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$415,000

NAL Estimated Property Value

1202 CR 438, Thorndale, TX, 76577

Off MarketInfo

About this property

Wide open spaces and room to breathe! Come see this 22-ac tract in Thorndale - perfect place for your family to build their homestead. No restrictions! Outside of city limits. Utilities available - water meter available with Southwest Milam Water Supply, electricity on property, well on property, on-site septic present (condition unknown). No value given to home on property. Property is currently being used for corn production with agricultural lease tenant - crop to be harvested late summer. ~20 acres cultivated. Just 5 miles from downtown Thorndale, 15 miles to Taylor and 50 miles to downtown Austin, this property is within easy commuting distance to many amenities but allows you to return home to a peaceful country setting. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all details.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$0Estimated Mortgage Balance
$415,000Estimated 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
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

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

City: Thorndale

1202 CR 438 | Property Details | No Agent List