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$299,997

NAL Estimated Property Value

00 Fm 580 E, Lampasas, TX, 76550

Off MarketInfo

Property Lead Type:

Off-Market List

About this property

Comprised of 2 adjacent tracts 58 & 59 which total 20.82 acres located in a very quiet, semi-secluded rural subdivision just east of the quaint community of Rumley. The property is set in a valley with ascending slopes on both sides. Oaks are plentiful ranging from lone trees to good oak motts with some cedar and a nice pecan tree located near the creek. Some good open ground is present with strong native grasses. There are numerous building sites on the slopes with views of the high mesas to the east, hilltops to the northwest and a creek that runs the length of the property that originates from a seep spring. The draw contains more than one potential lake sites. There are plentiful deer, turkey, hogs and the varmints common to the area. Light restrictions are in place to protect values. Electricity is present at the front and rear. A well would be need to be drilled for water. Land is currently taxed ag exempt.

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$299,997
Estimated Property Value
$0Estimated Mortgage Balance
$299,997Estimated 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: Lampasas

00 Fm 580 E | Property Details | No Agent List