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$999,000

16458 FM 2484, Salado, TX, 76571

On MarketInfo

About this property

PRIVACY! Land can be your weekend escape, hunting paradise, or build your dream home. 28.5+/- acres in Salado ISD. Bordered on northwest by Corp of Engineer property w/access to Lampasas River. Fully fenced. WELL - 560' deep, cased all the way down, installed in 2017. POND - 1/2 acre, 17' deep, stocked w/bass & catfish, dry weather creek flows from creek into Lampasas River. HUNTING CABIN - 8'x32' w/refrigerator, stove, oven, 2 window units, propane tank, water heater, bathroom & 200 gallon water storage tank. RV CANOPY - 24'x41' enclosed on 3 sides w/50 amp electric hookup, 500-gallon holding tank. GARAGE - 12'x41' w/3 sides & 4'x12' storage w/electricity. STEEL BUILDING - 12'x16' w/garage door & passage door, washer/dryer hookups, double sink, window unit. PORTABLE BUILDING - 8'X12' w/electricity. OUTHOUSE - 6'x8' with toilet & sink. Abundance of wildlife. Situated on a paved FM road. Seller will consider owner financing with 50% down.

Investor Tools

$0Estimated Mortgage Balance
$999,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

Interested in this property?

Beverly Wallace

Century 21 Bill Bartlett

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Financing Details

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

City: Salado