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$499,000
NAL Estimated Property Value4586 S 281, Mineral Wells, TX, 76067
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Exterior FeaturesStorage
About this property
Check out this awesome rural property outside of Mineral Wells city limits. Approximately 1662 feet of frontage on US Hwy 281. The property is about 1134 deep and heavily forested with mature native oak trees. City water on the property. Currently ag exempt. Large stock tank filled by natural drainage. So much opportunity for development. Great location convenient to major Highway 180 and I20.
Investor Tools
$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated 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
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%