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$200,000

NAL Estimated Property Value

10ac East Interstate 30, Sulphur Springs, TX, 75482

Off MarketInfo

About this property

Heavily wooded 10 acres located on Interstate 30 (I-30) will make a great investment! Just past an off-ramp and HWY 69 overpass with the next on-ramp 3.85 miles way, easy access for getting back on the interstate. Property is only 4 miles from Sulphur Springs city limits with a short distance to town amenities. Sulphur Springs is only 80 miles east of Dallas and is also in the path of popular local recreational lakes, such as Lake Fork, Cooper Lake, Lake Cypress Springs, and Lake Bob Sandlin. Tract is located outside the city limits on a two-way I-30 access service road. Acreage includes lots of hardwoods & pond. Back corner has a power line easement. Electrical power line is on the frontage road along with water that that should be available (buyer will need to verify per individual needs). A great place to invest, develop, or build! Average Daily Traffic County per TXDOT is 30,000-37,000 for the past 3 years.

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$200,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,000Estimated 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
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

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

City: Sulphur Springs

10ac East Interstate 30 | Property Details | No Agent List