38 Acres | FM 841

$1,949,000
Available

Property Details

ID: 73730
Status: Available
Price: $1,949,000
Acres: 38.34
Price Per Acre: $50,835
Type: Undeveloped Land, Commercial, Business Opportunity
Address: FM 841
City, State: Lufkin, Texas
County: Angelina
Zip Code: 75901
Presented By: JC Hearn

Description


Rare Development Opportunity in the City of Lufkin! One of the few large acreage tracts remaining inside the Lufkin City Loop, this 38+ acre property has great access with triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive. Only seconds from the US 59 Loop/S Medford Dr. (38,536 AADT). This site is close to schools, shopping, and major employers, making it an ideal location for residential development. Current residential zoning with an 8" water line along FM 841 and Valley Ave, as well as 6" sewer on both FM 841/Valley Ave., and an additional 8" sewer line running through the property. It was previously platted for 124 residential lots and an infrastructure cost share was discussed with the City of Lufkin. All city utilities are available with offsite detention nearby. Do not miss this opportunity! Contact us today!

PROPERTY FEATURES - 38+ acres inside the Lufkin City Loop close to schools, shopping, and major employers. - Great access with triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive. Only seconds from the US 59 Loop/S Medford Dr. (38,536 AADT) - 8" water line along FM 841 and Valley Ave, as well as 6" sewer lines on both FM 841/Valley Ave, and an additional 8" sewer line running through the property. - Previously platted for 124 residential lots with an opportunity for an infrastructure cost share. - Location and zoning make it a great candidate for Residential Development. - Offsite detention nearby and with all city utilities. - Do not miss this opportunity. Contact us today!

MARKET HIGHLIGHTS

The charming City of Lufkin offers a high quality of life, a strong economy, low crime, and a low cost of living. Close to major employers such as Georgia Pacific, Lockheed Martin, Pilgrim's Pride, Brookshire Brothers, and West Fraser Timber Company. It also has good access to education (Lufkin ISD/Angelina College/Texas Bible College) as well as state-of-the-art medical facilities (CHI/St. Luke's Memorial Hospital). Lufkin offers many recreational activities such as the Ellen Trout Zoo, Texas Forestry Museum, golfing, hiking, and fishing.

Demographics 1 Mile 3 Mile 5 Mile


Total Population 2022 3,718 21,472 18,121 Total Daytime Population 3,867 27,909 22,197 Average HH Income $57,126 $55,136 $69,912

*Demographic data derived from 2022 STDB


Utilities: Electricity Available, Cable Available, Natural Gas Available, Phone Available, Water Available

School District: Lufkin ISD

Directions: Directions from Houston: Follow US 59 North to exit 390 in Lufkin. Follow US 59 N Loop/S. Medford Drive East for 2.6 miles. Keep Right for Ford Chapel Exit. Turn Left onto Ford Chapel Road. In .5 mile the destination is on your right.

Showing Instructions: Buyer &/or agents must notify Homeland Properties of intent to view/tour & make advance appointment. A minimum of 24 hours’ notice is required. Buyers must be accompanied by broker/agent. Licensed co-brokers are welcome to show this property by advance appointment and will receive a co-broker fee if the co-broker accompanies their buyer from the first contact to the closing of a sale.

Additional Details

Additional Info

Current Use: Multi-Family, Office, Other, Retail
Possible Use: Development, Investment, Multi-Family

Financial

Tax ID: 94436, 51456
Legal Description:

JL Quinally Survey, A-40, Angelina County, Texas

Listing Disclaimer

The use and/or reproduction of any marketing materials generated by HomeLand Properties, Inc. and/or its associated clients, including, but not limited to, maps, videos, photos, spreadsheets, diagrams, contracts, documents, etc. is strictly prohibited without written consent. The information contained herein is from sources deemed reliable but is not guaranteed by HomeLand Properties, Inc. The offerings are subject to change in price, errors, omissions, prior sales or withdrawal without notice. This disclaimer supersedes any & all information published by other MLS sites whether by permission or not, including, but not limited to, co-broker fees, if any. Acreage size and dimensions are approximate. County Appraisal District (CAD) market and tax values, as well as acreage size and/or shape, are not applicable to real estate market conditions and/or this solicitation, other than for ag value (1D1) purposes.

