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$75,000

2796 Helmic Road, Apple Springs, TX, 75926

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About this property

Discover the possibilities with this 4.49-acre property in Apple Springs, TX, conveniently located near Trinity and surrounded by the peaceful beauty of East Texas. Property is being sold and priced for land value only. A manufactured home is currently located on the property (1848sf built 1992) and may offer potential for a buyer who chooses to repair or renovate it, or remove it and build your dream home. The property also offers 2 metal buildings. This property has been value for lot value. With approximately 4.49 acres, this property offers plenty of space to create a private country retreat, homestead, or future homesite while enjoying a quiet rural setting. Manufactured home is being conveyed in its current condition and no value has been attributed to the home in the list price. Buyer should independently verify property condition, acreage, utilities, restrictions, school information, and all other information deemed important.

Investor Tools

$0Estimated Mortgage Balance
$75,000Estimated 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
$450 /month
Positive
Cash Flow Estimate:
$150 /month

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Bridgette Crawford

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Financing Details

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

City: Apple Springs

2796 Helmic Road | Property Details | No Agent List