Last 24 Hours
$90,000
NAL Estimated Property Value5.01 Acres FM 308 Road, Penelope, TX, 76676
Off Market
About this property
5.01 acres! Located in Hill County! No restrictions or zoning, allowing for endless possibilities! A new Post Oak Water Meter is already installed! Hill Co Electricity is available at the road! Ideal for residential use, agricultural, recreational or investment use! Enjoy peaceful country living while remaining conveniently located approximately 15 minutes from Corsicana, 20 minutes from Hillsboro and 40 minutes from Waco! The current ag exemption has the annual taxes at $8.23! Survey in hand! Penelope ISD! MOTIVATED SELLERS, OPEN TO ALL OFFERS! Schedule a showing today!
Investor Tools
$90,000
Estimated Property Value
$0Estimated Mortgage Balance
$90,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%