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$2,000,000

NAL Estimated Property Value

315 Fm 1295, Flatonia, TX, 78941

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,200 Sq Ft
price_per_sqft$1,666.67 / sqft
Year BuiltBuilt in 1920

About this property

100% minerals to convey! Income producing well on the property. Praha Family Farm is 320 acres of rolling hills and panoramic views located off FM 1295 between Praha and Komensky with easy access to Highway 90 and Highway 77. This homestead is well suited for family gatherings, hunting, horses, and livestock. The 100 year old ranch home is 1,200 sqft and has been lived in up until recently. The home is ready for restoration/renovation and with a little TLC will make it a perfect weekend place. Fenced and cross fenced. Currently leased for cattle. Several smaller outbuildings around the homestead. Wood frame equipment barn, lean-to, and working pens. Long Branch creek traverses through the property. Three ponds supply water for cattle in the pasture. Water and electricity at the homestead and working pens.

Investor Tools

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$2,000,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,000,000Estimated 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
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

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

City: Flatonia

315 Fm 1295 | Property Details | No Agent List