Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24.16 Acres in New Diana Title is generated by Realmo AI

    Eagle Court Rd, New Diana, TX 75640

    View on Map
    Claim this Listing
    For Sale
    $365,500

    LAND - New Diana, TX

    Lot size:
    24.16 Acres
    Added:
    Jan 24, 2025
    Days on Market:
    485
    Last Refresh:
    May 24 at 2:06 am

    Property Features for Eagle Court Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Partial
    Standard status
    Active
    Lot size
    24.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    82

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Janti Patel

    Listing agent Janti Patel License #0702321

    Listing office Ramsey Realty Group 1405 Lago Trl, Longview, TX

    Listing date Jan 24, 2025

    MLS# 20250473 Listing URL

    Copyright © 2026 Longview Area 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

    • 24.16 acre tract offers ample space and privacy.
    • Located in the desirable New Diana ISD.
    • Planted pine trees provide natural beauty and potential building site options.
    • End‑of‑cul‑de‑sac location minimizes traffic.
    • Abundant wildlife and natural surroundings appeal to outdoor enthusiasts.
    • Water utility available.

    Overview

    This 24.16-acre tract features planted pine trees and is located in Eagle Lake Estates within the New Diana Independent School District. The property offers potential building sites at the front or nestled among the pine trees, with ample room for a shop and pool. The land provides opportunities to enjoy nature, with deer and other wildlife present. Situated at the end of a cul-de-sac, the location minimizes traffic. Additional land may be available for purchase from the seller with a price adjustment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Diana
    County
    Upshur
    State
    Texas
    Longitude
    -94.6696
    Latitude
    32.6998

    Nearby Similar for Sale

    • $341,000

      22.73 Acres in New Diana

      Land with open space, woods, and a small pond.
      12698 Spider lily Rd, New Diana, TX 75640
      View Details
    • $341,000

      22.74 Acres in New Diana

      22.74 acre tract ideal for building or recreation.
      Spider lily Rd, New Diana, TX 75640
      View Details
    • $42,500

      Residential Lot in New Diana

      Ready-to-build 0.505-acre lot with utilities on a paved road.
      Heartland Way Lot 14, New Diana, TX 75640
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 24.16 acre tract with planted pine trees in New Diana.
    Where is this residential land & home lot located?
    The property is located at Eagle Court Rd New Diana, TX.
    What is the asking price?
    The asking price for this property is $365,500.
    What are key features of this property?
    This property features: 24.16 acre tract offers ample space and privacy.; Located in the desirable New Diana ISD.; Planted pine trees provide natural beauty and potential building site options.
    (903) 241-8955
    We can help!
    Listing Contact
    Janti Patel
    Real Estate License ID: 0702321
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Eagle Court Rd, New Diana, TX 75640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!