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$30,000

201A NE 22nd St, Cisco, TX, 76437

On MarketInfo

About this property

Excellent opportunity to own a 0.165-acre lot in a high-traffic area of Cisco, Texas, located within the city limits of Eastland County. This property offers great visibility and convenience with city water, city sewer, and utilities available. Currently zoned residential, the lot may have potential for commercial rezoning through the City of Cisco, making it a strong candidate for future development. Ideally situated near Chicken Express, nearby gas stations, and the I-20 access road and Hwy 183, this location offers excellent exposure for a variety of possible uses. With city approval, the property could be well suited for an office building, small strip center, retail outlet, or other commercial use. The adjoining parcel is also available for purchase, allowing a buyer the opportunity to acquire both lots together for a combined total of approximately 0.323 acres. A great location with flexibility, visibility, and development potential in a growing commercial corridor.

Investor Tools

$0Estimated Mortgage Balance
$30,000Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Jill Hogg

Ranchland Texas Realty

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Financing Details

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

City: Cisco

201A NE 22nd St | Property Details | No Agent List