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    R17051 Hwy 59 Lufkin, TX 75901

    For Sale
    $120,000

    4.8 Acres, Prime Hwy 59 Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4.8-acre unrestricted land parcel presents a remarkable investment opportunity in Lufkin, Texas. Strategically located on busy Highway 59 North (future I-69), this property boasts frontage on both Highway 59 and Old Highway 59, ensuring high visibility and accessibility. The asking price is $120,000. Directions from Lufkin involve taking Highway 59 North, passing Love's, turning onto Rivercrest Road, and then turning south to find the property at the exit ramp. A sign will mark the location. The wooded lot offers a blend of privacy and excellent exposure, making it ideal for a variety of uses. Its unrestricted nature allows for the construction of a home, a business, or both, catering to diverse development plans. This prime location in Angelina County, Texas, zip code 75901, offers significant potential for growth and return on investment, making it perfect for those seeking to capitalize on a thriving area. The property is classified as agricultural land and is situated at R17051 Hwy 59 North. Its coordinates are 31.2894253 latitude and -94.7297105 longitude.

    Property Features for R17051 Hwy 59

    General Information

    Property type
    Farms
    Lot Size
    209,088 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.7297105
    Latitude
    31.2894253

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    FAQs

    What type of property is this?
    Farm - 4.8 Acres, Prime Hwy 59 Location
    Where is this farm located?
    The property is located at R17051 Hwy 59 Lufkin, TX.
    What is the asking price?
    The asking price for this property is $120,000.
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    R17051 Hwy 59 Lufkin, TX 75901
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    Realmo Value Estimation

    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.

    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.

    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
    R17051 Hwy 59 Lufkin, TX 75901
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