Title and Survey Disclaimer

Expense subject to negotiation. Seller requires use of seller's preferred surveyor/title company.

Mineral Disclaimer

Oil and gas minerals have been reserved by prior owners. Other reservations subject to title and/or sellers contract when applicable.

Easement Disclaimer

Visible and apparent and/or marked in field.

Tax Disclaimer

Properties may qualify for future exemption subject to usage.

Legal Description Disclaimer

Size is approximate and subject to recorded legal description or surveyed gross acres to include, but not limited to, any acres lying within roads and/or easements. CAD shape files are not reliable. Shape files per maps herein are considered the most accurate available and are derived using the best information available, included, but not limited to, GIS data, field data, legal descriptions, and survey, if available.

JC Hearn
JC Hearn
CCIM | ALC | RENE

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Monthly Payment $15,760.65
Total Principal & Interest $3,782,556.58
# Payment Interest Principle Balance
1 $15,760.65 $12,262.46 $3,498.19 $1,945,501.81
2 $15,760.65 $12,240.45 $3,520.20 $1,941,981.60
3 $15,760.65 $12,218.30 $3,542.35 $1,938,439.25
4 $15,760.65 $12,196.01 $3,564.64 $1,934,874.61
5 $15,760.65 $12,173.59 $3,587.07 $1,931,287.55
6 $15,760.65 $12,151.02 $3,609.63 $1,927,677.91
7 $15,760.65 $12,128.31 $3,632.35 $1,924,045.57
8 $15,760.65 $12,105.45 $3,655.20 $1,920,390.37
9 $15,760.65 $12,082.46 $3,678.20 $1,916,712.17
10 $15,760.65 $12,059.31 $3,701.34 $1,913,010.83
11 $15,760.65 $12,036.03 $3,724.63 $1,909,286.21
12 $15,760.65 $12,012.59 $3,748.06 $1,905,538.15
13 $15,760.65 $11,989.01 $3,771.64 $1,901,766.50
14 $15,760.65 $11,965.28 $3,795.37 $1,897,971.13
15 $15,760.65 $11,941.40 $3,819.25 $1,894,151.88
16 $15,760.65 $11,917.37 $3,843.28 $1,890,308.60
17 $15,760.65 $11,893.19 $3,867.46 $1,886,441.14
18 $15,760.65 $11,868.86 $3,891.79 $1,882,549.35
19 $15,760.65 $11,844.37 $3,916.28 $1,878,633.07
20 $15,760.65 $11,819.73 $3,940.92 $1,874,692.15
21 $15,760.65 $11,794.94 $3,965.71 $1,870,726.43
22 $15,760.65 $11,769.99 $3,990.67 $1,866,735.77
23 $15,760.65 $11,744.88 $4,015.77 $1,862,720.00
24 $15,760.65 $11,719.61 $4,041.04 $1,858,678.96
25 $15,760.65 $11,694.19 $4,066.46 $1,854,612.49
26 $15,760.65 $11,668.60 $4,092.05 $1,850,520.44
27 $15,760.65 $11,642.86 $4,117.79 $1,846,402.65
28 $15,760.65 $11,616.95 $4,143.70 $1,842,258.95
29 $15,760.65 $11,590.88 $4,169.77 $1,838,089.17
30 $15,760.65 $11,564.64 $4,196.01 $1,833,893.17
31 $15,760.65 $11,538.24 $4,222.41 $1,829,670.76
