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$229,000

NAL Estimated Property Value

680 CR 2070, Ravenna, TX, 75476

Off MarketInfo

About this property

1.55 acres approx 4 miles south of the red river and approx 10 miles north of Bonham right off Hwy 78. Property has a 15x50 Rv shop with 14x15 bedroom-living room combo with closet built inside, no bath or kitchen. 12x 14 front roll up door and another 10x10 side roll up. 2000 sq ft welded carport attached with new sheet metal roofing. 500gpd aerobic system installed 2021. Private water well, Sandy loam and property drains well . 2 electric meters, open area to the left for future mobile home, mini house or new home construction on south end and also is set up for Rv with 50 amp and one more wired future along with 250 gal propane tank included. It’s located on dead end gravel road deep in the country and located only about 20 mins to the Newly opened Bois D'Arc lake. Great for boat and Rv storage or continuous living. Very peaceful. Has a 11’ stock tank buried with a concrete patio around for a Red neck pool and this set up is included. Tranquil and Private, Come see to appreciate!

Investor Tools

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$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated 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
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

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

City: Ravenna

680 CR 2070 | Property Details | No Agent List