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$240,510

NAL Estimated Property Value

1031 Drover's Trail, Mineral Wells, TX, 76067

Off MarketInfo

About this property

Drover's Ridge is the perfect place to call home, giving you the seclusion and country living that is desired in today's society. Drover's Ridge Development is a gated community with 4 parcels to chose from, ranging from 8-12 acres each. These lots have been beautifully brushed and offer some of the best views in Parker County. This property is covered in mature Oak Trees and the sandy soil creates thick native grass and great drainage. Lot 3 is a great size for a small Ranchette. Bring your plans and find the perfect spot for your dream home and still have plenty of room for a barn, arena or workshop. If you enjoy wildlife deer and turkey have been spotted on occasion. There is no HOA, light restrictions and barndominiums are allowed. Per deed restrictions buyer will be required to run electrical line underground to their homesite. Buyer must put in a water well. Come visit Drover's Ridge, you will be glad you did. *Buyers agent to verify, schools, utilities and water well info*

Investor Tools

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$240,510
Estimated Property Value
$0Estimated Mortgage Balance
$240,510Estimated 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
$1,443 /month
Positive
Cash Flow Estimate:
$481 /month

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Financing Details

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

City: Mineral Wells

1031 Drover's Trail | Property Details | No Agent List