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$199,000

1020 Pleasant Valley Rd, May, TX, 76857

Under ContractInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.49 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesGas Range, Microwave, Refrigerator
FlooringConcrete

Exterior

Exterior FeaturesStorage

About this property

Great 10.99 ac property covered predominately with mature Post Oaks and Live Oaks and some Mesquites and Elms mixed in. The land is level with sandy loam soil and native grasses. Fences on 3 sides are present but not guaranteed to hold livestock on 2 of them. The home is built inside an approx 24x48 metal building. The home takes up all of the space except a 10x24 area that's still shop space. The home is 1 bedroom 1 bath with a small office. They all have concrete floors, OSB & sheetrock walls, window units for ac and propane heaters. There is a nice covered porch on the back side of the house looking into the trees. Utilities are Comanche Elec Coop, a propane tank and Zephyr Coop water. The land has a lot of tree cover but also some open areas for a deer feeder or to plant a garden. There is a 12x16 portable storage building and two other small ones for tools, equipment, etc.

Investor Tools

$0Estimated Mortgage Balance
$160,545Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

City: May

1020 Pleasant Valley Rd | Property Details | No Agent List