Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd David Hon Rd Livingston, TX 77351

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,242,000

    138 acres in East Texas with road frontage.

    Lot size:
    138.00 Acres

    Property Features for Tbd David Hon Rd

    General Information

    Standard status
    Active
    Lot size
    138.00 Acres

    We can help!

    Listing Contact
    Bob Burkhalter
    Source: Corcoran

    Listing Agent: Bob Burkhalter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    East Texas Acreage on FM 942

    This 138-acre property in East Texas offers over 2,300 feet of frontage on FM 942. The land includes approximately 35 acres of improved hay field, around 50 acres of mixed hardwoods, and the remaining area consists of fenced and cross-fenced pasture. Two stock ponds are present, suitable for livestock and wildlife. The property is a habitat for whitetail deer. Power is available at the road. The property is accessible directly from a well-maintained farm-to-market road.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Livingston
    County
    Polk
    State
    Texas
    Longitude
    -94.8036
    Latitude
    30.7078

    Nearby Similar for Sale

    • $1,050,000
      2,926 SF

      30-Acre Ranch with Upgraded Barn

      Stunning ranch property with a gorgeous home and many upgrades.
      5535 Fm 350, Livingston, TX 77351
      View Details
    • $1,575,000
      4,079 SF

      Lake Livingston Ranch with Horse Facilities

      Unique ranch property near Lake Livingston with extensive horse facilities.
      1694 Fm 2457, Livingston, TX 77351
      View Details
    • $935,000

      Unrestricted Livingston Estate with Amenities

      18+ acre estate with main home, guest house, pool.
      235 Caravella Ct, Livingston, TX 77351
      View Details
    • $389,000
      1,904 SF

      Updated Ranch with Income Potential

      Two homes on 10 unrestricted acres near Lake Livingston.
      490 Robert E Lee Ln, Livingston, TX 77351
      View Details
    • $750,000

      Move-In Ready Home with Outbuildings

      Home with metal buildings near Livingston and Lake Livingston.
      7839 U S Highway 190 W, Livingston, TX 77351
      View Details
    • $449,000

      Unrestricted Land with Spacious Home

      Spacious home on 10+ acres of unrestricted land.
      157 Laurel Ln, Livingston, TX 77351
      View Details
    • $749,900
      1,804 SF

      Barndominium with Guest Cottage on Acreage

      Barndominium with guest cottage on 17.71 acres near Lake Livingston.
      835 Stutts Hill Rd, Livingston, TX 77351
      View Details
    • $399,999
      1,630 SF

      Mid-Century Modern Home with Workshop

      Updated mid-century home with workshop, storage, and unrestricted land.
      5152 Richardson Rd, Livingston, TX 77351
      View Details
    • $525,000

      Country Home on 10 Acres

      Charming 4-bedroom home with pastures and horse barn near Livingston.
      348 Rolling Wood, Livingston, TX 77351
      View Details
    • $299,000

      East Texas Fenced Acreage

      10.32 acres in East Texas, ready for your dream home.
      431 Gray Coat, Livingston, TX 77351
      View Details
    • $180,000

      Lake Livingston Townhouse with Amenities

      Move-in ready, fully furnished 2-bedroom townhouse with lake access.
      325 Carolcrest Ln, Livingston, TX 77351
      View Details
    • $74,900

      Creekside Farms Land Opportunity

      Unique property near Livingston with creek border and towering pines.
      00 Morris Ln, Livingston, TX 77351
      View Details

    FAQs

    What type of property is this?
    Ranch - 138 acres in East Texas with road frontage.
    Where is this ranch located?
    The property is located at Tbd David Hon Rd Livingston, TX.
    What is the asking price?
    The asking price for this property is $1,242,000.
    What are key features of this property?
    This property features: - Large acreage (138 +/- acres) suitable for various uses: ranching, hunting, investment, or building a dream home.; - Over 2,300 feet of frontage on FM 942, providing excellent access and potential.; - Diverse land mix: improved hay field, mixed hardwoods, and fenced pasture.
    (936) 328-7077
    Request Owner's contact information
    Tbd David Hon Rd Livingston, TX 77351
    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.
    Tbd David Hon Rd
    Livingston, TX 77351
    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
    Tbd David Hon Rd Livingston, TX 77351
    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

    We can help!
    Listing Contact
    Bob Burkhalter
    (936) 328-7077
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.