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$365,000

NAL Estimated Property Value

18265 County Rd 663, Farmersville, TX, 75442

Off MarketInfo

About this property

Beautiful views and Pecan trees, pine trees and a pond. Property has an Ag Exemption and 1,800 feet of road frontage. Approximately 9.9of the property is included in the 100-year flood plain according to FEMA due to the Soil Conservation Lake located to the N of this property. Wildlife - Deer and Hogs have been seen on the property in the past with remains of a few older trails used for ATV vehicles through the trees. **EASEMENT - For utility lines they can be extended through neighboring land.** OWNER Info regarding Utilities and amenities on the land WATER - Is CO-OP with Caddo Basin ELECTRIC - ONCOR SEWER - Will require an Aerobic Septic System because there is no city sewer due to being in the country and not in city limits. Permit required CREEK - Dry Creek TRAILS - There are no walking trails, but it wouldn't be that hard to create some nice trails. FLOOD PLAIN - Whole eastside appears to be outside the floodplain which can reach deep into the property for a home site. EASEMENT - For utility lines they can be extended through neighboring land. 250 ft Water Well on property - needs pump

Investor Tools

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$365,000
Estimated Property Value
$0Estimated Mortgage Balance
$365,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

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

City: Farmersville

18265 County Rd 663 | Property Details | No Agent List