Last 24 Hours
$287,952
NAL Estimated Property Value15351 County Road 268 Road, East Bernard, TX, 77435
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size10.20 acres
Land Information
APN33808
Land UseAgriculture / Farming
Legal DescriptionA20056 ABST.56 TRACT 4A & 5
Census Tract740100
Assessed Land Value$287,952
Assessment Year2025
About this property
Farming, ranching on your country estate sitting at the corner of State Highway 60 and County Road 268 about half way between East Bernard and Wallis Texas. This 58 +/- acres of Lake Charles clay farmland is currently leased for row crop farming operations and is located in the highly sought after East Bernard School District. The property is suitable for commercial/industrial, residential development, or continued agricultural usage.
Investor Tools
$287,952
Estimated Property Value
$151,348Estimated Mortgage Balance
$136,604Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,339
$287,952
2025
$287,952
N/A
$287,952
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,339
$287,952
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$157,500
No
First
Mar 8, 2024
Mar 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,348
$136,604
47%
53%
$945/mo
12.4%