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

    1 Friar Tuck Dr Woodville, TX 75979

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.24-acre lot, lake access, RV-friendly

    Property Features for 1 Friar Tuck Dr

    General Information

    Property type
    Land
    Lot Size
    10,454 SF

    We can help!

    Listing Contact
    Xing Gao
    Xing Gao

    Listing Agency: eXp Realty Houston Listing Agent: Xing Gao

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

    Learn more

    Overview

    This 0.24-acre residential lot in Ivanhoe, Texas, presents a unique opportunity. Located on a corner lot, it offers convenient access to Lake Tristan and is surrounded by three private lakes, providing ample recreational opportunities. The property is ready for power and water connections, making it ideal for a mobile home, RV, or site-built home. Permitted uses include full-time single-family homes, mobile homes, manufactured homes, modular homes, and RV parking/storage. Ivanhoe's city ordinances allow for full-time camping with certain restrictions on vehicle types. Annual permits are required for lake access ($20) and RV registration ($25). A septic tank is needed for long-term living. The lot is situated in Ivanhoe's District III, which allows for single-family full-time camping. Nearby Woodville offers shopping and nightlife. The property boasts access to city water, power, high-speed internet, phone, and trash collection. Big Thicket National Preserve and Lake Sam Rayburn are within easy driving distance. The asking price is $12,900. The property's APN is R029718. The legal description is Lot 1 Friar Tuck North Drive, Woodville, TX 75979.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Wine and Liquor Store Home Appliance Store Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodville
    County
    Tyler
    State
    Texas
    Longitude
    -94.424151935184
    Latitude
    30.690806262808

    Nearby Similar for Sale

    • $598,000
      2,700 SF

      Turnkey Restaurant on Highway 69

      Fully functional restaurant for sale on Hwy 69.
      307 Magnolia St, Woodville, TX 75979
      View Details
    • $595,000
      6,600 SF

      Income-Producing Strip Mall For Sale

      Well-maintained strip mall with long-term tenants in high-traffic location.
      1002 W Bluff St, Woodville, TX 75979
      View Details
    • $199,900
      Pending

      Woodville Office Building For Sale

      Commercial building with 13 offices in Woodville, Texas.
      120 S Charlton St, Woodville, TX 75979
      View Details
    • $598,000
      2,700 SF

      Restaurant on Hwy 69 For Sale

      Fully functional restaurant on Hwy 69 with equipped kitchen.
      307 N Magnolia St, Woodville, TX 75979
      View Details
    • $595,000

      Income-Producing Strip Mall For Sale

      Well-maintained strip mall with long-term lessees in high-traffic location.
      1002 W Bluff St E, Woodville, TX 75979
      View Details
    • $489,000
      Pending

      Farmhouse on 13.5 Acres

      Four-bedroom farmhouse with pasture, pond, and large barn.
      4829 Fm 1632, Woodville, TX 75979
      View Details
    • $525,000
      Pending

      Woodville Home on Wooded Terrain

      Custom home on 10+ acres near Woodville.
      1040 Us Highway 287 W, Woodville, TX 75979
      View Details
    • $600,000

      Ranch-Style Residence on 15 Acres

      Country ranch with potential for residential and commercial use.
      697 County Road 4330, Woodville, TX 75979
      View Details
    • $199,900
      Pending

      Woodville Commercial Building Investment Opportunity

      Commercial building with 13 offices in Woodville, Texas.
      120 S Charlton St, Woodville, TX 75979
      View Details
    • $2,469,000

      Exceptional Estate with Equestrian Amenities

      Luxury estate on 60 acres with equestrian facilities.
      3029 W Us Highway 190 W, Woodville, TX 75979
      View Details
    • $422,400

      Highway Frontage Timberland Tract

      Timberland tract with highway frontage, suitable for multiple uses.
      Us Highway 190, Woodville, TX 75979
      View Details
    • $316,800

      Woodville Timberland Tract For Sale

      Timberland tract with easy access and good frontage.
      000 Shady Grv Rd, Woodville, TX 75979
      View Details

    FAQs

    What type of property is this?
    Land - 0.24-acre lot, lake access, RV-friendly
    Where is this land located?
    The property is located at 1 Friar Tuck Dr Woodville, TX.
    What is the asking price?
    The asking price for this property is $12,900.
    What are key features of this property?
    This property features: 0.24-acre corner lot in Ivanhoe, TX, suitable for mobile homes, RVs, or site-built homes; utilities available.; Walking distance to Lake Tristan, near three private lakes with recreational amenities.; Convenient access to Woodville for shopping and entertainment.
    (970) 420-2440 Call to check price and availability
    Request Owner's contact information
    1 Friar Tuck Dr Woodville, TX 75979
    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.
    1 Friar Tuck Dr
    Woodville, TX 75979
    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
    1 Friar Tuck Dr Woodville, TX 75979
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Xing Gao
    Xing Gao
    Real Estate License ID: 822975
    (970) 420-2440
    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!