32 $15,760.65 $11,511.68 $4,248.97 $1,825,421.78
33 $15,760.65 $11,484.95 $4,275.71 $1,821,146.08
34 $15,760.65 $11,458.04 $4,302.61 $1,816,843.47
35 $15,760.65 $11,430.97 $4,329.68 $1,812,513.79
36 $15,760.65 $11,403.73 $4,356.92 $1,808,156.87
37 $15,760.65 $11,376.32 $4,384.33 $1,803,772.54
38 $15,760.65 $11,348.74 $4,411.92 $1,799,360.62
39 $15,760.65 $11,320.98 $4,439.68 $1,794,920.95
40 $15,760.65 $11,293.04 $4,467.61 $1,790,453.34
41 $15,760.65 $11,264.94 $4,495.72 $1,785,957.62
42 $15,760.65 $11,236.65 $4,524.00 $1,781,433.62
43 $15,760.65 $11,208.19 $4,552.47 $1,776,881.15
44 $15,760.65 $11,179.54 $4,581.11 $1,772,300.04
45 $15,760.65 $11,150.72 $4,609.93 $1,767,690.11
46 $15,760.65 $11,121.72 $4,638.94 $1,763,051.18
47 $15,760.65 $11,092.53 $4,668.12 $1,758,383.05
48 $15,760.65 $11,063.16 $4,697.49 $1,753,685.56
49 $15,760.65 $11,033.60 $4,727.05 $1,748,958.52
50 $15,760.65 $11,003.86 $4,756.79 $1,744,201.73
51 $15,760.65 $10,973.94 $4,786.72 $1,739,415.01
52 $15,760.65 $10,943.82 $4,816.83 $1,734,598.18
53 $15,760.65 $10,913.51 $4,847.14 $1,729,751.04
54 $15,760.65 $10,883.02 $4,877.64 $1,724,873.40
55 $15,760.65 $10,852.33 $4,908.32 $1,719,965.08
56 $15,760.65 $10,821.45 $4,939.21 $1,715,025.87
57 $15,760.65 $10,790.37 $4,970.28 $1,710,055.59
58 $15,760.65 $10,759.10 $5,001.55 $1,705,054.04
59 $15,760.65 $10,727.63 $5,033.02 $1,700,021.02
60 $15,760.65 $10,695.97 $5,064.69 $1,694,956.33
61 $15,760.65 $10,664.10 $5,096.55 $1,689,859.78
62 $15,760.65 $10,632.03 $5,128.62 $1,684,731.16
63 $15,760.65 $10,599.77 $5,160.89 $1,679,570.28
64 $15,760.65 $10,567.30 $5,193.36 $1,674,376.92
65 $15,760.65 $10,534.62 $5,226.03 $1,669,150.89
66 $15,760.65 $10,501.74 $5,258.91 $1,663,891.98
67 $15,760.65 $10,468.65 $5,292.00 $1,658,599.98
68 $15,760.65 $10,435.36 $5,325.29 $1,653,274.68
69 $15,760.65 $10,401.85 $5,358.80 $1,647,915.89
70 $15,760.65 $10,368.14 $5,392.51 $1,642,523.37
71 $15,760.65 $10,334.21 $5,426.44 $1,637,096.93
72 $15,760.65 $10,300.07 $5,460.58 $1,631,636.34
73 $15,760.65 $10,265.71 $5,494.94 $1,626,141.40
74 $15,760.65 $10,231.14 $5,529.51 $1,620,611.89
75 $15,760.65 $10,196.35 $5,564.30 $1,615,047.59
76 $15,760.65 $10,161.34 $5,599.31 $1,609,448.28
77 $15,760.65 $10,126.11 $5,634.54 $1,603,813.74
78 $15,760.65 $10,090.66 $5,669.99 $1,598,143.75
79 $15,760.65 $10,054.99 $5,705.66 $1,592,438.08
80 $15,760.65 $10,019.09 $5,741.56 $1,586,696.52
81 $15,760.65 $9,982.97 $5,777.69 $1,580,918.83
82 $15,760.65 $9,946.61 $5,814.04 $1,575,104.79
83 $15,760.65 $9,910.03 $5,850.62 $1,569,254.17
