Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Established Neighborhood Title is generated by Realmo AI

    Gifford St, Rusk, TX 75785

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Rusk, TX

    Lot size:
    0.74 Acres
    Added:
    Feb 28, 2026
    Days on Market:
    95
    Last Refresh:
    Jun 3 at 11:06 am

    Property Features for Gifford St

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    482

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Sherri Fleet-Davis
    Sherri Fleet-Davis

    Listing agent Sherri Fleet-Davis License #0651464

    Listing office eXp Realty LLC 5605 N McArthur Blvd, Austin, TX

    Listing date Feb 28, 2026

    MLS# 20261446 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

    • Two lots in established neighborhood
    • Great hardwoods are a highlight
    • Versatile land offering many possibilities
    • Amazing space within city limits
    • Fenced property
    • Water available

    Overview

    Located in an established neighborhood, these two lots offer versatility and feature hardwoods. The property provides space within the city limits. The total lot size is 0.74 acres and is located in Rusk, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rusk
    County
    Cherokee
    State
    Texas
    Longitude
    -95.1946
    Latitude
    31.7956

    Nearby Similar for Sale

    • $555,000

      Turnkey Industrial Building and Lot

      Metal industrial building with office, three overhead doors, and an added cleared lot on a light-industrial zoned site.
      4133 Loop 343, Rusk, TX 75785
      View Details
    • $350,000
      1,847 SF

      Rusk, TX Mixed-Use Property

      Versatile property suitable for residential or commercial use.
      1858 S Dickinson Dr, Rusk, TX 75785
      View Details
    • $1,850,000

      High-Fence Recreational Land with Pond

      A high-fence recreational tract with a stocked-feel pond, improved pasture, and on-site home and equestrian improvements.
      4123 Farm to Market Road 752 S, Rusk, TX 75785
      View Details
    • $285,000
      5,000 SF

      Historic Corner Commercial Building in Rusk

      Two-story commercial building in downtown Rusk with historic features.
      102 S Main St, Rusk, TX 75785
      View Details
    • $364,900

      44 Acres of East Texas Land

      Unimproved land with pasture and trees, ideal for homesite.
      4091 County Road 2206, Rusk, TX 75785
      View Details
    • $395,000

      East Texas Land with Utilities

      24 acres with utilities and stunning views in Rusk, TX.
      1840 County Road 1306, Rusk, TX 75785
      View Details
    • $785,000

      Expansive Timber Property in Rusk, TX

      126 acre timber property, ideal for recreation and investment.
      TBD E Hwy 84, Rusk, TX 75785
      View Details
    • $204,000

      Rusk, TX Acreage with Views

      34-acre tract with hilltop views, ideal homesite.
      TBD CR 1627-34 acres, Rusk, TX 75785
      View Details
    • $69,000

      Picturesque Acreage in Rusk, Texas

      Serene woodland retreat near Houston and Dallas.
      Tract 3A Cr 2322, Rusk, TX 75785
      View Details
    • $200,000

      Secluded Wooded Acreage in Rusk, TX

      16.33 acres of secluded, wooded land perfect for hunting.
      TBD COUNTY ROAD 2218, Rusk, TX 75785
      View Details
    • $850,000
      3,055 SF

      Iconic Oakland General Store For Sale

      Established general store with repair shop and expansion potential.
      10970 US Hwy 84 W, Rusk, TX 75785
      View Details
    • $70,000

      Rusk, TX Acreage Opportunity

      Almost 2 acres near town, golf, and pool in Rusk.
      124 White St, Rusk, TX 75785
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two versatile lots with hardwoods in Rusk, Texas.
    Where is this residential land & home lot located?
    The property is located at Gifford St Rusk, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Two lots in established neighborhood; Great hardwoods are a highlight; Versatile land offering many possibilities
    (903) 780-0512
    We can help!
    Listing Contact
    Sherri Fleet-Davis
    Sherri Fleet-Davis
    Real Estate License ID: 0651464
    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
    Gifford St, Rusk, TX 75785
    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!