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$2,500

NAL Estimated Property Value

100 Polk Road, Bowie, TX, 76230

Off MarketInfo

About this property

DEVELOPMENT CLOSE-OUT....$2500 PER ACRE IS THE OPENING BID ON TRACT 1 IN THE LIVE AUCTION ON AUGUST 20TH. Selling a total of 73 Acres divided in 6 Tracts ranging in size from 11 acres to nearly 14 acres each. Buy any Tract, any Combination of Tracts or Buy it ALL. Rolling terrain, each Tract will own a ONE EIGHT INTEREST in the Center Driveway. Paved road frontage on Polk Road and FM 1816, several great Homesites. Property sells AS IS with NO Contingencies relating to Buyer's Funding, Post Sale Inspections, Appraisals and NO Option Period. LIVE AUCTION WILL BE HELD AT THE PROPERTY. Bidder Registration begins at 9am, Live Auction begins at 11am. 10 percent Buyer's Premium will be added to the High Bid Price. Buyer's Premium paid the day of the Auction by Cash or a Personal or Business Check will be accepted if accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due Wednesday, October 12, 2022 at Doster Law Group in Denton.

Investor Tools

Property Icon
$2,500
Estimated Property Value
$0Estimated Mortgage Balance
$2,500Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

City: Bowie

100 Polk Road | Property Details | No Agent List