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$119,000

#28 Private Road 4311, Jonesboro, TX, 76531

On MarketInfo

About this property

Scenic 10-Acre Corner Lot in Prairie Ridge Ranch – Hamilton, TX Discover the tranquility of country living with this expansive 10-acre corner lot in the sought-after Prairie Ridge Ranch subdivision, located in Hamilton County, Texas. Designated as Lot 28, this property offers a harmonious blend of open spaces and mature trees, providing picturesque views and a serene environment ideal for building your forever home or a peaceful weekend retreat. The lot benefits from well-maintained roads and currently holds an agricultural exemption, offering potential tax advantages. Its prime location ensures both seclusion and accessibility. Nearby Towns and Amenities are Hamilton, TX Just a short drive away, Hamilton serves as the county seat and offers a range of amenities including shopping, dining, and healthcare facilities. Attractions include the historic Hamilton County Courthouse, Pecan Creek Park, and the Circle T Arena, known for hosting equestrian events and other community activities. Hico, TX Approximately 20 miles north, Hico is a charming town known for its historic downtown, unique shops, and annual events like the Texas Steak Cookoff Gatesville, TX Located about 35 miles east, Gatesville offers additional shopping, dining, and recreational opportunities, including access to Mother Neff State Park. Stephenville, TX Roughly 40 miles north, Stephenville is home to Tarleton State University and provides a vibrant community with various cultural and recreational activities. This property's location offers the perfect balance of rural serenity and convenient access to nearby towns and amenities. Whether you're envisioning a custom-built residence or a tranquil getaway, Lot 28 in Prairie Ridge Ranch presents an exceptional opportunity to embrace the beauty and calm of the Texas countryside. Don't miss out on this unique offering—schedule a visit today to experience the potential of this remarkable property firsthand.

Investor Tools

$0Estimated Mortgage Balance
$119,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month

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Jill Hogg

Ranchland Texas Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$600/month
5.947%

City: Jonesboro

#28 Private Road 4311 | Property Details | No Agent List