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$299,000

5953 Hwy 27, Center Point, TX, 78010

On MarketInfo

About this property

Guadalupe River Frontage with Exceptional Recreational Appeal. Rare opportunity to own 1.98 acres with over 260 feet of beautiful Guadalupe River frontage just outside of Center Point, Texas. This scenic riverfront property features a gentle sloping pasture leading to a level area along the river, ideal for relaxing, gathering, and enjoying the water, while a beautiful grove of mature trees near the Hwy 27 frontage provides added privacy and a welcoming entrance. Enjoy swimming, fishing, kayaking, tubing, picnicking, camping, and evenings around the riverside firepit. A concrete pad near the river creates an ideal gathering space, while an existing storage shed offers convenient storage for kayaks, tubes, and river gear. The property includes an electric pole with meter in place and a lift station connected to the sewer line at the road. No well currently in place. Approximately a little over .4 acres are located within the 100-year floodplain, with the remainder within the floodway.

Investor Tools

$0Estimated Mortgage Balance
$299,000Estimated 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
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Laura Fore

Fore Premier Properties

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Financing Details

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

City: Center Point