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$2,975,000

NAL Estimated Property Value

11907 N Sparks RD, Manor, TX, 78653

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,724 Sq Ft
FarmFarm
price_per_sqft$1,725.64 / sqft
Year BuiltBuilt in 1870

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesFree-Standing Range, Refrigerator, Electric Water Heater
FlooringCarpet, Wood

Building Information

Garage Spaces2

About this property

Sparks Farm was established in 1942. An Ag Exempt property with homestead on 137 acres of lush, expansive & gently sloping Texas land. Surrounded by neighboring ranches, bee & wildlife sanctuaries & moderately covered with trees, native grasses, & pasture land that can be seeded & turned for resourceful maintenance. A long drive leads up to the home site, with multiple outbuildings. The homestead & barn are distressed with restoration & reclaim material opportunity. The old barn is like an antique shop with vintage items & tin material that could be re-purposed or the buildings refurbished for future projects. Electricity & city water is available on property. Sparks farm is perimeter fenced & cross-fenced with gate access for grazing & herd management. There is a current grazing lease, (current tenant) & two stock tanks for livestock on property. POSSIBLE COMMERCIAL OPPORTUNITY for veterinary or therapy facilities,custom home builder or recreation complex. Conveniently located within a few miles of major highways & minutes of downtown Austin,Apple, Samsung, and the new Tesla facility.

Investor Tools

Property Icon
$2,975,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,975,000Estimated 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
$17,850 /month
Positive
Cash Flow Estimate:
$5,950 /month

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Financing Details

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

City: Manor

11907 N Sparks RD | Property Details | No Agent List