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$425,000

190 Private Road 408, Buffalo, TX, 75831

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,984 Sq Ft
price_per_sqft$214.21 / sqft
Year BuiltBuilt in 1980

About this property

35+ acres in Freestone County: Hillside views and open pastures with scattered trees make this place a real gem. The rolling terrain gives this property a lot of versatility, for recreation, wildlife, while providing amazing scenery. The 2 bedroom & 2 bathroom home has had some interior improvements and is ready for you to make it your own. Ag exemption is in place, reducing property taxes. Additional structures include a barn, workshop and carport (barn is in need of repair). No repairs will be made to the outbuildings, giving the new owner the option to fix to their liking. AC is being fixed and the existing well is currently being repaired to working condition. Access to this expansive tract is secured through a deeded gated driveway directly off Highway 75, ensuring a private & controlled entry point for the owner. Situated halfway between Dallas and Houston along Interstate 45. New survey available. There are no restrictions, no zoning, and no HOA dues. No minerals.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated 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
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Katherine McSwane

McSwane Real Estate, LLC

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Financing Details

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

City: Buffalo

190 Private Road 408 | Property Details | No Agent List