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$550,000

NAL Estimated Property Value

150 Indian Wells Road, Lipan, TX, 76462

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
FarmFarm
price_per_sqft$275 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringSlate

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Garage Spaces1

About this property

You'll Love this 2000 square ft Barndo with a separate 720 sq ft guest apartment, garage-shop, storage building and livestock shed. This perfectly sized property is 7+ acres divided into separate pastures located minutes from Lipan, Hwy 281 and IH-20 making this the perfect location for easy commuting. Main house is a 3-2 finished with slate tile flooring and rough cedar trim with a large open living area and huge master bed and bath. The garage-shop apartment includes a living area, bedroom and full bath and can be used as a bunkhouse, guest quarters or in-law suite. Bring your horses and livestock or put up some quality hay as the entire property is covered in Coastal Bermuda and currently Ag Exempt.

Investor Tools

Property Icon
$550,000
Estimated Property Value
$0Estimated Mortgage Balance
$550,000Estimated 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
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

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

City: Lipan

150 Indian Wells Road | Property Details | No Agent List