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$438,000

NAL Estimated Property Value

00 VILLARREAL RD., RIO HONDO, TX, 78583

Off MarketInfo

About this property

62.711 Acres of crop farmland located in Rio Hondo ! These 62.711 acres are divided into 7 individual properties sold together ! See Property ID #'s. Land currently being farmed and has existing lease that expires when crop is harvested. Note: Buyer should determine the availability of utilities suitable to satisfy buyer's needs. Property ID 170439=11.03 ac, 170085=8.613ac 170086=8.614ac 170087=8.614ac, 170088=8.6140ac, 170089=8.613ac , 170090=8.613 ac

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$438,000
Estimated Property Value
$0Estimated Mortgage Balance
$438,000Estimated 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
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

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

City: RIO HONDO