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    TX-364 Spur Tyler, TX 75709

    Sponsored
    For Sale
    $499,000

    Prime 11-acre tract, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11.02-acre property, located in Smith County, Texas, presents a unique investment opportunity. Situated on Spur 364 in Tyler, TX, 75709, this land boasts significant frontage of approximately 2,200 feet along the Spur, offering excellent visibility and accessibility. The property has an approximate depth of 175 feet. Importantly, the land is outside city limits and has no zoning restrictions, providing flexibility for a wide range of development possibilities. The property is adjacent to The Cascades Country Club, offering a desirable location with potential for synergy. It's important to note that a portion of the property lies within a designated flood plain. The asking price for this expansive parcel is $499,000. The property's APN is 1-00000-0199-00-026000. This land offers significant potential for commercial and/or residential development, given its size, location, and lack of zoning restrictions. Prospective buyers should conduct their own due diligence regarding flood plain regulations and development possibilities.

    Property Features for TX-364 Spur

    General Information

    Property type
    Land
    Lot Size
    480,031 SF

    HighLights

    • 2,200± ft of frontage on Spur 364.
    • 175 ft deep lot.
    • Unzoned, located outside city limits.
    • Adjacent to Cascades Country Club.
    • Partially located within a flood plain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.350748162025
    Latitude
    32.310814441916

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    FAQs

    What type of property is this?
    Land - Prime 11-acre tract, ideal for mixed-use development.
    Where is this land located?
    The property is located at TX-364 Spur Tyler, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 2,200± ft of frontage on Spur 364.; 175 ft deep lot.; Unzoned, located outside city limits.
    (903) 534-1200
    Request Owner's contact information
    TX-364 Spur Tyler, TX 75709
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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
    TX-364 Spur Tyler, TX 75709
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