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$499,000

NAL Estimated Property Value

12727 N US HWY 259, Ore City, TX, 75683

Off MarketInfo

About this property

This is a very diversified tract of land with good elevation change throughout the property. The owner also has 8.25+/- acres listed for sale that adjoins on the south end of this 100 +/- acre listing. There is a year around creek on the south end of the property that has a limited amount of flood zone shown on the FEMA map. The majority of the property has US HWY 259 frontage on the east side with 4 entry points. Verbena Rd borders the west side of the property and is easily accessible. The property touches FM 557 on the north edge of the property. This tract can be divided multiple ways and has really nice home sites with views. There is an area with a spring that feeds a large pond site. Located about 6 miles north of Ore City and less than a mile from Lake O' the Pines Lone start Boat Launch. Bi-County water, Upshur Rural Electric and Fiber run down the road frontage on US HWY 259. The owner has water, fiber, electric and a 300 gallon septic system already installed, plus a 20x24' metal shop/garage with a concrete floor. Bring your vision and turn this into an opportunity!

Investor Tools

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$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated 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
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

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

City: Ore City

12727 N US HWY 259 | Property Details | No Agent List