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$753,750

NAL Estimated Property Value

000 Fm 180, Ledbetter, TX, 78946

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Property Lead Type:

Off-Market List

About this property

99.943 acres with frontage on FM 1697 and FM 180 in Ledbetter, Texas. The property is approximately 60% pasture and 40% woods, a great mix for ag and recreational use. With one large pond, one small pond, and sandy soil this tract is currently used to graze cattle, but would also make an awesome horse property. The property has an agricultural valuation and is leased for a cattle/hay operation. Located approximately 3.5 miles from Lake Somerville, and other protected land, this area is a haven for deer, wild hogs, and other wildlife. There are two or three nice homesites on the FM 1697 side of the property, where you'll find a nice westward view. The property includes two water wells. The sellers do not know the condition or status of these wells. The property has good to fair perimeter fencing. There are two oil wells located on the FM 180 side of the property. Sellers are retaining their minerals.

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Property Icon
$753,750
Estimated Property Value
$0Estimated Mortgage Balance
$753,750Estimated 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
$4,523 /month
Positive
Cash Flow Estimate:
$1,508 /month

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Financing Details

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

City: Ledbetter

000 Fm 180 | Property Details | No Agent List