Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Lovelady, TX Title is generated by Realmo AI

    Tract #2 Southfield Trail, Lovelady, TX 75851

    View on Map
    Claim this Listing
    For Sale
    $119,000

    LAND - Lovelady, TX

    Lot size:
    10.01 Acres
    Added:
    Jan 17, 2025
    Days on Market:
    500
    Last Refresh:
    Jun 1 at 11:06 pm

    Property Features for Tract #2 Southfield Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Nac SF1 Single Fam 1
    Standard status
    Active
    Lot size
    10.01 Acres

    We can help!

    Listing Contact
    Nancy Lawrence
    Nancy Lawrence

    Listing agent Nancy Lawrence License #0499239

    Listing office Lawrence Realty 586 East Loop 304, Crockett, TX

    Listing date Jan 17, 2025

    MLS# 22500092 Listing URL

    Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 10.01‑acre tract ideal for building a custom home or recreational use.
    • Located in the desirable Lovelady ISD.
    • Conveniently located 25 minutes from Huntsville and I‑45, offering easy access to Houston.
    • Features a pond suitable for fishing or livestock.
    • Peaceful, rural setting with open skies for stargazing.
    • Electricity available along the front of the property and light deed restrictions in place.

    Overview

    This 10.01-acre tract, located in the newly developed Southfield Ranch, offers a setting suitable for building a custom home or for recreational use. Situated in southern Houston County, within the Lovelady Independent School District, the property provides open skies and includes a pond. Electricity is available along the front of the property. Deed restrictions are in place. The location is approximately 25 minutes from Huntsville and Interstate 45.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lovelady
    County
    Houston
    State
    Texas
    Longitude
    -95.5212
    Latitude
    31.1029

    Nearby Similar for Sale

    • $4,217,400

      Lovelady, Texas Recreational Tract

      421.95-acre recreational tract with investment and hunting potential.
      9490 Hwy 19, Lovelady, TX 75851
      View Details
    • $985,803

      Recreational Land with Creek Frontage

      93.89 acres featuring diverse terrain, pond, and creek.
      CR 3470, Lovelady, TX 75851
      View Details
    • $435,666

      53 Acres of Ranch Land

      53.13 acres perfect for a home, horses, and cattle.
      968 Cr 3490, Lovelady, TX 75851
      View Details
    • $445,800

      74.30 Acres Cattle Ranch Land

      74.30-acre cattle ranch land with stock ponds near Weldon, TX.
      CR 3495, Lovelady, TX 75851
      View Details
    • $139,000

      East Texas Land For Sale

      10.01 acres in Lovelady, TX ideal for recreation.
      475 Cherokee Trail, Lovelady, TX 75851
      View Details
    • $496,546

      27+ Acre Homesite Opportunity

      Beautiful land near Lovelady, TX, ideal for a homesite.
      3145 FM 1280W, Lovelady, TX 75851
      View Details
    • $143,000

      Unrestricted Wooded Land in Lovelady

      13 acres of unrestricted land in Lovelady, Texas.
      CR 4090, Lovelady, TX 75851
      View Details
    • $2,500,000
      3,412 SF

      Spacious Home on 200 Acres

      Four-bedroom home on 200+ acres, ideal for livestock.
      2421 Fm 1280 W, Lovelady, TX 75851
      View Details
    • $132,500

      Lovelady, TX Acreage for Sale

      10.01-acre tract in Lone Star Ridge, Lovelady, TX.
      350 Williamson Way, Lovelady, TX 75851
      View Details
    • $4,217,400

      421.95 Acres Recreational Tract

      Recreational tract with investment potential, hunting opportunities, and East Texas scenery.
      9490 S State Highway 19, Lovelady, TX 75851
      View Details
    • $140,000

      Residential Land in Lovelady, TX

      10.01 acre residential land perfect for building a home.
      1475 Southfield Trail, Lovelady, TX 75851
      View Details
    • $139,000

      Lovelady, Texas 10-Acre Land

      10-acre land in Lovelady, TX, Southfield Ranch subdivision.
      Southfield Trail lot: #23, Lovelady, TX 75851
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10.01-acre tract in Lovelady ISD, ideal for custom home.
    Where is this residential land & home lot located?
    The property is located at Tract #2 Southfield Trail Lovelady, TX.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: 10.01‑acre tract ideal for building a custom home or recreational use.; Located in the desirable Lovelady ISD.; Conveniently located 25 minutes from Huntsville and I‑45, offering easy access to Houston.
    (936) 546-4182
    We can help!
    Listing Contact
    Nancy Lawrence
    Nancy Lawrence
    Real Estate License ID: 0499239
    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
    Tract #2 Southfield Trail, Lovelady, TX 75851
    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!