Property profile

12581 Arp Arp, TX 75750

OFF-MARKET
Land
115.4 ac lot
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Property summary

AI-generated overview

Exceptional 115.4-acre East Texas ranch property located in the desirable East Tyler-Arp area of Smith County, Texas, presents a unique opportunity for those seeking a tranquil retreat or investment. This property boasts a stunning 10+ acre spring-fed lake, complete with a natural waterfall cascading into Mud Creek – a truly remarkable feature. The elevated building site offers breathtaking views of the lake and surrounding hardwood timber. Imagine enjoying the peaceful sounds of nature while watching fish jump from your future home's window. The property includes a 30x40 metal building and is currently under agricultural exemption. Utilities are available, with power already on-site. Convenient access is provided via a good road leading directly to the property's gate, with easy access to Highway 64. The asking price is $1,500,000, translating to approximately $12,998.27 per acre. The property's total land area is 5,026,824 square feet, and its address is 12581 FM 2607, Arp, TX 75750. The APN is 100000042700005000

Property profile

Verified
Property type Land
Lot 115.4 ac (5,026,824 SF)

Cap rate & NOI

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

Location

12581 Arp Arp, TX 75750
Arp metro
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Value estimations

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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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