84 $15,760.65 $9,873.22 $5,887.43 $1,563,366.75
85 $15,760.65 $9,836.18 $5,924.47 $1,557,442.28
86 $15,760.65 $9,798.91 $5,961.74 $1,551,480.53
87 $15,760.65 $9,761.40 $5,999.25 $1,545,481.28
88 $15,760.65 $9,723.65 $6,037.00 $1,539,444.28
89 $15,760.65 $9,685.67 $6,074.98 $1,533,369.30
90 $15,760.65 $9,647.45 $6,113.20 $1,527,256.09
91 $15,760.65 $9,608.99 $6,151.67 $1,521,104.43
92 $15,760.65 $9,570.28 $6,190.37 $1,514,914.06
93 $15,760.65 $9,531.33 $6,229.32 $1,508,684.74
94 $15,760.65 $9,492.14 $6,268.51 $1,502,416.23
95 $15,760.65 $9,452.70 $6,307.95 $1,496,108.28
96 $15,760.65 $9,413.01 $6,347.64 $1,489,760.64
97 $15,760.65 $9,373.08 $6,387.58 $1,483,373.06
98 $15,760.65 $9,332.89 $6,427.76 $1,476,945.30
99 $15,760.65 $9,292.45 $6,468.20 $1,470,477.09
100 $15,760.65 $9,251.75 $6,508.90 $1,463,968.19
101 $15,760.65 $9,210.80 $6,549.85 $1,457,418.34
102 $15,760.65 $9,169.59 $6,591.06 $1,450,827.28
103 $15,760.65 $9,128.12 $6,632.53 $1,444,194.75
104 $15,760.65 $9,086.39 $6,674.26 $1,437,520.49
105 $15,760.65 $9,044.40 $6,716.25 $1,430,804.24
106 $15,760.65 $9,002.14 $6,758.51 $1,424,045.73
107 $15,760.65 $8,959.62 $6,801.03 $1,417,244.70
108 $15,760.65 $8,916.83 $6,843.82 $1,410,400.87
109 $15,760.65 $8,873.77 $6,886.88 $1,403,513.99
110 $15,760.65 $8,830.44 $6,930.21 $1,396,583.78
111 $15,760.65 $8,786.84 $6,973.81 $1,389,609.97
112 $15,760.65 $8,742.96 $7,017.69 $1,382,592.28
113 $15,760.65 $8,698.81 $7,061.84 $1,375,530.44
114 $15,760.65 $8,654.38 $7,106.27 $1,368,424.17
115 $15,760.65 $8,609.67 $7,150.98 $1,361,273.18
116 $15,760.65 $8,564.68 $7,195.98 $1,354,077.21
117 $15,760.65 $8,519.40 $7,241.25 $1,346,835.96
118 $15,760.65 $8,473.84 $7,286.81 $1,339,549.15
119 $15,760.65 $8,428.00 $7,332.66 $1,332,216.49
120 $15,760.65 $8,381.86 $7,378.79 $1,324,837.70
121 $15,760.65 $8,335.44 $7,425.22 $1,317,412.49
122 $15,760.65 $8,288.72 $7,471.93 $1,309,940.55
123 $15,760.65 $8,241.71 $7,518.94 $1,302,421.61
124 $15,760.65 $8,194.40 $7,566.25 $1,294,855.36
125 $15,760.65 $8,146.80 $7,613.85 $1,287,241.51
126 $15,760.65 $8,098.89 $7,661.76 $1,279,579.75
127 $15,760.65 $8,050.69 $7,709.96 $1,271,869.79
128 $15,760.65 $8,002.18 $7,758.47 $1,264,111.31
129 $15,760.65 $7,953.37 $7,807.29 $1,256,304.03
130 $15,760.65 $7,904.25 $7,856.41 $1,248,447.62
131 $15,760.65 $7,854.82 $7,905.84 $1,240,541.79
132 $15,760.65 $7,805.08 $7,955.58 $1,232,586.21
133 $15,760.65 $7,755.02 $8,005.63 $1,224,580.58
134 $15,760.65 $7,704.65 $8,056.00 $1,216,524.58
135 $15,760.65 $7,653.97 $8,106.69 $1,208,417.89
136 $15,760.65 $7,602.96 $8,157.69 $1,200,260.20
