3 County Road 484 Mineola, TX 75773
This exceptional 11.5-acre commercial property in Smith County, Texas, presents a unique opportunity for diverse development. Located near Mineola and Lindale, this tract boasts convenient access to amenities including restaurants, shopping, hospitals, and entertainment. The property features a recently installed entrance and water well, adding significant value. A creek runs through the land, attracting abundant wildlife, including deer. The terrain is characterized by gentle rolling topography and mature trees. The property's location offers easy access to major cities, with Lindale just 8 minutes away, Mineola 6 minutes, Tyler 20 minutes, and Dallas approximately 1 hour and 15 minutes. This land is zoned for residential, recreational, and agricultural uses, making it suitable for a custom home, barndominium, or other commercial ventures. The asking price is $230,000, with a price per acre of $0.46. The property's APN is 100000017300003000. The total land area is 500,940 square feet. This is a remarkable opportunity to acquire a versatile property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.