Property profile

00 Fm 3062 Malakoff, TX 75148

OFF-MARKET
Land
154.59 ac lot
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Property summary

AI-generated overview

This remarkable 154.59-acre property in Henderson County, Texas, presents a unique investment opportunity. Situated just south of Cedar Creek Lake and bordering Malakoff city limits, this expansive tract offers a blend of mature hardwoods, cleared brush, and six ponds. The level terrain is exceptionally well-suited for various uses, including residential development or as a productive cattle and horse ranch. The property's location provides convenient access, being only 0.7 miles from Cedar Creek Lake and the Star Harbor peninsula. A scheduled clearing of less desirable trees and brush will further enhance the property's appeal. Comprehensive data is available, including a detailed survey, aerial maps, topography information, and floodplain data, providing a thorough understanding of the land's potential. The property is located within an Opportunity Zone and the city limits run along the frontage on Star Harbor Road (also known as CR 3062). The property is part of the P Tumlinson Survey. A virtual tour is available online. This versatile and stunning property is ready for your vision. Asking price is $1,685,000. APN: R000019608.

Property profile

Verified
Property type Land
Lot 154.59 ac (6,733,940 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Fm 3062 Malakoff, TX 75148
Malakoff metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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