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$254,000

000 FM 317, Brownsboro, TX, 75756

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About this property

Welcome to OT2 Ranch in Henderson County, Texas near the community of Leagueville in East Texas. The location of the ranch for sale is convenient to Brownsboro, Athens, Chandler, and Lake Palestine. The ranch is 18.72 acres in size and is packed with options. For openers there is an 80 x 120 foot arena that the current owner used to train cutting horses. Other uses for the arena could be to train your horses for Barrels, Poles, Keyhole and Western Pleasure. The arena is lit with solar-charged lighting for nighttime training. There is a three-stall gated loafing shed next to the arena. The property has an even mix of open grassland and hardwood timber. Good grass for grazing with a hay meadow. There is a cross fence approximately in the middle of the property. Beyond the cross fence there is fencing only along the west and southern boundaries. At the very back property is a heavily treed hardwood bottom that has extreme wildlife habitat. Hunt Whitetail Deer, Hogs and other small varmints. There is community water on the property and electrical service is available. This offering is good way to own a little slice of Texas.

Investor Tools

$0Estimated Mortgage Balance
$254,000Estimated 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
$1,524 /month
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Cash Flow Estimate:
$508 /month

Interested in this property?

Carroll Bobo

United Country Legacy Land Company

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Financing Details

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

City: Brownsboro

000 FM 317 | Property Details | No Agent List