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$695,000

NAL Estimated Property Value

3489 FM 604, Lawn, TX, 79530

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesRV Hookup, Storage

About this property

Hunting and fishing paradise! This great combo property consists of 108 acres featuring Stith Lake which is 18 acres at full capacity. The lake is a drawing point for waterfowl such as gadwalls, pintail ducks, mallard ducks, cranes, and geese. It is not uncommon to reach your duck limit in under an hour on an average day. For the hunting enthusiast besides ducks there are also deer, turkey, dove and unfortunately wild hogs. There are 4,580 ft of paved FM frontage and 3 entrance gates with Coleman Co SUD water and Taylor Coop Electricity. The property has 69 acres of native pasture and 39 acres in cultivation, currently planted in wheat. The topography has a roll to it with 20' of elevation change from the road towards the SE corner. Vegetation includes Mesquite and Live Oak trees, native grasses and some cactus. There is an RV cover for parking with electricity, water and a septic system. There is a 40 ft shipping container for storage and an older shed. Red Bank Creek runs through the south portion of the property which is also very heavily wooded. Located a short 20-minute drive south of Abilene in the Jim Ned ISD this place has great building locations and views to the west of Double Gap Mountain.

Investor Tools

Property Icon
$695,000
Estimated Property Value
$0Estimated Mortgage Balance
$695,000Estimated 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
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

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

City: Lawn

3489 FM 604 | Property Details | No Agent List