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$2,600,000

1988 CR 116 RD, Rogers, TX, 76569

On MarketInfo

About this property

The opportunity to own a property this size in this area does not come along very often. 237 acres that are perimeter-fenced with 8-foot net wire, T-posts, and pipe. There is approximately 1/2 mile of County road frontage, just a short distance off of Hwy 36/190, north of Buckholts. There is an established herd of Elk and Red Deer on the property. The pastures are a mix of Coastal Bermuda and native grasses, with 5 stock ponds and some heavy tree cover, making for a hunter's paradise. The 3-br home that has not been occupied for years would make a great weekend home or small lodge. Sellers have recently begun an interior remodel, updating the Kitchen and bath with flooring and Knotty Alder cabinets. Located in the heart of the Texas triangle of DFW, Houston, and San Antonio, this is an easily accessible "getaway," or could be the ideal location for your permanent home. Temple is only 25 minutes away, and you could be in Waco in 45 minutes.

Investor Tools

$0Estimated Mortgage Balance
$2,600,000Estimated 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
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

Interested in this property?

Tomm Owens

Pud Owens Realty

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Financing Details

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

City: Rogers