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$315,000

NAL Estimated Property Value

10AC Milo, Whitewright, TX, 75491

Off MarketInfo

About this property

This 10-acre vacant land is located in a prime location off Hwy 69 on a peaceful country road. It offers a perfect opportunity to build your dream home or make a smart investment. The land is currently leased to a farmer, ensuring that it remains productive until you're ready to develop it. The majority of the land is flat, providing a blank canvas for your future plans. Towards the back of the tract, there is a row of trees that adds natural beauty and privacy. On the east side, there is a small gully, adding some variation to the landscape. The surrounding area, including Whitewright and its neighboring regions, is experiencing significant growth. This makes the land an excellent prospect for development. However, you have the flexibility to keep it in agriculture until you're prepared to build. Whether you're looking to create your dream home or capitalize on the potential for development, this 10-acre vacant land offers a fantastic opportunity.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated 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
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

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

City: Whitewright

10AC Milo | Property Details | No Agent List