$773,000
3950 Fm 47, Wills Point, TX, 75169
On Market
About this property
Amazing opportunity to build your dream home or subdivide and develop on this gorgeous 50 acre lot located just minutes from the heart of Wills Point and only 3 minutes from beautiful Lake Tawkoni! Electric and water are in place and available on the property. 2 beautiful ponds and 2 creeks on the land. Currently zoned AG. Entirely enclosed with barbed wire fencing. New residential development going in across the road. Great opportunity for an investor or developer to build or open an amazing RV park! So many possibilities!!
Investor Tools
$0Estimated Mortgage Balance
$773,000Estimated 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
$4,638 /month
Positive
Cash Flow Estimate:
$1,546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
