Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5 Johnson Dr Livingston, TX 77351

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $433,200

    36.1 acre tract in Grand Oaks Subdivision, Livingston, Texas.

    Lot size:
    36.10 Acres

    Property Features for 5 Johnson Dr

    General Information

    Standard status
    Active
    Lot size
    36.10 Acres

    We can help!

    Listing Contact
    Hailey Mcclendon
    Source: Corcoran

    Listing Agency: THE COX COMPANY, REAL ESTATE GROUP Listing Agent: Hailey Mcclendon

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

    Learn more

    Overview

    Livingston, Texas Acreage in Subdivision

    This 36.1-acre tract is located in the newly developed Grand Oaks Subdivision in Livingston, Texas, specifically in the FM 350 North area. The property is part of an exclusive community featuring 10 private tracts. This livestock-friendly property offers the opportunity to create a homestead while maintaining the planned neighborhood's elegance. The location provides access to town, shopping, dining, and schools.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Building Supply Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Polk
    State
    Texas
    Longitude
    -94.953905
    Latitude
    30.766782

    Nearby Similar for Sale

    • $350,000

      Commercial Building with Rental Potential

      Commercial building with reception, baths, and multiple rooms.
      116 E 4Th St, Livingston, TX 77351
      View Details
    • $875,000
      14,220 SF

      Livingston Office Building For Sale

      Office building with established tenants and canopy, for sale.
      2101 N Washington Ave, Livingston, TX 77351
      View Details
    • Contact for pricing
      8,360 SF

      Historic Building in Downtown Livingston

      Historic building on 0.49 acres in downtown Livingston, Texas.
      312 N Washington Ave, Livingston, TX 77351
      View Details
    • $2,539,800
      5,848 SF

      Turn-Key Restaurant Opportunity

      Fully built-out Mexican restaurant for sale in Livingston, TX.
      100 Southpoint Dr, Livingston, TX
      View Details
    • $1,700,000
      64,682 SF

      Retail Property with Income Potential

      Retail property with existing tenants and available space.
      1402 N Washington Ave, Livingston, TX 77351
      View Details
    • $449,000

      Secluded Acreage with Pond and Barn

      16+ acre property with pond, barn, and living quarters.
      1080 Andrew Jackson Dr, Livingston, TX 77351
      View Details
    • $750,000

      Move-In Ready Home with Outbuildings

      Home with metal buildings near Livingston and Lake Livingston.
      7839 U S Highway 190 W, Livingston, TX 77351
      View Details
    • $445,000

      Secluded Country Property Near Livingston

      56+/- acre property ideal for home, farm, or recreation.
      290 Red Holw, Livingston, TX 77351
      View Details
    • $515,000

      24-Acre Farm with Pastures

      Farm property featuring pastures, woods, and a vintage farmhouse.
      2764 Richardson Rd E, Livingston, TX 77351
      View Details
    • $575,000

      38+ Acres Tree Farm

      Recognized tree farm with harvest-ready pines and pecan trees.
      13136 Fm 943, Livingston, TX 77351
      View Details
    • $180,000

      Lake Livingston Townhouse with Amenities

      Move-in ready, fully furnished 2-bedroom townhouse with lake access.
      325 Carolcrest Ln, Livingston, TX 77351
      View Details
    • $550,000
      2,656 SF

      Barndo on Fenced Acreage

      Two-bedroom barndo on 10.5 fenced acres with horse barn.
      392 Robert E Lee Ln, Livingston, TX 77351
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 36.1 acre tract in Grand Oaks Subdivision, Livingston, Texas.
    Where is this agricultural land / farmland located?
    The property is located at 5 Johnson Dr Livingston, TX.
    What is the asking price?
    The asking price for this property is $433,200.
    What are key features of this property?
    This property features: - Large 36.1 acre tract in an exclusive, newly developed subdivision.; - Located in the desirable FM 350 North area of Livingston, Texas.; - Livestock-friendly property suitable for creating a dream homestead.
    (936) 327-1264
    Request Owner's contact information
    5 Johnson Dr Livingston, TX 77351
    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.
    5 Johnson Dr
    Livingston, TX 77351
    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
    5 Johnson Dr Livingston, TX 77351
    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

    We can help!
    Listing Contact
    Hailey Mcclendon
    (936) 327-1264 (936) 433-9584
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!