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$27,500
NAL Estimated Property Value200 S Hill, Meridian, TX, 76665
Off Market
About this property
GREAT PIECE OF LAND IN MERIDIAN CITY LIMITS! This .43 of an acre is currenty zoned as 2 lots, so you can build 2 homes if you'd like. Also the seller spoke with the city and they stated that the city needs multifamily and this could get approved to be re-zoned to multifamily (Please verify yourself). The land is already cleared and ready to build on. This is a great lot at a bargain listed well below any other land in Meridian!
Investor Tools
$27,500
Estimated Property Value
$0Estimated Mortgage Balance
$27,500Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%