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$2,162,220

NAL Estimated Property Value

1929 Fm 2761, Cat Spring, TX, 78933

Off MarketInfo

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size159.96 acres

Land Information

APN2016000100000
SubdivisionA-160 G W Cummins
Land UseAgriculture / Farming
Legal DescriptionA-160 G W CUMMINS & A-663 G MCCORMICK 159.9613 AC & FARM BLDGS
Census Tract750100
Assessed Land Value$2,159,480
Assessed Improvement Value$2,740
Assessment Year2025

About this property

Discover the allure of Texas ranch life on this expansive property in Colorado County. Whether you’re an experienced rancher or seeking a picturesque retreat, this land offers endless possibilities. The property offers prime road frontage as it is strategically positioned along Hwy I-10 & FM 2761 This ranch enjoys excellent visibility and accessibility. With its generous size, the property is easily divisible, allowing for flexible use or potential development.Designed cattle working pens to ensure efficient operations. The property is fenced and cross fenced for seasonal and rotational grazing. Several ponds, providing water sources for livestock and enhancing the scenic beauty. The rolling terrain and open pastures capture the essence of this highly desired area.

Investor Tools

Property Icon
$2,162,220
Estimated Property Value
$1,697,287Estimated Mortgage Balance
$464,933Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,394 /month
Positive
Cash Flow Estimate:
$8,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$929/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$336
$2,162,220
2025
$2,159,480
$2,740
$2,162,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$336
$2,162,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$1,766,286
No
First
Mar 20, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,697,287
$464,933
21%
78%
$10,590/mo

City: Cat Spring

1929 Fm 2761 | Property Details | No Agent List