Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land on Lake Fork Title is generated by Realmo AI

    Private Road 7327 lot 3, Emory, TX 75440

    View on Map
    Claim this Listing
    For Sale
    $250,000

    LAND - Emory, TX

    Lot size:
    1.32 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 4 at 11:06 pm

    Property Features for Private Road 7327 lot 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R23778
    Lot size
    1.32 Acres

    Taxes and HOA fees

    Tax Description
    Lot 3 Serenity Point; OLD DOUGHERTY ESTATES
    Tax Annual Amount
    892

    Utilities

    Water front features
    Waterfront, Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Jana Dodd
    Jana Dodd

    Listing agent Jana Dodd License #0573252

    Listing office Dodd Realty Sulphur Springs, TX

    Listing date Feb 27, 2026

    MLS# 21192044 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Owner financing available with no credit check (income verification only).
    • Waterfront property on Lake Fork with gorgeous views.
    • Large 1.3 acre lot.
    • Located in Serenity Point, a quiet and peaceful area of the lake.
    • Opportunity to build a custom lake home or multi‑generational structure.
    • Option to build a guest house for family and friends.

    Overview

    These unimproved waterfront lots, each approximately 1.32 acres, are located on Serenity Point of Lake Fork. The property offers views of Lake Fork and a peaceful setting. Owner financing is available. The property is suitable for building a home or a multi-generational structure. L&L Builders, owned by the sellers, builds custom homes. The property is located in Emory, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Emory
    County
    Rains
    State
    Texas
    Longitude
    -95.7283
    Latitude
    32.8293

    Nearby Similar for Sale

    • $1,200,000

      Car Wash and Lube Center

      Well-maintained, established car wash and lube operation offering multiple income opportunities and quick move-in capability.
      319 W Lennon Drive, Emory, TX 75440
      View Details
    • $600,000

      Well-Established Car Wash Facility

      For sale car wash facility on Highway 69, known for strong local use and reputation in the area.
      315 W Lennon, Emory, TX 75440
      View Details
    • $349,500

      Multi-Purpose Retail Building

      Multi-purpose building with high visibility and high traffic, offered for sale as-is for flexible business use.
      400 E Lennon, Emory, TX 75440
      View Details
    • $550,000

      Retail Development Land Lots

      High-traffic retail land with utilities access and multiple configurable lots near a co-branded retail hub.
      1051 E Lennon, Emory, TX 75440
      View Details
    • $205,000

      High-Visibility Self-Serve Car Wash

      Three-bay self-serve car wash with vacuum stations on prominent highway frontage, suited for investors seeking steady income potential.
      316 W Lennon, Emory, TX 75440
      View Details
    • $600,000

      Commercial Development Land Opportunity

      Large commercial tract with substantial Highway 69 and FM 515 frontage and utility availability for flexible development plans.
      HWY 69, Emory, TX 75440
      View Details
    • $600,000

      Commercial Land with Highway Frontage

      16.72-acre commercial tract with frontage on HWY 69 and FM 515, with city water and sewer available.
      Hwy 69, Emory, TX 75440
      View Details
    • $485,000

      Restaurant-Ready Commercial Land

      Prime Emory site with an operating restaurant and included furniture and fixtures for flexible new ventures.
      899 E Lennon Drive, Emory, TX 75440
      View Details
    • $165,000

      Corner Commercial Land with Dual Frontage

      Commercial land on a very active highway with excellent visibility from road frontage on two sides.
      937 S State Highway 19, Emory, TX 75440
      View Details
    • $304,000

      High-Visibility Commercial Land with Highway Frontage

      Cleared, level commercial lot with highway frontage and recent commercial zoning, offering strong development flexibility in Emory.
      State Highway 19 lot: 5, Emory, TX 75440
      View Details

    FAQs

    What type of property is this?
    Land - 1.32 acre waterfront lots with owner financing available.
    Where is this land located?
    The property is located at Private Road 7327 lot 3 Emory, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Owner financing available with no credit check (income verification only).; Waterfront property on Lake Fork with gorgeous views.; Large 1.3 acre lot.
    (903) 348-6060
    We can help!
    Listing Contact
    Jana Dodd
    Jana Dodd
    Real Estate License ID: 0573252
    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
    Private Road 7327 lot: 3, Emory, TX 75440
    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!