Last 24 Hours
$264,656
NAL Estimated Property Value1086 FM 3061, Thorndale, TX, 76577
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Private PoolExterior FeaturesNone
About this property
Rare Opportunity to buy land on FM 3061 with 979 frontal property and 1,745 depth. Only 7 miles north of Thorndale and has an old water well that is currently not functional.Farmed as row crop with hay production that sellers are retaining for the 2019 crop production. Would be a great place for your new home site and could still use as an ag exemption.Sellers to retain 50% of Mineral Rights. Sign is 1 mile from the intersection of 421 and 3061 on the right.FEMA - Unknown
Investor Tools
$264,656
Estimated Property Value
$0Estimated Mortgage Balance
$264,656Estimated 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
$1,588 /month
Positive
Cash Flow Estimate:
$529 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%