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$173,900

NAL Estimated Property Value

000 FM 106, RIO HONDO, TX, 78583

Off MarketInfo

About this property

great dry farmland, located in flood zone C, perfect for a new subdivision, property has about 925 feet of frontage along FM106 and about 1200 feet frontage on Palo Seco Road. Located with quick access to all near cities Arroyo City,Brownsville, South Padre Island and Harlingen. Property is currently leased. Seller to retain any minerals presently owned. There is electricity and water lines along FM 106

Investor Tools

Property Icon
$173,900
Estimated Property Value
$0Estimated Mortgage Balance
$173,900Estimated 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
$1,043 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

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

City: RIO HONDO

000 FM 106 | Property Details | No Agent List