$65,000
162 Pr 2162, Iredell, TX, 76649
On Market
Highlights
Interior
Exterior
Lot Size4 acres
Land Information
APNR38338
Lot Number16
Land UseVacant Land
Legal DescriptionTHE RANCHES AT SPRING CREEK LOT 16
Assessed Land Value$58,840
Assessment Year2025
About this property
Come home to a BEAUTIFULLY laid out subdivision on 4 acres of lush green grass and some beautiful trees to complete the desired look of peacefulness and the feel of being out of the rat race. Whether you build a weekend getaway home or a permanent residence this is a great spot! Iredell is just a short drive to Glen Rose, Hico, and Meridian. Plan a day trip to Fossil Rim Wildlife Park; or hang out in the Brazos River. Lots of fun things to do out here.
Investor Tools
$54,711Estimated Mortgage Balance
$4,129Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
$500/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$716
$58,840
2025
$58,840
N/A
$58,840
No
Tax History
Year
Tax Paid
Assessed Value
2025
$716
$58,840
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Open End Mortgage / Open End With Future Advance Clause
$57,600
No
First
Sep 1, 2023
Sep 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,711
$4,129
7%
93%
$346/mo
