Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Near Sardis Lake Title is generated by Realmo AI

    61 SW 235th Street, Talihina, OK 74571

    View on Map
    Claim this Listing
    For Sale
    $115,000

    LAND - Talihina, OK

    Lot size:
    3.84 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    259
    Last Refresh:
    May 27 at 6:06 am

    Property Features for 61 SW 235th Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural Res
    Standard status
    Active
    APN
    0122-00-000-061-0-000-00
    Lot size
    3.84 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 61 SADDLEGAP 3.84A 690/359, 872/136, 913/53,
    Tax Annual Amount
    619

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Autumn Morehouse

    Listing agent Autumn Morehouse License #211207

    Listing office Epique Realty 8211 E Regal Pl, Tulsa, OK

    Listing date Sep 11, 2025

    MLS# 2539118 Listing URL

    Copyright © 2026 MLS Technology, Inc. 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 3.84‑acre lot, offering ample space.
    • Located in the desirable Saddle Gap Ranch Addition.
    • Picturesque setting with beautiful and tranquil views.
    • Close proximity to Sardis Lake.
    • Opportunity for rural living.
    • Utilities available.

    Overview

    This 3.84-acre lot is located in the Saddle Gap Ranch Addition, north of Sardis Lake. The property, identified as Lot 61, offers tranquil views. Utilities are available. This location provides an opportunity for rural living near the natural beauty of Sardis Lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Talihina
    County
    Latimer
    State
    Oklahoma
    Longitude
    -95.263384
    Latitude
    34.716125

    Nearby Similar for Sale

    • $385,000

      Prime Commercial Opportunity in Talihina

      Established businesses in high-traffic downtown location with income potential.
      400 Dallas St., Talihina, OK 74571
      View Details
    • $549,995
      1,517 SF

      Talihina Farm/Estate with Mountain Views

      80-acre estate with log home, hunting land, and livestock potential.
      10762 SE 220th Rd, Talihina, OK 74571
      View Details
    • $140,000

      Secluded Mountain Retreat Land

      40-acre off-grid land in Southeast Oklahoma.
      TBD SE 1055th Ave, Talihina, OK 74571
      View Details
    • $169,900

      40 Acres Vacant Land

      40 acres of land with utilities near Talihina, Oklahoma.
      23-04n-21e S.E 180TH RD, Talihina, OK 74571
      View Details
    • $12,000

      Vacant Land Near Tiger Stadium

      0.2 acre commercial land near El Rancho Restaurant.
      00000 2nd St, Talihina, OK 74571
      View Details
    • $219,000

      20 Acres Vacant Land

      20 acres with utilities, ponds, and potential lake view.
      13591 S.E 180TH RD, Talihina, OK 74571
      View Details
    • $12,000

      Talihina, OK Vacant Land

      Highway frontage lot with concrete slab and parking lot.
      00000 2nd St, Talihina, OK 74571
      View Details
    • $249,000

      40 Acres Hunting/Residential Land

      Fenced 40 acres with utilities, ideal hunting retreat.
      40354 Green Hill Road, Talihina, OK 74571
      View Details
    • $82,000

      Vacant Land in TALIHINA, OK

      15 acres of land with level and sloping areas.
      TBD SE 137th Ave, TALIHINA, OK 74571
      View Details
    • $236,500

      70 Acres in LeFlore County

      Versatile land near Talimena Scenic Drive and Kiamichi River.
      US HW 271 Highway, Talihina, OK 74571
      View Details
    • $175,000

      Oklahoma Mountain Land For Sale

      39 acres of mountain paradise near Talihina, Oklahoma.
      48415 Highway 82, Talihina, OK 74571
      View Details
    • $60,000

      40 Acres Hunting Land

      Pristine 40-acre hunting land between Bear Creek and Buggy Creek.
      40 Acres BUGGY CREEK IN COMPTON HOLLOW, TALIHINA, OK 74571
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.84 acre lot in Saddle Gap Ranch Addition.
    Where is this residential land & home lot located?
    The property is located at 61 SW 235th Street Talihina, OK.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Large 3.84‑acre lot, offering ample space.; Located in the desirable Saddle Gap Ranch Addition.; Picturesque setting with beautiful and tranquil views.
    (888) 893-3537
    We can help!
    Listing Contact
    Autumn Morehouse
    Real Estate License ID: 211207
    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
    61 SW 235th Street, Talihina, OK 74571
    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!