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$825,000

322 County Road 494, Novice, TX, 79538

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,184 Sq Ft
FarmFarm
price_per_sqft$377.75 / sqft
Year BuiltBuilt in 2012

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Dryer, Gas Oven, Gas Range, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

About this property

106-acre ranch with a 2012 Solitaire modular home featuring 6-inch insulated walls, 4 bedrooms, 2 baths, a metal front porch, gas oven and range, wood-burning fireplace, and wheelchair-accessible rear entry with ADA doorways and bathrooms. The property includes a 2-bedroom, 1-bath guest house shaded by giant Live Oaks, a 2-car carport, and a 40x40 shop with a concrete floor, 220 amp electricity, and two 12-foot roll-up doors. The land includes a 23-acre cultivated field currently planted in winter wheat, and 83 acres of rolling native pasture with Live Oaks, Mesquite, and Cedar trees. A 2-acre crystal-clear pond, stocked with bass and catfish, features a floating fishing dock and is fed by a wet weather draw from Comanche Peak, which rises to 2,140 feet at the southwest corner of the property. Hunting opportunities abound for deer, hogs, doves, ducks, and varmints. An engineered hog trap with a reinforced concrete pad and watering hole is located at the south end. Additional features include a Coleman County water meter, a sea container for storage, and negotiable equipment. No oil or wind activity on-site. Located 34 miles from Abilene, 17 miles from Winters, and 24 miles from Coleman, TX.

Investor Tools

$0Estimated Mortgage Balance
$825,000Estimated 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
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

Interested in this property?

McCullar Properties Group LLC

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Financing Details

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

City: Novice

322 County Road 494 | Property Details | No Agent List