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$1,200,000

60 Acres Mcnelly Lane, Burton, TX, 77835

On MarketInfo

About this property

Gorgeous 60-acre tract in the heart of Washington County offering privacy, elevation, and sweeping countryside views. Gently rolling terrain features mature live oaks, improved pastures, a seasonal creek, and a scenic ¾-acre pond with pier. Improvements include a solar-powered livestock well, electricity available, partial fencing, 400-yard rifle range with covered shelter, and a private entrance at the end of McNelly Lane. Currently under agricultural valuation for low property taxes and there are no transmission lines, pipelines, or pipeline easements on the property. Conveniently located minutes from Burton and just a short drive to Brenham and Round Top. Deed restrictions prohibit RVs, manufactured homes, and mobile homes. No subdividing, and no commercial or industrial use. Sellers to retain all mineral rights and waive surface rights. Additional acreage may be available.

Investor Tools

$0Estimated Mortgage Balance
$1,200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Gabri Means

Market Realty Inc.

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Financing Details

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

City: Burton