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    Fm 2868 Flint, TX 75762

    For Sale
    $2,950,000

    105 Acres, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 105.74-acre commercial land parcel presents a unique investment opportunity in Smith County, Texas. Located near Flint, TX, with a convenient address of 0 FM 2868, zip code 75762, this property boasts a desirable blend of approximately 20% pastureland and 80% wooded acreage. The land offers two convenient access points from FM 2868 and additional access from CR 197, providing approximately 700 feet of frontage along FM 2868. Its strategic location provides a tranquil, rural setting while maintaining easy access to the amenities of Tyler, Texas. The property is served by Southern Utilities for water. This versatile land is ideally suited for a variety of uses, including a potential residential development with the capacity for 90+ lots, making it an attractive prospect for developers seeking a substantial project. Alternatively, its size and location make it a strong candidate for a 1031 exchange investment. The property is situated within the Tyler ISD school district. Priced at $2,950,000, this expansive tract offers significant potential for growth and return on investment. Don't miss this chance to acquire a substantial piece of East Texas land.

    Property Features for 0 Fm 2868

    General Information

    Property type
    Land
    Lot Size
    4,606,034 SF

    HighLights

    • Large rural acreage tract.
    • Dual access from FM 2868 and CR 197.
    • Approximately 700 feet of FM 2868 frontage.
    • 20% pasture land.
    • 80% wooded acreage.
    • Water service provided by Southern Utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.3893535
    Latitude
    32.2066974

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    FAQs

    What type of property is this?
    Land - 105 Acres, Development Potential
    Where is this land located?
    The property is located at Fm 2868 Flint, TX.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Large rural acreage tract.; Dual access from FM 2868 and CR 197.; Approximately 700 feet of FM 2868 frontage.
    (903) 443-5894
    Request Owner's contact information
    Fm 2868 Flint, TX 75762
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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
    Fm 2868 Flint, TX 75762
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