$584,000
Colette Farms Tract 1 ±146ac, Canyon, TX, 79015
On Market
Just Added
About this property
Discover ±146 acres of unrestricted Texas Panhandle land offering agricultural use, excellent access, and plenty of possibilities for the future. Currently planted in wheat, this tract features approximately 1,800 feet of paved access from FM 1062 and approximately 3.1 miles of fencing. The property is otherwise unimproved, giving a buyer a blank slate for continued agricultural use, a homesite, recreational use, or future development. The existing cash farm lease may be assumed by the buyer, or a buyout may be available pending tenant approval.
Investor Tools
$0Estimated Mortgage Balance
$584,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
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Cash Flow Estimate:
$1,168 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
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$X/month
No HOA
5.947%
