Property profile

2 State Highway 87 Newton, TX 75966

OFF-MARKET
Land
Property ID
US82-Q075917
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Property summary

AI-generated overview

This property consists of undeveloped land with historical ownership by industry timber companies and includes frontage on State Highway 87, which supports convenient highway access. Electricity is available along the highway. The property is planted with a mature pine plantation interspersed with scattered hardwoods, as indicated by aerial imagery. The acreage and irregular shape are configured to support fencing, and the site is suited for residential homesite and recreational use. To the best of the available knowledge, the land is clean and does not include pipelines, rights-of-way, easements, or well sites.

Property profile

Verified
Property type Land
UPID US82-Q075917

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 State Highway 87 Newton, TX 75966
Newton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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