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$432,000

54 Acres TBD CR 195, Gorman, TX, 76454

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About this property

Nice cattle property, 54 acres more or less, to be surveyed and sold by the surveyed acre. The ranch is primarily Coastal Bermuda hay field and pasture, has one nice stock pond, a working water well and 3 RV hookups with water, electricity and septic. The land is 90% fenced, has a good set of pipe cattle working pens with a squeeze chute and has an old house that could possibly be used as a hunter's cabin. Good ranch, call us today to see it!!

Investor Tools

$0Estimated Mortgage Balance
$432,000Estimated 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
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

Interested in this property?

Byrl Cogburn

Cogburn Real Estate

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Financing Details

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

City: Gorman