Last 24 Hours
$5,500
NAL Estimated Property Value938 Oak Point Drive, May, TX, 76857
Off Market
About this property
THIS IS LAKE BROWNWOOD PROPERTY! This is 1 lot designated for camping and RV use, RV and RV Garage are permitted. Septic systems are not allowed on RV lots, the HOA provides a RV Dumpsite Station at 158 N Lakeside Circle. Owners and guests are allowed to stay in the courtesy RV PARK for up to 14 days per month. This courtesy site is located at 158 N Lakeside. There currently is no potable water in the subdivision, there is a guy that hauls in water. Zephyr Water is planning to install water lines. There is Comanche Electric currently available. Lot 937 is also available.
Investor Tools
$5,500
Estimated Property Value
$0Estimated Mortgage Balance
$5,500Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$350/month
5.947%
12.4%