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

    5290 FM 2204, Kilgore, TX 75662

    View on Map
    Claim this Listing
    New
    For Sale
    $336,375

    Acreage - Kilgore, TX

    Lot size:
    14.63 Acres
    Added:
    May 7, 2026
    Days on Market:
    6
    Last Refresh:
    May 12 at 6:06 am

    Property Features for 5290 FM 2204

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence, None
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    14.63 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Woods
    Julie Woods

    Listing agent Julie Woods

    Listing office Julie Woods & Associate RE Firm 1116 Judson Rd, Longview, TX

    Listing date May 7, 2026

    MLS# 20263248 Listing URL

    Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 14.625‑acre tract within Kilgore city limits.
    • City water and electricity available.
    • Scenic, pasture‑like setting suitable for building your dream home.
    • Ideal for a dream home, private retreat, or investment property.
    • Combines accessibility with country‑style living.
    • Fenced property.

    Overview

    This 14.625-acre tract is located on FM 2204 within the city limits of Kilgore. The property features a pasture-like setting suitable for building a home, private retreat, or investment property. City water and electricity are available. A septic system will need to be installed. The location inside city limits provides accessibility and privacy. Opportunities like this, offering over 14 acres with utilities in place, are increasingly hard to find.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Food Market Grocery & Convenience Store Electrical Service Daycare Center Wine and Liquor Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.817342
    Latitude
    32.381861

    Nearby Similar for Sale

    • $335,000

      Kilgore Commercial Property with Industrial Space

      Versatile commercial property with office, showroom, and industrial space.
      118-120 Industrial Ave, Kilgore, TX 75662
      View Details
    • $365,000

      Kilgore Commercial Property with Drive-Thru

      High-visibility commercial property near Kilgore College with dual drive-thru.
      207 N Henderson Blvd., Kilgore, TX 75662
      View Details
    • $250,000
      5,027 SF

      Kilgore Building: Versatile Commercial Potential

      Gregg County property ideal for owner-users or investors.
      1009 Brook Dr, Kilgore, TX 75662
      View Details
    • $700,000

      Versatile Kilgore Office, Shop, Warehouse Facility

      Multi-use property with warehouse, office, and residential potential.
      5678 E FM 1249, Kilgore, TX 75662
      View Details
    • $365,000

      Kilgore Commercial Property on Highway

      Highly visible commercial property near Kilgore College with drive-thru.
      207 N Henderso Boulevard, Kilgore, TX 75662
      View Details
    • $745,000

      Kilgore Commercial Property with Warehouse

      Commercial property with office and warehouse space on 2.48 acres.
      1510 N SH 135, Kilgore, TX 75662
      View Details
    • $700,000

      Versatile Kilgore Office, Shop, Warehouse Facility

      Office, shop, warehouse, and service yard facility on 4.869 acres.
      5678 E FM 1249, Kilgore, TX 75662
      View Details
    • $2,295,000
      8,228 SF

      East Texas Event Center on Acres

      Thriving event venue on 100 acres near Lake Cherokee.
      14284 State Highway 322 N, Kilgore, TX 75662
      View Details
    • $425,000

      Kilgore Acreage Near I-20

      3-acre commercial land tract with high visibility and accessibility.
      Tbd N State Highway 135, Kilgore, TX 75662
      View Details
    • $369,900

      Kilgore Metal Shop with Office

      Versatile metal shop with office space on one acre.
      1067 S Old Hwy 135, Kilgore, TX 75662
      View Details
    • $300,000
      1,271 SF

      Kilgore Commercial Land Opportunity

      Commercial land near Kilgore College with redevelopment potential.
      1000 S Henderson Blvd., Kilgore, TX 75662
      View Details
    • $85,000

      Remodeled Commercial Property in Kilgore

      Recently remodeled commercial property suitable for various professional services.
      2410 Angeline Street, Kilgore, TX 75662
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 14.625-acre tract within Kilgore city limits with utilities.
    Where is this residential land & home lot located?
    The property is located at 5290 FM 2204 Kilgore, TX.
    What is the asking price?
    The asking price for this property is $336,375.
    What are key features of this property?
    This property features: Large 14.625‑acre tract within Kilgore city limits.; City water and electricity available.; Scenic, pasture‑like setting suitable for building your dream home.
    (903) 587-5373
    We can help!
    Listing Contact
    Julie Woods
    Julie Woods
    Real Estate License ID: 0573602
    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
    5290 FM 2204, Kilgore, TX 75662
    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!