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$179,000

1520 PR 4212, Evant, TX, 76525

On MarketInfo

About this property

Ready-to-Build 10.01 Acres in Gated Rio Escondido Subdivision If you've been looking for a country property that's ready for your dream home, look no further than Lot 14, Phase 4 of Rio Escondido, located at 1520 PR 4212 in Evant, Texas. This attractive 10.01-acre tract offers the perfect blend of privacy, convenience, and existing improvements. The land is mostly level with scattered native trees, providing a beautiful setting for a home, barndominium, or weekend getaway. The hard work has already been done with electricity on-site, a 420-foot water well producing approximately 10 gallons per minute, and a septic system already installed. Simply bring your building plans and start enjoying country living. Rio Escondido is a gated community offering the security and peace of mind that many buyers are seeking. In addition, fiber optic internet service is available, allowing you to stay connected while enjoying the quiet rural atmosphere. Located in the Evant Independent School District, this property sits in a highly desirable area of Central Texas. You'll enjoy being just minutes from several communities, including Hamilton, Gatesville, Lampasas, and Goldthwaite, while larger cities such as Waco, Temple, Stephenville, Brownwood, Killeen, and Copperas Cove are all approximately an hour away. Whether you're looking for a permanent residence, retirement property, investment opportunity, or a peaceful weekend escape, this improved acreage tract is ready for you. Properties with a well, septic system, electricity, and fiber internet already in place are becoming increasingly difficult to find. Come experience the beauty, convenience, and potential that Rio Escondido has to offer.

Investor Tools

$0Estimated Mortgage Balance
$179,000Estimated 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
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Calvin Burks

BURKS REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$275/month
5.947%

City: Evant