137 $15,760.65 $7,551.64 $8,209.02 $1,192,051.19
138 $15,760.65 $7,499.99 $8,260.66 $1,183,790.52
139 $15,760.65 $7,448.02 $8,312.64 $1,175,477.89
140 $15,760.65 $7,395.72 $8,364.94 $1,167,112.95
141 $15,760.65 $7,343.09 $8,417.57 $1,158,695.38
142 $15,760.65 $7,290.13 $8,470.53 $1,150,224.86
143 $15,760.65 $7,236.83 $8,523.82 $1,141,701.03
144 $15,760.65 $7,183.20 $8,577.45 $1,133,123.58
145 $15,760.65 $7,129.24 $8,631.42 $1,124,492.17
146 $15,760.65 $7,074.93 $8,685.72 $1,115,806.45
147 $15,760.65 $7,020.28 $8,740.37 $1,107,066.08
148 $15,760.65 $6,965.29 $8,795.36 $1,098,270.71
149 $15,760.65 $6,909.95 $8,850.70 $1,089,420.01
150 $15,760.65 $6,854.27 $8,906.38 $1,080,513.63
151 $15,760.65 $6,798.23 $8,962.42 $1,071,551.21
152 $15,760.65 $6,741.84 $9,018.81 $1,062,532.40
153 $15,760.65 $6,685.10 $9,075.55 $1,053,456.85
154 $15,760.65 $6,628.00 $9,132.65 $1,044,324.19
155 $15,760.65 $6,570.54 $9,190.11 $1,035,134.08
156 $15,760.65 $6,512.72 $9,247.93 $1,025,886.15
157 $15,760.65 $6,454.53 $9,306.12 $1,016,580.03
158 $15,760.65 $6,395.98 $9,364.67 $1,007,215.36
159 $15,760.65 $6,337.06 $9,423.59 $997,791.77
160 $15,760.65 $6,277.77 $9,482.88 $988,308.89
161 $15,760.65 $6,218.11 $9,542.54 $978,766.35
162 $15,760.65 $6,158.07 $9,602.58 $969,163.77
163 $15,760.65 $6,097.66 $9,663.00 $959,500.77
164 $15,760.65 $6,036.86 $9,723.79 $949,776.98
165 $15,760.65 $5,975.68 $9,784.97 $939,992.00
166 $15,760.65 $5,914.12 $9,846.54 $930,145.47
167 $15,760.65 $5,852.17 $9,908.49 $920,236.98
168 $15,760.65 $5,789.82 $9,970.83 $910,266.15
169 $15,760.65 $5,727.09 $10,033.56 $900,232.59
170 $15,760.65 $5,663.96 $10,096.69 $890,135.90
171 $15,760.65 $5,600.44 $10,160.21 $879,975.69
172 $15,760.65 $5,536.51 $10,224.14 $869,751.55
173 $15,760.65 $5,472.19 $10,288.47 $859,463.08
174 $15,760.65 $5,407.46 $10,353.20 $849,109.89
175 $15,760.65 $5,342.32 $10,418.34 $838,691.55
176 $15,760.65 $5,276.77 $10,483.88 $828,207.67
177 $15,760.65 $5,210.81 $10,549.85 $817,657.82
178 $15,760.65 $5,144.43 $10,616.22 $807,041.60
179 $15,760.65 $5,077.64 $10,683.02 $796,358.58
180 $15,760.65 $5,010.42 $10,750.23 $785,608.35
181 $15,760.65 $4,942.79 $10,817.87 $774,790.49
182 $15,760.65 $4,874.72 $10,885.93 $763,904.56
183 $15,760.65 $4,806.23 $10,954.42 $752,950.14
184 $15,760.65 $4,737.31 $11,023.34 $741,926.80
185 $15,760.65 $4,667.96 $11,092.70 $730,834.10
186 $15,760.65 $4,598.16 $11,162.49 $719,671.61
187 $15,760.65 $4,527.93 $11,232.72 $708,438.89
188 $15,760.65 $4,457.26 $11,303.39 $697,135.50
189 $15,760.65 $4,386.14 $11,374.51 $685,761.00
