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$95,000

12865 FM 729, Avinger, TX, 75630

On MarketInfo

About this property

Approximately 2 acres in Deer Cove featuring 16 platted lots with 350 feet of road frontage and convenient drive-through access from FM 729 to Bass Street. This unique property is perfectly set up for RV use, weekend getaways, or future development. With four culverts already installed, easy access throughout the property makes it ideal for campers or multiple homesites. Utilities are in place and ready to go, including two power poles with meters, circuit panels, and outlets for 50-amp, 30-amp, and two 20-amp connections. Two water meter boxes are installed, with one meter currently in place and active. Included is a 250-gallon propane tank. The septic system was serviced recently. The land offers beautiful build sites for a barndominium or cabin retreat. Two outbuildings convey: an 8x10 metal storage building, a 12x16 wood structure with a metal roof, and a 20x28 concrete slab—perfect for equipment or weekend storage. Located just 2.2 miles from Alley Creek boat ramp at Lake of the Pines, enjoy fishing, boating, shopping, camping, and the scenic Piney Woods of East Texas. The property could be leased for RV use or divided. Endless possibilities for recreation, investment, or development.

Investor Tools

$0Estimated Mortgage Balance
$95,000Estimated 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
$570 /month
Positive
Cash Flow Estimate:
$190 /month

Interested in this property?

Cathy Surratt

Coldwell Banker Lenhart

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Financing Details

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

City: Avinger

12865 FM 729 | Property Details | No Agent List