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$271,800

NAL Estimated Property Value

0 FM 1424, Hale Center, TX, 79041

Off MarketInfo

About this property

This property offers a great opportunity for someone interested in starting their own farming operation or just adding an excellent source of income to what they already have! The farm is 108.72 acres with paved access and is currently planted in cotton with 96 acres of it irrigated (row watered). 2 6-inch wells, 600 GPM. Submersible pumps convey, Farm is very level and well taken care of by the farmer. This is one of two farms available. The second farm is 100 acres 1/2 mile west of this property on CR 155. See MLS 201708405.

Investor Tools

Property Icon
$271,800
Estimated Property Value
$0Estimated Mortgage Balance
$271,800Estimated 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
$1,631 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Hale Center

0 FM 1424 | Property Details | No Agent List