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$369,000

NAL Estimated Property Value

18265 County Rd 663, Farmersville, TX, 75442

Off MarketInfo

About this property

Beautiful views and quiet country with trees along the boundaries and throughout most of the property. Several places to build a home or a place to get away from the city and enjoy nature. Pecan trees, pine trees and a pond. Property has an Ag Exemption and 1,800 feet of road frontage. Part of 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

Property Icon
$369,000
Estimated Property Value
$0Estimated Mortgage Balance
$369,000Estimated 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
$2,214 /month
Positive
Cash Flow Estimate:
$738 /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