Last 24 Hours
$3,900,000
NAL Estimated Property Value6881 Highway 61, Hankamer, TX, 77560
Off Market
About this property
±115 acres of subdivided residential land located at 300 TR 29-1 J T White, just minutes from Interstate 10 in a rapidly growing area. The property was planned for a single-family subdivision with roadways already laid out (not paved) and sewer infrastructure completed, offering a strong head start for development. Surrounded by expanding neighborhoods with solid nearby comps, this site presents a compelling opportunity for developers or investors seeking a large-scale residential project with significant upside.
Investor Tools
$3,900,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,900,000Estimated 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
$23,400 /month
Positive
Cash Flow Estimate:
$7,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%