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$500,000

1801 County Road 251, Gatesville, TX, 76528

On MarketInfo

About this property

BIG PRICE DROP!! Central Texas GEM right here! This is the perfect place to build your dream home overlooking your own little ranch! This 59+/- Acres is situated NE of Gatesville in the Gatesville ISD. Located in the rural Coryell City community which is rich in farm land you'll find very little development! Just 2 hrs S. of Dallas, 2 hrs N. of Austin and 1 hr W. of Waco this is the perfect central location to call home! The property offers beautiful views, gently rolling terrain and a pre-existing home site location that is fenced out and is equipped with Coryell City Water Meter on-site and Co-Op electric avail. Native grasses and coastal bermuda, scattered trees, open grazing land and pretty views can all be enjoyed as a hunting get away or a homestead! Pipeline easement runs thru part of the property and there is lots of CR frontage on CR 264 & 251 making lots of options for future use! Disclaimer: Property taxes, measurements and utility info are all approximate and should be verified/confirmed by buyer.

Investor Tools

$0Estimated Mortgage Balance
$500,000Estimated 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
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Kristi Roberts

On Point Realty

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Financing Details

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

City: Gatesville

1801 County Road 251 | Property Details | No Agent List