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$669,072

NAL Estimated Property Value

84.16 Acres TBD Fm 587, De Leon, TX, 76444

Off MarketInfo

About this property

• • • 84.16 Acres on Farm to Market Road 587 • • Located 6 miles west of De Leon, this 84.16-acre property offers a great combination of pasture, water, fencing, highway frontage, and homesite potential. • • ** Land and Water Features ** - - 5 stock tanks and 2 water wells • One well drilled in May 2025, approximately 90 feet deep, with a 10 gallon-per-minute rating • Approximately 45–50 acres of Coastal Bermuda pasture, with some areas suitable for hay production • A number of nice Post Oak trees. • • ** Utilities and Improvements ** - - Electricity is in place at the front of the property • Working livestock pens • Nearly new boundary fencing and cross fencing • Paved FM highway frontage • • ** Ideal Location with Great Potential ** - - This property is well suited for building a home, livestock, hay production and hunting. Call us today to schedule a showing.

Investor Tools

Property Icon
$669,072
Estimated Property Value
$0Estimated Mortgage Balance
$669,072Estimated 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
$4,014 /month
Positive
Cash Flow Estimate:
$1,338 /month

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Financing Details

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

City: De Leon

84.16 Acres TBD Fm 587 | Property Details | No Agent List