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$394,900

NAL Estimated Property Value

12AC S State Highway 78, Leonard, TX, 75452

Off MarketInfo

About this property

SELLER IS MOTIVATED...Wooded 12 acre lot on a hard corner of Hwy 78 and FM 981. Prime location for property that is suitable for residential development or for a small commercial or both with an easy commute to the metroplex. There are many new up and coming homes in the area. Water, Electric and High-Speed Fiber Optics is available at the road. Seller is offering to carry the note.

Investor Tools

Property Icon
$394,900
Estimated Property Value
$0Estimated Mortgage Balance
$394,900Estimated 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
$2,369 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

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

City: Leonard

12AC S State Highway 78 | Property Details | No Agent List