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$280,000

NAL Estimated Property Value

0 FM 181, Floydada, TX, 79235

Off MarketInfo

About this property

High Plains Ranch is the definition of a dream Texas panhandle property. Located 4 miles northeast of the small town of Floydada Texas in Floyd County, this 320 acre ranch is perfect for the cattleman and hunter alike. This property would be great a great place to build your dream home as it has a water well and electricity with county road bordering perimeter on 3 sides. The terrain of this property varies from nearly level to gently sloping. A fairly large playa lake area is located on the south central side of the property. Ducks, Geese, Sandhill Crane's, and Dove migrate through in large numbers as this property lies in the Plains Migratory route. The primary soil types are Lofton clay loam and Pullman clay loam and the beautiful stand of bluestem grass is great for cattle grazing. There is a new barbed wire fence with steel corners. Minerals are negotiable; however, 100% of the wind will be conveyed.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

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

City: Floydada

0 FM 181 | Property Details | No Agent List