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$40,000

NAL Estimated Property Value

000 Clear Lake Dr & Black Bear Lane DR, La Grange, TX, 78945

Off MarketInfo

About this property

Escape to the desirable Clear Lake Pines subdivision in La Grange, Texas. You will find 1.51 acres, with road frontage on two roads. This property fronts Clear Lake Drive and backs up to Black Bear Lane. There are several building spots. There is a water meter in place fronting Clear Lake Dr and Buyer would be responsible for installing electricity and septic. Prime Location & Community Amenities: • Conveniently located between Highways 71 & 290 • Access to seven scenic lakes, ideal for fishing, kayaking, or simply unwinding by the water • Enjoy walks through the pine forest oasis Property Details & Requirements: • Light deed restrictions require a site-built home (minimum 1,200 sq. ft.) • Annual road maintenance fee: $240 • Utilities: Lee County Water available; septic installation required • Colorado Valley Communications fiber internet coming soon

Investor Tools

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$40,000
Estimated Property Value
$0Estimated Mortgage Balance
$40,000Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$240/month
5.947%

City: La Grange

000 Clear Lake Dr & Black Bear Lane DR | Property Details | No Agent List