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$185,000

NAL Estimated Property Value

1004 CR 2720 5, Mico, TX, 78056

Off MarketInfo

About this property

Welcome to your expansive 10.051-acre estate, just 24 miles from downtown San Antonio, offering a perfect blend of seclusion and convenience. Nestled on a serene ridgetop, this property provides stunning sunrises over lush grassland, oak, juniper, and Texas mountain laurel, with breathtaking views across the Geronimo Creek valley. The estate features 238.98 feet of frontage on County Road 2720 and stretches over 1,000 feet from east to west, strategically encompassing the ridge. A partially cleared site is ready for your dream home, set back 150 feet from the road, surrounded by mature oaks to the south and east. Adjacent to the community-owned natural preserves of Laurel Canyon Ranch, this property ensures a tranquil environment. Enjoy the best of country living with city amenities just a short drive away. Only 5 miles from the intersection of TX Hwy 211 and FM 471, you have quick access to shopping districts along Culebra Road, TX Loop 1604, and Hwy 90, as well as the greater San Antonio area. Medina Lake is a mere 20-minute drive, adding to the recreational opportunities. Exciting developments, including a new proposed HEB grocery store, are underway nearby, further enhancing the area's appeal. With no HOA restrictions, you have the freedom to design your ideal lifestyle, protected by deed restrictions (no mobile homes, no subdividing) to safeguard your investment. This is a prime opportunity to embrace the serene beauty and potential of this exceptional piece of land. The red-lined property lines on aerial maps are approximate, offering a visual guide to this unique estate. This is a prime opportunity to embrace the serene beauty and potential of this exceptional piece of land, providing a perfect setting for your dream home and a promising future. The red-lined property lines on aerial maps are approximate, offering a visual guide to this unique estate.

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$185,000
Estimated Property Value
$0Estimated Mortgage Balance
$185,000Estimated 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
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

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

City: Mico

1004 CR 2720 5 | Property Details | No Agent List