Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot with Built-In Pads Title is generated by Realmo AI

    OLD FM 2879 lot 11, Hallsville, TX 75650

    View on Map
    Claim this Listing
    New
    For Sale
    $95,000

    LAND - Hallsville, TX

    Lot size:
    0.52 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for OLD FM 2879 lot 11

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    0.52 Acres

    We can help!

    Listing Contact
    Mark Coleman

    Listing agent Mark Coleman License #0387775

    Listing office TX Farms & Ranches/Park Village 4138 US Hwy 259, LONGVIEW, TX

    Listing date Jun 2, 2026

    MLS# 20263959 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

    • Brand‑new subdivision just 4 minutes north of Loop 281
    • 18 lots available in a quiet country setting with multiple new homes
    • Adjacent to a horse ranch
    • All lots have building pads already in place
    • Tryon water and Upshur Rural Electric underground services already in place
    • Shops are allowed; some lots have rear access from an additional entrance

    Overview

    This offering is a buildable residential lot in a brand-new subdivision with building pads already in place, helping streamline the path from planning to construction. The community is set in a quiet country setting with 18 lots available, providing options for buyers seeking a new home site.

    The subdivision is located just 4 minutes north of Loop 281 in the Hallsville Independent School District. Utilities are in the ground, with Tryon Water and Upshur Rural Electric service already installed underground, and the property is adjacent to a horse ranch. For added flexibility, some lots include rear access from an additional entrance, and shops are allowed.

    The lot is well suited for residential development, particularly for buyers who want a newer subdivision environment with key site improvements completed. With building pads in place and underground utilities available, it can also appeal to owner-builders and those looking to add a detached use where permitted, since shops are allowed. If you’re evaluating land for a new build in the Hallsville area, this subdivision offers a straightforward starting point with multiple lot choices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hallsville
    County
    Harrison
    State
    Texas
    Longitude
    -94.513
    Latitude
    32.4986

    Nearby Similar for Sale

    • $289,000
      2,016 SF

      Hallsville Commercial Property on Highway

      Hallsville, TX commercial building with office and warehouse space.
      307 E Main St, Hallsville, TX 75650
      View Details
    • $289,000
      2,016 SF

      Hallsville Commercial Building on Highway

      Commercial building with office and warehouse space on 0.44 acres.
      307 E. Main Street, Hallsville, TX 75650
      View Details
    • $289,000

      Flex Warehouse with Roll-Up Doors

      Warehouse flex space with dedicated offices and multiple roll-up doors for versatile storage, service, or rental use.
      307 E Main Street, Hallsville, TX 75650
      View Details
    • $135,000
      3,200 SF

      Hallsville Self-Storage Investment Opportunity

      32-unit self-storage facility in Hallsville, Texas with upside potential.
      209 W Pine Street, Hallsville, TX 75650
      View Details
    • $3,800,000

      New Construction Apartment Investment

      A 20-unit multifamily build with modern finishes and high-efficiency systems, positioned for long-term rental stability.
      150 Stephens Road, Hallsville, TX 75650
      View Details
    • $171,000

      Waterfront Lot in Big Rock

      1.33 acre waterfront lot with boat slip.
      Big Rock Lake lot: 18, Hallsville, TX 75650
      View Details
    • $749,500

      49 Acres in Hallsville ISD

      Versatile 49-acre property ideal for various uses.
      Mt Pleasant Cutoff, Hallsville, TX 75650
      View Details
    • $3,875,000

      East Texas Showplace on Acres

      155 acres in East Texas with off-grid capabilities.
      3280 FM 450 N, Hallsville, TX 75650
      View Details
    • $115,000

      Hallsville Land with Lake View

      1.43 acre lot in private lake community near Longview.
      Marble Way lot: 56, Hallsville, TX 75650
      View Details
    • $95,000

      Subdivision Development Land with Building Pads

      Build-ready lots in a new subdivision with utilities in place and flexible options including shops.
      OLD FM 2879 lot: 17, Hallsville, TX 75650
      View Details
    • $104,900

      Hallsville Homesite with Lake Access

      2.04 acre homesite with lake access in Hallsville, Texas.
      Granite Ln lot: 76, Hallsville, TX 75650
      View Details
    • $90,000

      Commercial Land Development Lot

      Build-ready subdivision lot with existing building pads, underground utilities, and room for shops in a quiet country setting.
      OLD FM 2879 lot: 8, Hallsville, TX 75650
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready land in a new subdivision near Hallsville schools, with underground utilities and pads already in place.
    Where is this residential land & home lot located?
    The property is located at OLD FM 2879 lot 11 Hallsville, TX.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: Brand‑new subdivision just 4 minutes north of Loop 281; 18 lots available in a quiet country setting with multiple new homes; Adjacent to a horse ranch
    (903) 738-9420
    We can help!
    Listing Contact
    Mark Coleman
    Real Estate License ID: 0387775
    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
    OLD FM 2879 lot: 11, Hallsville, TX 75650
    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!