190 $15,760.65 $4,314.58 $11,446.07 $674,314.92
191 $15,760.65 $4,242.56 $11,518.09 $662,796.84
192 $15,760.65 $4,170.10 $11,590.56 $651,206.28
193 $15,760.65 $4,097.17 $11,663.48 $639,542.80
194 $15,760.65 $4,023.79 $11,736.86 $627,805.94
195 $15,760.65 $3,949.95 $11,810.71 $615,995.23
196 $15,760.65 $3,875.64 $11,885.02 $604,110.22
197 $15,760.65 $3,800.86 $11,959.79 $592,150.42
198 $15,760.65 $3,725.61 $12,035.04 $580,115.38
199 $15,760.65 $3,649.89 $12,110.76 $568,004.62
200 $15,760.65 $3,573.70 $12,186.96 $555,817.67
201 $15,760.65 $3,497.02 $12,263.63 $543,554.03
202 $15,760.65 $3,419.86 $12,340.79 $531,213.24
203 $15,760.65 $3,342.22 $12,418.44 $518,794.81
204 $15,760.65 $3,264.08 $12,496.57 $506,298.24
205 $15,760.65 $3,185.46 $12,575.19 $493,723.05
206 $15,760.65 $3,106.34 $12,654.31 $481,068.73
207 $15,760.65 $3,026.72 $12,733.93 $468,334.81
208 $15,760.65 $2,946.61 $12,814.05 $455,520.76
209 $15,760.65 $2,865.98 $12,894.67 $442,626.09
210 $15,760.65 $2,784.86 $12,975.80 $429,650.30
211 $15,760.65 $2,703.22 $13,057.44 $416,592.86
212 $15,760.65 $2,621.06 $13,139.59 $403,453.27
213 $15,760.65 $2,538.39 $13,222.26 $390,231.01
214 $15,760.65 $2,455.20 $13,305.45 $376,925.56
215 $15,760.65 $2,371.49 $13,389.16 $363,536.40
216 $15,760.65 $2,287.25 $13,473.40 $350,063.00
217 $15,760.65 $2,202.48 $13,558.17 $336,504.83
218 $15,760.65 $2,117.18 $13,643.48 $322,861.35
219 $15,760.65 $2,031.34 $13,729.32 $309,132.03
220 $15,760.65 $1,944.96 $13,815.70 $295,316.34
221 $15,760.65 $1,858.03 $13,902.62 $281,413.72
222 $15,760.65 $1,770.56 $13,990.09 $267,423.62
223 $15,760.65 $1,682.54 $14,078.11 $253,345.51
224 $15,760.65 $1,593.97 $14,166.69 $239,178.83
225 $15,760.65 $1,504.83 $14,255.82 $224,923.01
226 $15,760.65 $1,415.14 $14,345.51 $210,577.49
227 $15,760.65 $1,324.88 $14,435.77 $196,141.73
228 $15,760.65 $1,234.06 $14,526.59 $181,615.13
229 $15,760.65 $1,142.66 $14,617.99 $166,997.14
230 $15,760.65 $1,050.69 $14,709.96 $152,287.18
231 $15,760.65 $958.14 $14,802.51 $137,484.67
232 $15,760.65 $865.01 $14,895.64 $122,589.02
233 $15,760.65 $771.29 $14,989.36 $107,599.66
234 $15,760.65 $676.98 $15,083.67 $92,515.99
235 $15,760.65 $582.08 $15,178.57 $77,337.41
236 $15,760.65 $486.58 $15,274.07 $62,063.34
237 $15,760.65 $390.48 $15,370.17 $46,693.17
238 $15,760.65 $293.78 $15,466.87 $31,226.30
239 $15,760.65 $196.47 $15,564.19 $15,662.11
240 $15,760.65 $98.54 $15,662.11 $0.00

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JC Hearn
CCIM | ALC | RENE
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