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$230,000

NAL Estimated Property Value

13.829 Acres ** 9840 FM 116, Gatesville, TX, 76528

Off MarketInfo

About this property

13.829 ACRES OF UNRESTRICTED LAND, FULLY FENCED WITH A GATE ON FM 116 Come and build your dream home here! There are many scenic locations throughout the property to build a home. There is electricity on the property, and co-op water is available. The driveway off FM 116 has a culvert with concrete ends and a gate at the driveway for privacy. There is a roughed-in driveway into the property, as there used to be a residence on the property. There is a two-car carport on a concrete slab that has electricity, and the carport is in very good condition. This land is mostly cleared and flat with many mature shade trees. There are two electrical service panels - one on a power pole, and one on the carport. The property is ready for animals as the perimeter is fenced and and the land is mostly cleared. There are no restrictions on the property. Utilities are provided by Hamilton County Electric Coop and Multi-County Water. Please visit the virtual tour for videos of the beautiful property.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated 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
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

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

City: Gatesville

13.829 Acres ** 9840 FM 116 | Property Details | No Agent List