woodville, TX.
      5989 Fm 92 S, Woodville, TX 75979
      View Details
    • $9,899

      Land Near Lake Tristan, Woodville

      0.17-acre lot near three private lakes in Woodville, TX.
      Lot 8 Sir Ewaine Drive, Woodville, TX 75979
      View Details
    • $9,900

      Wooded Corner Lot Near Lakes

      0.18-acre wooded lot in Lake Galahad community, Woodville, TX.
      Lot 26 Buckingham Drive, Woodville, TX 75979
      View Details
    • $141,500

      Prime Commercial Land Near Retail

      2.7 acres of flat, accessible land near major retailers.
      TBD 01 Cobb Mill Road, Woodville, TX 75979
      View Details
    • $1,010,061

      231 Acres of Unimproved Land

      Unimproved land with rolling topography and easy access.
      0 US 69, Woodville, TX 77664
      View Details
    • $75,000

      Prime Commercial Land Opportunity

      8-acre tract with highway access, ideal for development.
      24499 S Magnolia St, Woodville, TX 75979
      View Details
    • $440,000

      Custom Home on Rolling Acres

      Traditional home on 8.4 acres with lush landscaping.
      763 Cr 1010, Woodville, TX 75979
      View Details
    • $18,500

      Residential Lots in Woodville, TX

      Residential lots in a resort-style community with lakes and woods.
      LOT 36&37 15th Street, Woodville, TX 75979
      View Details

    FAQs

    What type of property is this?
    Land - Land with frontage on Highway 190 and county road.
    Where is this land located?
    The property is located at Hwy 190 T-7 Woodville, TX.
    What is the asking price?
    The asking price for this property is $431,200.
    What are key features of this property?
    This property features: Easy access and **good frontage on Highway 190**.; Thinned pine plantation over good sloping to rolling topography.; Historically owned by major timber companies.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Andy Flack
    Real Estate License ID: 344465
    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

    Hwy 190 T-7, Woodville, TX 75979

    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!