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$188,000

NAL Estimated Property Value

0 Iron Bridge Road Road, Burton, TX, 77835

Off MarketInfo

Property Lead Type:

Off-Market List

About this property

LAST TRACT REMAINIING! Discover approximately 3.05 acres of unrestricted land, situated near picturesque Lake Somerville. This versatile property holds immense potential for development, appealing to a variety of uses. Whether you envision a permanent residence, or a weekend getaway. Located 10 minutes from Lake Somerville and 15 minutes from Burton (Hwy 290), it is conveniently located approx. a 1.5 hour drive to Houston and Austin. Bryan-College Station is a 1 hr. drive, the charming town of Round Top, famous for its antique festivals, shopping, dining, and cultural offerings, is approx. 20 minutes away. From peaceful retreats to thriving commercial ventures, this property provides endless possibilities. Mineral rights will not be conveyed. Schedule your showing today, do not miss this opportunity!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

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

City: Burton