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    Ready-to-Build Residential Home Lot Title is generated by Realmo AI

    CR 1552 lot 2, Long Branch, TX 75669

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    For Sale
    $32,000

    LAND - Long Branch, TX

    Lot size:
    1.50 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for CR 1552 lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1820

    We can help!

    Listing Contact
    Cecilia Koch
    Cecilia Koch

    Listing agent Cecilia Koch License #0449004

    Listing office Century 21 Heritage Realty 701 S Main, Henderson, TX

    Listing date Apr 24, 2026

    MLS# 26005780 Listing URL

    Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.50 +/- acre lot in Lot 2, Long Branch Estates Subdivision
    • Build‑ready home site described as well‑prepared
    • Owner financing available

    Overview

    This property is Lot 2 in the Long Branch Estates Subdivision, offered as residential land for a future home. The lot size is approximately 1.50 +/- acres, and the site is described as well-prepared for building. It’s being marketed as a peaceful escape and a ready homesite for buyers looking to establish their own residence.

    Located in the Long Branch area of Panola County, Texas, the property provides access to nearby Carthage amenities, including shopping, dining, healthcare, and educational facilities. The listing identifies the address as CR 1552, lot 2, Long Branch, TX 75669.

    For buyers seeking a straightforward place to build, this parcel’s configuration as a dedicated homesite in a subdivision can support residential development plans. The seller has also indicated that owner financing is available, which may be helpful for qualified purchasers looking for alternatives to traditional financing. If you’re looking for land in Long Branch with established nearby services in Carthage, this lot is worth reviewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Long Branch
    County
    Panola
    State
    Texas
    Longitude
    -94.59094284
    Latitude
    32.04645296

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    FAQs

    What type of property is this?
    Residential land & home lot - A well-prepared homesite in the Long Branch Estates subdivision, offering owner financing options for your next build.
    Where is this residential land & home lot located?
    The property is located at CR 1552 lot 2 Long Branch, TX.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: 1.50 +/- acre lot in Lot 2, Long Branch Estates Subdivision; Build‑ready home site described as well‑prepared; Owner financing available
    (903) 646-4481
    We can help!
    Listing Contact
    Cecilia Koch
    Cecilia Koch
    Real Estate License ID: 0449004
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    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.

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