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Property profile & analytics
OFF-MARKET
Land

2404 Co Rd Tool, TX 75143

124.01 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to own 124.01 acres of East Texas land in Henderson County, near Kemp, Texas. This property boasts a highly desirable blend of agricultural, residential, and recreational uses. Located less than an hour east of Dallas, it offers a private and secluded setting near Cedar Creek Lake. The land features approximately 1,750 feet of county road frontage, three ponds, and cross-fencing, making it ideal for a single-family homesite, potential development, or a private ranch. The property is currently ag-exempt and outside Kemp city limits, with no restrictions. Note that a portion of the property lies within a FEMA-designated floodplain. Wildlife includes whitetail deer and hogs. Water access is provided by a creek and ponds. Mineral rights are excluded from the sale. The asking price is $1,302,105, representing a price per acre of $10,500. A survey is not available. Buyers are responsible for verifying all information, including zoning, schools, and acreage. Directions: From the intersection of Highway 274 and FM 85 in Seven Points, go west. Turn left onto County Road 2404 and proceed approximately two miles. The property will be on the right. Any and all livestock are excluded from the sale (negotiable).

Property profile
Verified
Property type Land
Lot 124.01 ac (5,401,876 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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