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$362,500

NAL Estimated Property Value

FM 223 Cr 2170, Cleveland, TX, 77327

Off MarketInfo

Property Lead Type:

Off-Market List

About this property

BEAUTIFUL 25 (+ or-) ACRES OF LAND READY FOR YOU TO BUILD YOUR DREAM HOME ON! Currently used to run cattle, this acreage is perfect for the country setting. Huge grassy field can also be used to bale your own hay, run livestock on or to build your mini-ranch. An existing well is in place, it just needs the finishing touches on it with the well tank and pump. Electricity is available but will need to be ran from the pole to your build site. Also there is a small pond on the back right side of the property. This property is approximately 25.5 acres to be surveyed out of an existing 422 acre tract. The owner has set the boundaries and the buyer will be responsible for paying for the new survey. Exact acreage will be determined by the new survey. Price may vary depending on those results. There is over approximately 1100 ft of FM 223 road frontage. A gate located on CR 2170 allows access into the property. There is also a culverted entrance off of FM 223. Shown by appointment only.

Investor Tools

Property Icon
$362,500
Estimated Property Value
$0Estimated Mortgage Balance
$362,500Estimated 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
$2,175 /month
Positive
Cash Flow Estimate:
$725 /month

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Financing Details

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

City: Cleveland

FM 223 Cr 2170 | Property Details | No Agent List