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$375,000

3165 CR 302, Rockdale, TX, 76567

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Electric Water Heater
FlooringLinoleum, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Garage Spaces1

About this property

Newly fenced 6-acre tract just 5 miles north of Rockdale and 1 mile south of the Little River at the Hwy 487 crossing. The pluses with this property are many. Starting with the 3000 +/-s.f. frame home, 6 greenhouse frames that are 36x100 in size, 2 large wooden storage sheds, and a variety of trees scattered about the yard and pasture. This is an ideal DIY project; the home has the "bones" to support any type of remodel, with 3 BR on the main floor and 1 loft area that can be adapted to many uses; the 40x28 Great Room with vaulted and beamed ceilings has great potential for the owner who is willing to add the "sweat" equity into a home. The base home has the original wood floors, just waiting for a new coat of stain and varnish. The roof is all metal and in good shape. If you aren't a serious horticulturist, the existing frames can be easily converted into barns, shops, or equipment sheds, or torn down to create more open space on the property. The 4.7 acres surrounding the home have recently been fenced with T-posts and 6-wire barbed wire, enclosing a variety of tree species and some open pasture.

Investor Tools

$0Estimated Mortgage Balance
$375,000Estimated 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
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Thomas Owens

Pud Owens Realty

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Financing Details

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

City: Rockdale

3165 CR 302 | Property Details | No Agent List