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$425,000

NAL Estimated Property Value

8242 CR 241, Clyde, TX, 79510

Off MarketInfo

About this property

Combination property with 91 ac of cultivation and 81 ac of native pasture. Property is 1 mile deep & qtr of a mile wide. The water well is 65 ft deep & makes 11 gpm with a half horse pump but could make up to 25 gpm with a 2-3 horse power pump. There is half a mile of 2 inch pvc slip joint water line run to a concrete water trough in the back pasture. Seller made 270 round bales of hay grazer summer of 2020. Fences are practically new on the West & South sides but older & marginal on the North & East sides. There is one stock tank at the East end of the property but it is rocky & only holds for 2-3 months, it's currently dry. Seller owns an eighth of the minerals. Pasture has not been grazed in 4 years

Investor Tools

Property Icon
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated 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
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

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

City: Clyde

8242 CR 241 | Property Details | No Agent List