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$350,000

NAL Estimated Property Value

50 Acres County Road 1060, Talco, TX, 75487

Off MarketInfo

About this property

Beautiful, partially wooded 50 acres with Ag-Exemption and 2 ponds! This scenic piece of land sits next to large wooded tracts giving you privacy from neighbors and the road. On the interior, you'll find an approx 1500-foot (iron-ore) road, scattered trees, and large oaks. The ponds are stocked with fish, a prime spot for bringing your fishing poles on the weekend or day trips. Property includes barbed wire fence, cross-fencing, partially-fenced pipe corral, and a gated entrance at the road. Native grass and some Coastal grass provide grazing areas for cattle or livestock. Hunters and outdoor enthusiasts will enjoy the wildlife of this conveniently located acreage. With easy access to Mount Vernon and only 1.5 hours east of Dallas, this makes a perfect get-away for family and friends!

Investor Tools

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$350,000
Estimated Property Value
$0Estimated Mortgage Balance
$350,000Estimated 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
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

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

City: Talco

50 Acres County Road 1060 | Property Details | No Agent List