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$400,000

NAL Estimated Property Value

Lot 1 & 2 Old Vine, Fredericksburg, TX, 78624

Off MarketInfo

About this property

This is a rare opportunity to own two adjacent lots totaling 6.37 +/- acres in The Vineyard, within half a mile of the city limits of charming Fredericksburg. Less than a mile from historic Main Street, known for great shopping and popular restaurants. This beautiful property has nice views on mostly level terrain and consists of two lots at 3 +/- acres and 3.37 +/- acres that can be purchased separately at $205,000 each. Both lots have underground utilities and a well in place. The quaint subdivision has 13 lots, five currently built on. Contact office for subdivision restrictions.

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$400,000
Estimated Property Value
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$450/month
5.947%

City: Fredericksburg