0 County Road 2138, Troup, TX 75789
This exceptional 57.52-acre property in Smith County, Texas, presents a unique investment opportunity near Whitehouse and Lake Tyler. Located on County Roads 2138 and 2140, the land boasts 1,995 linear feet of frontage on CR 2138 and 1,037 linear feet on CR 2140. The property features a well-managed plantation pine timber stand, established in 2006, thinned in 2020, and projected for future thinning and potential clear-cut in the coming years. This offers significant long-term timber investment potential. Hunting enthusiasts will appreciate the opportunity to pursue whitetail deer and feral hogs. Proximity to Lake Tyler provides access to a range of recreational activities, including fishing, boating, and skiing. Utilities include Cherokee County Electric Service and Southern Utility Water Company (one meter available). The asking price is $977,840 ($17,000/acre). Owner financing is available with a 50% down payment, subject to credit check and proof of funds. Terms are negotiable. Restrictions apply: no mobile homes permitted. This property is ideal for investors seeking timber returns, recreational enthusiasts, or those looking to establish a homestead in a desirable East Texas location. The APN is 1-00000-0069-00-032000. The property is zoned as none.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.