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

    475 Cherokee Trail Lovelady, TX 78683

    View on Map
    Claim this Listing
    New
    For Sale
    $139,000

    Unimproved Land - Lovelady, TX

    Type:Unimproved Land
    Lot size:
    10.01 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    2
    Last Refresh:
    May 1 at 3:06 pm

    Property Features for 475 Cherokee Trail

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    40235
    Lot size
    10.01 Acres

    Taxes and HOA fees

    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Glenda Hall
    Glenda Hall

    Listing agent Glenda Hall License #0578236

    Listing office UCRE Heart of Texas Land & Home 3001 W Waco, Waco, TX

    Listing date Apr 30, 2026

    MLS# 20582501 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Texas Land For Sale

    Located in the countryside of Lovelady in Houston County, this 10.01-acre property on Cherokee Trail offers space and privacy. Surrounded by mature East Texas timberland and native trees, the setting provides a country living experience while remaining conveniently close to Crockett and Huntsville. The property is AG exempted and suitable for a weekend retreat, country home, recreational land, or Texas land investment. This location is ideal for a private homesite, hunting property, or investment acreage. Buyers are targeting this area for affordable rural land, recreational properties, and long-term land holds, making this a strong position in one of Texas’ most active rural markets.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Lovelady
    County
    Houston
    State
    Texas
    Longitude
    -95.4717743
    Latitude
    31.1477858

    Nearby Similar for Sale

    • $524,286

      Beautiful Acreage Homesite Opportunity

      27+ acre property near Lovelady, TX with great views.
      3145 FM 1280W, Lovelady, TX 75851
      View Details
    • $143,000

      Unrestricted Wooded Land in Lovelady

      13 acres of unrestricted land in Lovelady, Texas.
      CR 4090, Lovelady, TX 75851
      View Details
    • $435,666

      53 Acres of Ranch Land

      53.13 acres perfect for a home, horses, and cattle.
      968 Cr 3490, Lovelady, TX 75851
      View Details
    • $140,000

      Residential Land in Lovelady, TX

      10.01 acre residential land perfect for building a home.
      1475 Southfield Trail, Lovelady, TX 75851
      View Details
    • $985,803

      Recreational Land with Creek Frontage

      93.89 acres with creek, ideal for hunting or recreation.
      TBD CR 3470, Lovelady, TX 75851
      View Details
    • $199,999

      10 Acres in Southfield Ranch

      10-acre property in Southfield Ranch Subdivision with mature trees.
      Ranchside Court, Lovelady, TX 75851
      View Details
    • $132,500

      Lovelady, TX Acreage For Sale

      10.01 acre tract in Lone Star Ridge subdivision.
      350 Williamson Way, Lovelady, TX 75851
      View Details
    • $149,000

      Lovelady Acreage with Creek

      10.66 acres with creek, ideal for home or recreation.
      Tract #7 FM 1280E, Lovelady, TX 75851
      View Details
    • $445,800

      74-Acre Ranch in Lovelady, TX

      74.3-acre cattle ranch with ponds near Weldon, Texas.
      TBD CR 3495, Lovelady, TX 75851
      View Details
    • $139,000

      Lovelady, Texas 10-Acre Land

      10-acre tract in Southfield Ranch near Huntsville and I-45.
      Lot #23 Southfield Trail, Lovelady, TX 75851
      View Details
    • $267,800

      Lovelady, TX Recreational/Hunting Land

      41.2 acre recreational and hunting land near Lovelady, TX.
      TBD FM 1280E, Lovelady, TX 75851
      View Details
    • $304,900

      Secluded Acreage in Weldon, TX

      20.66-acre property perfect for building a dream home.
      3012 PR 8160, Lovelady, TX 75851
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10.01 acres in Lovelady, TX ideal for weekend retreat.
    Where is this agricultural land / farmland located?
    The property is located at 475 Cherokee Trail Lovelady, TX.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: AG Exempted land offers potential tax benefits.; Ideal for weekend retreat, country home, recreational land, or investment.; Located in a high‑demand area near Huntsville and Crockett.
    (254) 362-5370
    We can help!
    Listing Contact
    Glenda Hall
    Glenda Hall
    Real Estate License ID: 0578236
    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

    475 Cherokee Trail, Lovelady, TX 78683

    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!