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$2,190,898

3817 Fm 154, Muldoon, TX, 78949

On MarketInfo

About this property

MINERALS BEING CONVEYED!! Own a piece of history with this gorgeous 223 acre tract! This property has been in the same family since 1835 and was part of the Spanish Land Grants. The original jail in La Grange, the La Grange courthouse, and various churches in the area were all built from the rock quarry that you can still see on the southern end of the property. Also on the property is an original 1934 Chicago Company Windmill which is restored and functioning as a water source. The perimeter fence has been replaced and has an electric fence that is solar powered. There is also cross fencing. The property is bordered by Buckner’s Creek and has several ponds on it, one of which is spring fed, along with large beautiful Live Oaks scattered throughout. The property has wooded areas that house deer and turkey along with other wildlife. There are ample pastures for the cattle on the property, which satisfies the ag exemption. There is a travel trailer that will convey.

Investor Tools

$0Estimated Mortgage Balance
$2,190,898Estimated 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
$13,145 /month
Positive
Cash Flow Estimate:
$4,382 /month

Interested in this property?

Jerri Taylor

Diggs Real Estate

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Financing Details

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

City: Muldoon

3817 Fm 154 | Property Details | No Agent List