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$1,987,300

NAL Estimated Property Value

0 FM 689, South Plains, TX

Off MarketInfo

About this property

Welcome to the breathtaking Floyd County Ranch, a hidden gem nestled in the heart of West Texas. Spanning an expansive 1,169 acres, this remarkable property offers an unparalleled opportunity to immerse yourself in the awe-inspiring beauty of the Caprock canyons, while enjoying a range of natural amenities that are truly rare to find in this region.The Floyd County Ranch is graced with the presence of multiple natural springs, a true gem in the arid landscape of West Texas. These pristine springs not only provide a lush oasis amidst the rugged terrain but also offer a sustainable water source, further enhancing the appeal and self-sufficiency of the property. Immerse yourself in the tranquility of these serene natural wonders, a testament to the untamed beauty of the land.Nestled within the embrace of large cottonwood trees, an enchanting off-the-grid cabin awaits you. Surrounded by the peaceful sounds of nature, this secluded retreat offers a respite from the demands of modern life.

Investor Tools

Property Icon
$1,987,300
Estimated Property Value
$0Estimated Mortgage Balance
$1,987,300Estimated 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
$11,924 /month
Positive
Cash Flow Estimate:
$3,975 /month

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Financing Details

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

City: South Plains

0 FM 689 | Property Details | No Agent List