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$59,900

6572 S FM 31, Carthage, TX, 75633

On MarketInfo

About this property

This is an excellent opportunity to own 3 plus acres in the country and finish out this 250 sf Tiny Home or Cottage. The main floor is 10'x16' with a 9'x10' loft. There is an additional unfinished area for a 6'x8' bathroom. Come add the finishing touches and make it your new home or country getaway. There is a new gravel driveway entering this wooded 3 plus acres. There is electricity at the road. Deadwood Water is across FM 31 and can be bored under to the property or you can drill a new well. Live off the grid or turn this property into your dream home by adding your finishing touch. This property is located within a couple of miles south of Socagee Creek. The Yellow Dog Campground and the Sabine River is close by for a great recreational experience. The location makes for an easy drive to Carthage, DeBerry, Joaquin and Shreveport. Located in the general area of the Galloway Community of Panola County. Carthage ISD. There is plenty of area to build a new home or add RV's. There is over 600' of road frontage.

Investor Tools

$0Estimated Mortgage Balance
$59,900Estimated 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
$359 /month
Positive
Cash Flow Estimate:
$120 /month

Interested in this property?

Jay Terry

United Country H5 Auction & Realty

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Financing Details

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

City: Carthage

6572 S FM 31 | Property Details | No Agent List