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$3,160,000

261 FM 261, Spur, TX, 79370

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesAwning(s), RV Hookup, Smart Light(s)

About this property

1,975 Acres in Crosby and Dickens County!!! This property is set up awesome for running cows and hunting with brand new fences around the perimeter as well as 5 cross fenced pastures. It also has a brand new 50x50 shop with 25' awnings on the West and East side with a new set of working pens. There is one well on FM 261 that waters the entire place with holding tanks and buster pumps that feed water troughs throughout the ranch as well as 2 new tanks. Aside from the potential to run livestock this is an incredible hunting ranch with tons of white tail, pigs, and quail that have been meticulously managed. Also all the feeders and blinds convey !!!!

Investor Tools

$0Estimated Mortgage Balance
$3,160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,960 /month
Positive
Cash Flow Estimate:
$6,320 /month

Interested in this property?

Nathan Jordan

Nathan Jordan Real Estate

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Financing Details

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

City: Spur

261 FM 261 | Property Details | No Agent List