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$285,000

12890 U.S. 287, Stratford, TX, 79084

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.69 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Dishwasher, Microwave

Building Information

Garage Spaces2

About this property

A Diamond in the Rough with Income Potential. Enjoy the amenities of country living with the added benefit of rental income on this unique property located just south of Stratford, Texas, with easy access right off Hwy 287. Situated on approximately 3.2 acres, this property offers space, functionality, and opportunity. The main residence is a 2021 Clayton built home from the Farmhouse Collection, featuring modern farmhouse style and comfortable living space. 3 bedrooms, 2 baths. Additional improvements include a 40' x 100', metal frame, Quonset barn, a set of livestock pens, and a second stucco home with a detached two-car garage that is currently being used as a rental property, providing income potential. This home has 2 bedrooms, 1 bath, has been remodeled and includes central heat and air, newer windows and a metal roof. This versatile property offers room for livestock, equipment, and investment opportunity all in one convenient location. Seller is a New Mexico real estate broker with Scott Land Company, LLC

Investor Tools

$0Estimated Mortgage Balance
$285,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Krystal Nelson

Scott Land Co., LLC

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Financing Details

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

City: Stratford