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$59,999

NAL Estimated Property Value

1300 Pecan Shores DR, Smithville, TX, 78957

Off MarketInfo

About this property

Don't miss out on this awesome 2.669 acres in Pecan Shores! Heavily wooded blank canvas to make your own.Lot is fully within a Flood plain and possible floodway we are researching this now. City answers to common questions 1: What can we build there- What zone? The zoning is SF-1 Single Family Dwelling District. Manufactured homes, duplexes, multi-family and RV’s or RV parks are NOT allowed. Only Single family dwelling. Your surveyor/engineer needs to provide you with a Hydrological Report proving the new build will not cause an increase in flooding. That report will then be reviewed by the City’s Engineers, Half and Associates, to verify the information is correct before any permit process will begin. 2: Is Water available? Water taps will need to be paid for to have water services. 3: Is electricity available? You would need to pay underground electrical tap fees. We would have our electrical team provide the quote when you are ready to move forward with that process. 4: Sewer - Available ? If not, can we put it in a septic tank ? Sewer is not available through the City, you will need to contact Bastrop County to get permits to install septic in the Floodway. 5: Since it is in Flood zone, how high should the foundation be? The elevation certificate should show the finished bottom floor at or above 305.2

Investor Tools

Property Icon
$59,999
Estimated Property Value
$0Estimated Mortgage Balance
$59,999Estimated 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
$360 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

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

City: Smithville