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

    564 CR 2707, Shelbyville, TX 75973

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 564 CR 2707, Shelbyville, TX
    Pending
    Contact for pricing

    LAND - Shelbyville, TX

    Lot size:
    0.58 Acres
    Added:
    Aug 28, 2025
    Days on Market:
    272
    Last Refresh:
    May 26 at 10:06 pm

    Property Features for 564 CR 2707

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    0.58 Acres

    We can help!

    Listing Contact
    Sarah Bailey

    Listing agent Sarah Bailey

    Listing office Town & Country Real Estate 114 Nacogdoches Street, Center, TX

    Listing date Aug 28, 2025

    MLS# 65106246 Listing URL

    Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lake property perfect for summer fun
    • New listing
    • Concrete slab from previous house remains
    • SRA restrictions apply
    • Survey required for property lines

    Overview

    This 0.578-acre land listing in Shelbyville, TX, is ideal for summer recreation. Located near the lake, the property is subject to SRA restrictions. A survey will be required to establish property lines. The concrete slab remains from a previous house that was destroyed by fire.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shelbyville
    County
    Shelby
    State
    Texas
    Longitude
    -93.9592
    Latitude
    31.7022

    Nearby Similar for Sale

    • $637,000

      Secluded Land Near Toledo Bend

      77+ acres near National Forest and Toledo Bend.
      County Road 2385, Shelbyville, TX 75973
      View Details
    • $359,900

      Secluded Recreational Land in Shelbyville

      68.17 acres of secluded land ideal for recreation.
      CR 2934, Shelbyville, TX 75973
      View Details
    • $59,500

      Unrestricted Land Near Lake Toledo

      8.95 acres of unrestricted land near Lake Toledo Bend.
      R27947 County Road 2940, Shelbyville, TX 75973
      View Details
    • $30,000

      Unrestricted Land in Shelbyville, TX

      1.15 acres of unrestricted land, ideal for building or recreation.
      916 CR 2650, Shelbyville, TX 75973
      View Details
    • $275,000

      Unrestricted Land Near Toledo Bend

      38 acres of pasture and timber near Lake Toledo Bend.
      Tract 3 FM 2261, Shelbyville, TX 75973
      View Details
    • $459,200

      82 Acres Near Toledo Bend

      82 acres of land near Toledo Bend Lake.
      R28182 Forest Service Rd, Shelbyville, TX 75973
      View Details
    • $18,000

      Huxley Bay Waterfront Land

      0.557 acre lot near Huxley Bay Marina.
      FM 2694, Shelbyville, TX 75973
      View Details
    • $199,000

      Unrestricted Farmland in Shelbyville, TX

      30 acres of unrestricted farmland, fenced, with utilities available.
      CR 2801, Shelbyville, TX 75973
      View Details
    • $302,000

      Unrestricted Land in Shelby County

      27.24-acre farm and ranch land with rolling hills.
      16202 State Highway 87 S, Shelbyville, TX 75973
      View Details
    • $29,400

      Shelbyville Timbered Land Near Lake

      2.94 acres of timbered land near Toledo Bend Lake.
      Whooping Crane Road, Shelbyville, TX 75973
      View Details
    • $79,000

      Unrestricted Land Near National Forest

      Vacant, wooded land bordering Sabine National Forest, ideal for recreation.
      2940 County Road 2940, Shelbyville, TX 75973
      View Details
    • $84,500

      Land with Pond on Hwy

      Land with pond on Hwy 87, near Shelbyville School.
      9633 Hwy 87S, Shelbyville, TX 75973
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land for sale, perfect for summer fun near the lake.
    Where is this residential land & home lot located?
    The property is located at 564 CR 2707 Shelbyville, 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: Lake property perfect for summer fun; New listing; Concrete slab from previous house remains
    (936) 598-6111
    We can help!
    Listing Contact
    Sarah Bailey
    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
    564 CR 2707, Shelbyville, TX 75973
    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!