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$89,000

00 E Highland Avenue, Aransas Pass, TX, 78336

On MarketInfo

About this property

Nearly one half acre just off S. Commercial in Aransas Pass, cleared and ready for your dreams! Drive by and check out the possibilities! Zoned R7A, the Aransas Pass Zoning Ordinance should be consulted for restrictions, but with this large and level hot, you have plenty of room to build. Minimum construction requirements per the Aransas Pass Zoning ordinance include at least a 1000 SF site-built dwelling, and that 50% of the front facade is masonry. The area does features some multi-family residential structures, so this may be an ideal spot for a small apartment building or duplex, city zoning ordinances permitting. Level and cleared, it's ready for your construction dreams! Be sure to visit with the folks at the City of Aransas Pass DEVELOPMENT office for verification of restrictions and details/fees pertaining to utility establishment...no utilities connected at this time.

Investor Tools

$0Estimated Mortgage Balance
$89,000Estimated 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
$534 /month
Positive
Cash Flow Estimate:
$178 /month

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Financing Details

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

City: Aransas Pass

00 E Highland Avenue | Property Details | No Agent List