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$120,000
NAL Estimated Property Value0 County Road 200L, Floydada, TX
Off Market
About this property
Nice income producing property located in Floyd County. This 80 Acres is signed up in the Grassland CRP Program starting in 2023 which pays $18/Acre and also still allows you to use the grass for grazing purposes. This 80 acres has an old well on it that could potentially be used again if it was properly bailed out. There is a known Mule Deer population in the area. This tract is priced to sell!
Investor Tools
$120,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%