$950,000
NAL Estimated Property Value1209 N Of 71, Bastrop, TX, 78602
Off Market
About this property
Excellent investment opportunity or establish your homestead! No zoning, not in the ETJ. With over 396 feet of Frontage along FM 1209 and over 305’ along Blue Flame Rd. 2 miles from Elon Musk’s Boring Company and SpaceX. Less than 1/2 mile to Hwy 71. Expansion and improvements happening on FM 1209. Electric poles on property.There is one pond near the 1209 side of the property. Survey available. Buyer needs to verify development requirements with Bastrop County Development Services https://www.co.bastrop.tx.us/page/ds.home
Investor Tools
$950,000
Estimated Property Value
$0Estimated Mortgage Balance
$950,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
