Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pasture and Timber Land Title is generated by Realmo AI

    FM 2339, Murchison, TX 75778

    View on Map
    Claim this Listing
    For Sale
    $370,000

    LAND - Murchison, TX

    Lot size:
    37.32 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for FM 2339

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    33434
    Lot size
    37.32 Acres

    Taxes and HOA fees

    Tax Description
    ABST: 327, SUR: J GRAFF,

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Matthew Marshall

    Listing agent Matthew Marshall License #0544812

    Listing office Drake Real Estate Tyler, TX

    Listing date Apr 29, 2026

    MLS# 21185788 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

    • 37+/- acre property on FM 2339 in Murchison, Texas, with public water service available
    • 36+/- acre primary tract plus an additional 1+/- acre tract located across FM 2339
    • Approximately 70% open pasture, suitable for grazing and future improvements
    • Approximately 30% wooded with scattered mature trees for shade and wildlife habitat
    • FM road frontage with rural setting and access to support homesite, recreation, livestock, or investment uses

    Overview

    A versatile 37+/- acre tract blends approximately 70% open pasture with about 30% wooded area. The land features a mix of open grazing space and wooded ground with scattered mature trees, providing shade, privacy, and wildlife habitat. The property is comprised of a 36+/- acre primary tract plus an additional 1+/- acre tract located across FM 2339, creating flexibility for how the acreage is used and managed.

    The acreage is situated on FM 2339 in the Murchison area of Van Zandt County, Texas, with convenient road frontage and a rural setting. The split-tract configuration across the roadway can be helpful for buyers looking to separate uses or plan future development while still keeping the overall holding under one ownership.

    This offering can fit a range of buyers, from those seeking a future homestead or weekend retreat to investors interested in land with both pasture and timber components. It also presents a practical option for livestock operations, with substantial open ground for grazing and room for improvements over time.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Murchison
    County
    Henderson
    State
    Texas
    Longitude
    -95.71719505
    Latitude
    32.35838364

    Nearby Similar for Sale

    • $644,000
      9,999 SF

      Productive East Texas Land Parcel

      Ag-exempt 56.56-acre tract near Murchison, TX with utilities.
      FM 773, Murchison, TX 75751
      View Details
    • $1,400,000

      Ranch Property with Guest House

      Expansive fenced acreage with ponds and two homes, offering versatile space for ranching, farming, or outdoor living.
      10769 County Road 3519, Murchison, TX 75778
      View Details
    • $644,000

      Agricultural Land Tract with Ponds

      56+ acre fully fenced tract with four ponds and existing cattle and hay production potential along FM 773.
      FM 773, Murchison, TX 75778
      View Details
    • $170,000

      Wooded Recreational Land Tract

      13.21-acre tract in Brownsboro ISD with mature trees and a small number of pecan trees for homesite or recreation.
      CR 3508, Murchison, TX 75778
      View Details
    • $170,000

      Wooded Recreation Land Tract

      Secluded, wooded acreage in Brownsboro ISD with room for a homesite, retreat, or outdoor recreation.
      CR 3508, Murchison, TX 75756
      View Details
    • $286,948

      Ranch and Recreation Acreage

      24.95 acres of mixed pasture and wooded land, partially fenced with community water available for flexible country use.
      FM 607 S, Murchison, TX 75778
      View Details
    • $370,000

      Ranch Land with Pasture and Timber

      A 37-acre tract on FM 2339 featuring open pasture and wooded areas suitable for recreation or livestock use.
      FM 2339, Murchison, TX 75778
      View Details
    • $140,000

      Deed-Restricted Custom Home Lot

      Gently rolling, tree-lined acreage with multiple building sites and utilities available for a site-built home only.
      Lee Drive, Murchison, TX 75778
      View Details
    • $120,900

      Murchison, TX Land Opportunity

      3.76 acres in gated community with lake access.
      20,21,22 FM 2339, Murchison, TX 75778
      View Details
    • $89,000

      Callender Lake Triple Lot Parcel

      0.8 acre triple-lot in gated Callender Lake community.
      105 & 119 Huntley Creek, Murchison, TX 75778
      View Details
    • $79,500

      Waterfront Land Corner Double Lot

      Waterfront corner double lot in a gated community with access to two lakes and existing utilities.
      108 Cottonwood Lane, Murchison, TX 75778
      View Details
    • $140,000

      Murchison, TX 8-Acre Land Tract

      8-acre tract in Echo Creek Country Club area, Murchison, TX.
      Lee Rd, Murchison, TX 75778
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 37+ acres with open pasture and East Texas timber, offering flexible options for homesite, recreation, livestock, or investment.
    Where is this agricultural land / farmland located?
    The property is located at FM 2339 Murchison, TX.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: 37+/- acre property on FM 2339 in Murchison, Texas, with public water service available; 36+/- acre primary tract plus an additional 1+/- acre tract located across FM 2339; Approximately 70% open pasture, suitable for grazing and future improvements
    (903) 581-3737
    We can help!
    Listing Contact
    Matthew Marshall
    Real Estate License ID: 0544812
    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
    FM 2339, Murchison, TX 75778
    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!