$1,286,000
NAL Estimated Property Value1114 Fm 183, Purmela, TX, 76566
Off Market
Highlights
Interior
Exterior
Lot Size245.91 acres
Building Information
Year Built1965
Garage Spaces1
Land Information
APN0-23-07-5000
Land UseResidential
Legal Description0356 A B FLUERY, ACRES 376.21
Assessed Land Value$28,390
Assessed Improvement Value$90,770
Assessment Year2025
About this property
37 plus or minus acres just south of Purmela, TX with good tree cover and rolling terrain. The property has a draw running through it would make a great place to built a large tank. The property has 1 stock tank, electricity is located at the FM Road and a water meter is available with Multi-County Water. The property has great views overlooking the Cow House Creek valley. The property is approx. 15 minutes from Gatesville, Tx and about 45 minutes to Waco & Temple TX.
Investor Tools
$1,286,000
Estimated Property Value
$1,192,093Estimated Mortgage Balance
$93,907Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,716 /month
Positive
Cash Flow Estimate:
$2,572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,315
$119,160
2025
$28,390
$90,770
$1,085,920
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,315
$119,160
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Open End Mortgage / Open End With Future Advance Clause
$1,458,800
No
First
Jul 27, 2017
Aug 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,192,093
$93,907
7%
93%
$8,747/mo
