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$625,806

NAL Estimated Property Value

Boomer Place Hotel Rd & CR 22, Claude, TX, 79019

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About this property

Located just East of Claude in Armstrong County the Boomer Place offers 347.67 acres of productive Texas Panhandle land with a versatile mix of farm ground and native grassland, well suited for cattle operations or agricultural use. This turnkey property is fenced and cross-fenced, all in good condition, providing excellent pasture management options. A submersible well supplies dependable water, and the layout offers flexibility for rotational grazing or future improvements. The land is currently being used to run cattle. This farm ground is ideal for growing wheat for winter grazing and producing hay in the summer. The land lays North of Hwy 287 and access is convenient with an all weather road on the North side. Approximately 106 acres of farm ground and +/- 241 acres of grass

Investor Tools

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$625,806
Estimated Property Value
$0Estimated Mortgage Balance
$625,806Estimated 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
$3,755 /month
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Cash Flow Estimate:
$1,252 /month

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Financing Details

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

City: Claude

Boomer Place Hotel Rd & CR 22 | Property Details | No Agent List