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$500,000

NAL Estimated Property Value

2470 181 Highway, Karnes City, TX, 78118

Off MarketInfo
Beds8 Beds
Baths12 Bath
Baths40,000 Sq Ft
price_per_sqft$12.5 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 12Bathrooms 12
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Combination, Hardwood

Exterior

Private PoolPrivate Pool

About this property

$500,000 IS THE OPENING BID ON TRACT 1 IN THE LIVE AUCTION ON JULY 23RD. Tract 3 will have an Opening Bid of $100,000 and Tract 6 an Opening Bid of $50,000. Offering For Sale Tracts 2, 4, 5, 7 & 8 with an Opening Bid of $1000 per acre. As a Prospective Buyer you have the opportunity to purchase any Tract, any Combination of Tracts or Buy the Entire 138ac Southwind Ranch. Auction Registration begins at 9am, Live Auction of Real Estate at 11am and Personal Property at Noon. Property sells AS IS with NO Contingencies for Funding, Inspections or Appraisals & NO Option Period. 10 percent Buyer's Premium added to High Bid to constitute the Total Contract Price. The Buyer's Premium is paid upon the execution of the Purchase Contract on the day of the Auction by Cash or Personal-Business Checks with will be accepted if accompanied by a Bank Letter of Guarantee or other Proof of Funds. The Remaining Balance is due Thursday, September 8, 2022 by 5pm at Doster Law Group-Doma Title in Denton.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

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

City: Karnes City

2470 181 Highway | Property Details | No Agent List