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$300,000

NAL Estimated Property Value

0 RS County Road 2440, Emory, TX, 75440

Off MarketInfo

About this property

Presenting a blank canvas subdivision candidate. Look at the four lot concept of 5.6 acre lots. This corner parcel boasts dual frontage, an existing water meter, no deed restrictions, no flood plain and is in unincorporated Rains County with an Emory mailing address. Positioned between Lake Fork and Lake Tawakoni you are about an hour from downtown Dallas. This is Texas and the choice is yours, subdivide, build, ranch, hunt, farm or just hold as an investment. The existing water meter is on CR 2440. Whitetail deer sign was observed on the property. The soil is predominantly desirable Freestone sandy loam which is rated for moderate farming. Information is deemed reliable. However, Buyer should perform due diligence. Seller has the survey in hand.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$0Estimated Mortgage Balance
$300,000Estimated 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
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

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

City: Emory

0 RS County Road 2440 | Property Details | No Agent List