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$159,000

000 Watters Edge Drive, Larue, TX, 75770

On MarketInfo

About this property

This 2.10-acre wooded lot sits at the back gate entrance of Safari Waters Ranch, a private gated community with 1,775 acres of forest and home sites from 1 to 5 acres. The neighborhood has three spring-fed lakes, covering 130 acres, stocked with bass, catfish, crappie, and bream. You’ll see exotic wildlife like zebra, fallow deer, axis deer, white-tailed deer, and Pere David's deer roaming the area. Property owners and their guests can use Camp Safari RV Park, which offers 28 full hook-ups, a pavilion, and restrooms. There are also shared spaces with fishing docks, boat ramps, and lakeside picnic and grill areas. Residents enjoy a peaceful country lifestyle just 90 minutes from Dallas. You can choose your own builder; there’s no deadline to build, and the property qualifies for an agricultural use exemption. It’s a wonderful spot to call home or to enjoy as a relaxing getaway.

Investor Tools

$0Estimated Mortgage Balance
$159,000Estimated 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
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Cutberto Salas

Realty Preferred DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,000/month
5.947%

City: Larue

000 Watters Edge Drive | Property Details | No Agent List