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$400,000

4197 FM 2198, Fannin, TX, 77963

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About this property

Discover the possibilities on this 32.25 acre tract offering the perfect blend of open space, beautiful Texas scenery, and valuable improvements already in place. The property has been recently improved with new fencing, gated entrance, and an interior road, making it ready for your next venture. A new water well and electricity are already on site, saving time and expense as you bring your plans to life. Scattered mature oak trees add character and shade throughout the property, while the open acreage provides plenty of room for a homesite, livestock, recreation, hunting, or your own private retreat. Currently Ag Exempt and, best of all, NO RESTRICTIONS, giving you the freedom to use the land the way you choose. Whether you're looking to build your dream home, start a small ranch, create a weekend getaway, or simply invest in Texas land, this property offers a rare combination of acreage, improvements, and flexibility in a convenient location. Bring your plans and make these 32 acres your own!

Investor Tools

$0Estimated Mortgage Balance
$400,000Estimated 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
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Kari Weiser

Shaw Realty

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Financing Details

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

City: Fannin