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$199,500

00 Fm 1651, Canton, TX, 75103

On MarketInfo

About this property

Discover the perfect blend of country living and investment potential with this beautiful ±10-acre tract in Canton, TX. With an active agricultural exemption and owner financing available, this property offers an excellent opportunity to build your dream home, establish a small ranch, or invest in East Texas land. The property includes an existing well; however, the seller makes no representation regarding its condition or functionality. Buyer and buyer’s agent are responsible for verifying the well and completing all desired due diligence. Additional improvements include a storm shelter and existing concrete slab, providing a great starting point for future plans. The level, usable acreage offers plenty of room for livestock, horses, gardening, a workshop, recreational use, or a custom homesite. Owner financing is available with a minimum of 20% down. Conveniently located just minutes from Canton, the property offers the peace and privacy of country living while remaining close to shopping, dining, schools, and First Monday Trade Days. A versatile piece of East Texas acreage with flexible financing options and room to make it your own.

Investor Tools

$0Estimated Mortgage Balance
$199,500Estimated 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
$1,197 /month
Positive
Cash Flow Estimate:
$399 /month

Interested in this property?

Ashley Murdock

Exit Realty Pro

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Financing Details

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

City: Canton

00 Fm 1651 | Property Details | No Agent List