Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Sale Title is generated by Realmo AI

    TBD Lot 2 E Lumpkin Street, Meridian, TX 76665

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land available for purchase in Meridian, Texas.

    Type:Land
    Added:
    Sep 4, 2025
    Days on Market:
    276
    Last Refresh:
    Mar 28 at 1:12 am

    Property Features for TBD Lot 2 E Lumpkin Street

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Bryson Swiggart

    Listing agent Bryson Swiggart License #0634498

    Listing office Charles Keyes Broker

    Listing date Sep 4, 2025

    Source Evrealestate

    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 Charles Keyes Broker

    HighLights

    • Bosque County location
    • See Map for Directions
    • No Fencing

    Overview

    This land is available for sale in Bosque County. See map for directions.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Bosque
    State
    Texas
    Longitude
    -97.648647
    Latitude
    31.925124

    Nearby Similar for Sale

    • $210,000

      Flex Workshop Building

      Zoned commercial flex/workshop with an office, restroom, and large open work bay for trade-based operations and customization.
      102 Short Street, Meridian, TX 76665
      View Details
    • $750,000

      River View Duplex Investment

      Well-maintained duplex property with consistently rented two-bedroom layouts and income-focused unit configuration.
      710 Erath Street, Meridian, TX 76665
      View Details
    • $250,000

      Four-Bay Car Wash Opportunity

      Well-maintained four-bay car wash with an ice and water machine designed for efficient daily operations.
      108 E Morgan, Meridian, TX 76665
      View Details
    • $1,995,000

      Waterfront Recreational Land Retreat

      Private Bosque River frontage with a masonry home, pool, and a separate apartment building set on expansive acreage.
      395 County Rd 2530, Meridian, TX 76665
      View Details
    • $6,629,385

      Recreational Cattle Ranch Acreage

      Large multi-entrance ranch with diverse terrain, ponds, and production grasses for cattle operations and hunting recreation.
      771 County Road 2130, Meridian, TX 76665
      View Details
    • $895,000

      Riverfront Retreat Land

      Riverfront acreage with a remodeled, fully furnished cabin, barn, pond, and grass fields for a private recreation-ready escape.
      377 County Road 2530, Meridian, TX 76665
      View Details
    • $475,000

      Ranch Land with Road Frontage

      41+ acres with multi-side road frontage, multiple ingress approaches, and utilities for farm and ranch use.
      1249 County Road 2357, Meridian, TX 76665
      View Details
    • $290,000

      Agricultural Land with Barns

      Unrestricted acreage in Bosque County with multiple barns and open space for livestock, storage, or future improvements.
      598 County Road 2137, Meridian, TX 76665
      View Details
    • $117,500

      4 Acres Ready for Development

      Unimproved 4-acre lot with utilities in Meridian, Texas.
      TBD Lot 15 E Lumpkin Street, Meridian, TX 76665
      View Details
    • $275,000

      Other Specialty Commercial Property

      For sale specialty commercial property on a 0.43-acre lot, offering flexibility for a range of uses.
      514 W Morgan Highway W, Meridian, TX 76665
      View Details

    FAQs

    What type of property is this?
    Land - Land available for purchase in Meridian, Texas.
    Where is this land located?
    The property is located at TBD Lot 2 E Lumpkin Street Meridian, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Bosque County location; See Map for Directions; No Fencing
    (817) 832-4273
    We can help!
    Listing Contact
    Bryson Swiggart
    Real Estate License ID: 0634498
    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
    TBD Lot 2 E Lumpkin Street, Meridian, TX 76665
    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!