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$250,000
NAL Estimated Property Value2728 E Hwy 71 Bypass Road, La Grange, TX, 78945
Off Market
Property Lead Type:
Off-Market List
About this property
4.917 acres of heavily wooded land located on Highway 71 frontage road in La Grange. Just 15 minutes to Round Top, an hour and a half to downtown Houston, and an hour and 15 minutes to Austin. Ideal for commercial development. But an excellent location for your home with easy access to Highway 71 for commuting. Water well installed in 2021 and electricity on the property. Just needs a septic system. The seller had a nice gravel driveway put in leading back to the improvements. This property comes with a 2004 1 bed, 1 bath travel trailer that you can live in while you build. Come and see it!
Investor Tools
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated 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
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%