$895,000
NAL Estimated Property ValueHwy 69 at Loop 564, Mineola, TX, 75773
Off Market
About this property
Incredible lakefront property in Mineola. This would make a beautiful lakefront residential area! Or imagine a retail or restaurant development with outdoor spaces, lighting, and water views. Lake is approximately 15 acres. The land is large enough to provide loads of nature while being close to downtown. Current access exists on both County Road 2220 and Highway 69. Electricity onsite. This could be a dream development!
Investor Tools
$895,000
Estimated Property Value
$0Estimated Mortgage Balance
$895,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
