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$4,100

NAL Estimated Property Value

1678 Red Oak Drive, May, TX, 76857

Off MarketInfo

About this property

THIS IS LAKE BROWNWOOD PROPERTY! This is a Phase 3 undeveloped lot. Septic systems are allowed, power can be extended to this lot Comanche Electric, OFF Grid living and rainwater harvesting type living at this time, very private, the HOA provides a RV Dumpsite Station at 158 N Lakeside Circle. Owners and guests are allowed to stay in the courtesy RV PARK for up to 14 days per month. This courtesy site is located at 158 N Lakeside. There currently is no potable water in the subdivision, there is a guy that hauls in water. This is not in Zephyr Water lines plans. You will need a Truck or utv to access this lot, The Hoa does not maintain the uninstalled streets, however an owner can if they want to.

Investor Tools

Property Icon
$4,100
Estimated Property Value
$0Estimated Mortgage Balance
$4,100Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$350/month
5.947%

City: May

1678 Red Oak Drive | Property Details | No Agent List