15688 US Highway 271
About This Property
Introducing a rare opportunity to acquire 57.11 acres of versatile land located just south of Interstate 20 on US Highway 271, offering exceptional visibility and access.
This property has 2 smapp ponds and offers over 1,200 feet of frontage on US Hwy 271 and approximately 1,800 feet of frontage on County Road 353, making it ideal for a wide range of potential development uses - residential, commercial, or mixed-use.
With a strategic location in a growing corridor of East Texas, just minutes from Tyler and major thoroughfares, this tract offers both convenience and high traffic exposure, perfect for investors, developers, or end users looking to capitalize on future growth.
This property is located in the Opportunity Zone as well as Tyler's ETJ.
Utilities nearby – Buyer to verify availability.
Don't miss this opportunity to secure a large tract with significant road frontage and strong development potential in a high-demand area.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Relisted | $1,028,000 | |
| Relisted | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Drake Real Estate | $1,028,000 | |
| Listed by Drake Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017