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$49,500

NAL Estimated Property Value

3137 Fm-1953, Mexia, TX, 76667

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Property Lead Type:

Off-Market List

About this property

Escape to the country! Three acres in Fallon Texas on the corner of FM 1953 and FM 39. Seller has with cleared openings and left mature trees and canopies to provide a woodland retreat. Currently using access from FM 1953 and a gate on FM 39. There is a 16'x10' storage building on the property, currently outfitted as a bunkhouse but would make great storage while you're building your home. Electricity on property. Water well & septic needed. Survey available. Neat retreat for a country getaway.

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$49,500
Estimated Property Value
$0Estimated Mortgage Balance
$49,500Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

City: Mexia

3137 Fm-1953 | Property Details | No Agent List