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    Property profile & analytics

    1535 County Road 33900 Powderly, TX 75473

    • Commercial real estate
    • 4.56 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5699592
    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

    • Commercial real estate

    Property Details for 1535 County Road 33900

    Lot size
    4.56 lot acres
    Property type
    Commercial real estate
    APN
    56030

    Description

    This exceptional 4.56-acre property in Powderly, Texas, offers a unique blend of residential and recreational opportunities. Located in the desirable North Lamar School district, this land boasts existing water and electric meters, simplifying the building process for your dream home. Mature oak trees provide shade and character, while ample open space allows for the construction of additional structures such as a shop, storage sheds, or livestock buildings. The possibilities are endless, with no known restrictions on the property. Enjoy the freedom to roam, raise livestock, or provide ample space for children to play. A large existing carport offers immediate shelter for vehicles, equipment, or building materials. Convenience is key, with proximity to Paris, Texas, and Pat Mayes Lake, perfect for weekend boating excursions. This property presents a rare chance to own a versatile piece of land in a peaceful country setting, yet still close to urban amenities. The Lamar County location, with APN 56030, ensures easy identification and access. The address is 1535 County Rd 33900, Powderly, TX 75473. Priced at $125,000, this is an exceptional value for a property offering both residential and recreational potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Powderly
    County
    Lamar
    State
    Texas
    Longitude
    -95.566787937695
    Latitude
    33.765168017553

    Comparable in this City

    • $599,000
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      Texas Ranch - 11 Acres

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    • $2,500,000
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      Premier Red River Hunting Property

      378-acre hunting and recreational property with Red River frontage.
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      0.75 Acres

      Land For Sale in Powderly

      Unimproved land available in Powderly, Texas.
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    • $300,000
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      Wooded Acreage on Highway 271

      11.177 acres of unrestricted land, ideal for RV park.
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      0.74 Acres

      Corner Lot in Beaver Creek

      Unimproved corner lot in established Powderly neighborhood.
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    • $235,000
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      Secluded 20-Acre Texas Retreat

      20-acre wooded property in Powderly, TX with shared pond access.
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    Similar Nearby for Sale

    • $599,000
      11.42 Acres

      Texas Ranch - 11 Acres

      Spacious 3-bed ranch, updated interior, pond.
      520 County Road 35985, Powderly, TX 75473
      View Details
    • $2,500,000
      378.30 Acres

      Premier Red River Hunting Property

      378-acre hunting and recreational property with Red River frontage.
      9891 Farm Rd 906, Powderly, TX 75473
      View Details
    • Contact for pricing
      0.75 Acres

      Land For Sale in Powderly

      Unimproved land available in Powderly, Texas.
      0000 Private Rd 35995, Powderly, TX 75473
      View Details
    • $235,000
      20.42 Acres

      Secluded 20-Acre Texas Retreat

      20-acre wooded property in Powderly, TX with shared pond access.
      2851 County Road 33900, Powderly, TX 75473
      View Details
    • $247,000
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      Highway Frontage Land, Powderly, TX

      7.22 acres with highway frontage, ideal for development.
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    • $449,900
      21.00 Acres

      21 Acres with 2-Acre Pond

      21 acres near Paris, Texas, with development potential.
      1900 County Road 33900, Powderly, TX 75473
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    Powderly, TX 75473
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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