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    10505 Fm 840 Henderson, TX 75654

    • Wedding venues
    • 1,968 SF
    • 4.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-9089548
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wedding venues

    Property Details for 10505 Fm 840

    Year built
    2016
    Lot size
    4.60 lot acres
    Property size
    1,968 SF
    Property type
    Wedding venues

    Description

    This exceptional mixed-use property in Henderson, Texas, presents a unique investment opportunity. Located at 10505 FM840, 75654, this 1,968 square foot building sits on a generous 4.6-acre lot, complete with a tranquil pond and a charming she-shed. Built in 2016, the property currently functions as a residence but offers immense potential for redevelopment. The interior boasts a spacious open-concept living area highlighted by a substantial rock fireplace and attractive wood ceilings. A gourmet kitchen, featuring granite countertops and custom wood cabinetry, adds to the property's appeal. The existing layout includes one bedroom and one and a half bathrooms. The expansive acreage and picturesque setting provide ample space for outdoor events and gatherings, making it ideally suited for conversion into a venue or event center. The property's versatility allows for a range of uses, from corporate retreats to private celebrations. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Texas location. The asking price is $350,000. Broker co-op is available.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.65745
    Latitude
    32.053012

    Comparable in this City

    • $235,000
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      Henderson Commercial Land Investment

      Prime 0.46-acre lot, 2440 sq ft building
      510 Ragley St, Henderson, TX 75654
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    • $279,000
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      6-Acre Commercial Property w/ Workshop & Apartment
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    • $147,500
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      Henderson, TX Commercial Land

      Over 10 acres near Henderson Star intersection.
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    • $450,000
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      Prime Henderson Office/Retail Opportunity

      High-traffic location, redevelopment potential.
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    • $85,000
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      Henderson Acreage with Creek

      15.32 acre property near Henderson, Texas with mature trees.
      12966 W Crk 477, Henderson, TX 75654
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    • $97,500
      6.50 Acres

      East Texas Land Homesites

      6.5 acres of unimproved land near Henderson, Texas.
      01 Fm 2867, Henderson, TX 75654
      View Details

    Similar Nearby for Sale

    • $235,000
      0.46 Acres

      Henderson Commercial Land Investment

      Prime 0.46-acre lot, 2440 sq ft building
      510 Ragley St, Henderson, TX 75654
      View Details
    • $279,000
      6.00 Acres

      Henderson Commercial Land Opportunity

      6-Acre Commercial Property w/ Workshop & Apartment
      144 Crk 4107, Price, TX 75654
      View Details
    • $147,500
      10.91 Acres

      Henderson, TX Commercial Land

      Over 10 acres near Henderson Star intersection.
      10 Acres Hwy, Henderson, TX 75654
      View Details
    • $85,000
      15.32 Acres

      Henderson Acreage with Creek

      15.32 acre property near Henderson, Texas with mature trees.
      12966 W Crk 477, Henderson, TX 75654
      View Details
    • $450,000
      11,341 SF

      Prime Henderson Office/Retail Opportunity

      High-traffic location, redevelopment potential.
      1200 79, Henderson, TX 75654
      View Details
    • $285,000
      15.21 Acres

      15 Acres Ready-to-Build Near Henderson

      15-acre property with utilities, creek, and building potential near Henderson.
      Tbd County Rd 345 S, Henderson, TX 75654
      View Details
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    Henderson, TX 75654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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