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$4,199,650

$4,799,600

119.99 AC EXPRESSWAY 77, LOS FRESNOS, TX, 78566

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About this property

Developers dream! +/- 119.99 acres of good, dry level farmland with development potential. Located just behind the new Madeira subdivision. East Rio Hondo water has both water and sewer on site. Buyers need to speak with East Rio Water to check on available capacity of sewer service. The property is a part of a +/- 324 acres and can be sold together as seen in the survey or separately as seen in the highlighted lots of the uploaded survey. This property is subject to the buyer completing a new survey.

Investor Tools

$0Estimated Mortgage Balance
$4,199,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$25,198 /month
Positive
Cash Flow Estimate:
$8,399 /month

Interested in this property?

STEPHANIE GREEN

ROCKING K REALTY & AUCTIONS

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Financing Details

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

City: LOS FRESNOS

119.99 AC EXPRESSWAY 77 | Property Details | No Agent List