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$250,000

NAL Estimated Property Value

000 FM 2987, Fannin, TX, 77905

Off MarketInfo

About this property

32.25 Acres of Untapped Potential on FM 2987 – A True Blank Canvas Welcome to your slice of Texas paradise! This newly surveyed 32.25-acre property on FM 2987 offers the perfect blend of open space and natural beauty, ready for you to build out exactly how you envision it. Whether you're dreaming of a custom home, a recreational retreat, or a private ranch, this land is your opportunity to create something truly special from the ground up. Towering, mature oak trees are scattered across the property, offering both shade and character, while the gently rolling terrain sets the stage for stunning homesites, or productive pastureland. Nature lovers will appreciate the abundant wildlife, making this an ideal spot for quiet country living. With no existing structures, the property is a true blank canvas—giving you unlimited possibilities to shape it to your needs and lifestyle. Don’t miss this chance to own a piece of Texas countryside with the freedom to make it your own.

Investor Tools

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$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated 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
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

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

City: Fannin

000 FM 2987 | Property Details | No Agent List