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$270,000

NAL Estimated Property Value

Lot 10 CR103, Grandview, TX, 76050

Off MarketInfo

About this property

Plenty of road frontage on these 80 acres in Grandview School Distract. Located close to I35. Road frontage on CR 204 and CR 103. Currently cultivated for hay. Has been farmed for over 100 years. No road frontage on FM 916 but very close. Must see to appreciate this clean farmland. Could make a great site for a development. Buyer should verify electrical and water info needed for a development. Seller will not pay roll back taxes. Gas well site is not located on this property. Markers are approximate for a visual idea of land size Seller will subdivide into (5) 5-acre parcels (4) 10-acre parcels (1) 15-acre parcel or if buyer wants larger parcel, he will also do that. Water well and onsite septic will have to be installed. Restrictions are No Manufactured Home, Pig Farms. Junkyards or junk vehicles Minimum Sq Ft 2000 site built, Minimum 80% Masonry on exterior, Barndominum are allowed, will not split property smaller then 5-acre tracts Maximum one home per 5-acre tract Seller will not pay any rollback taxes

Investor Tools

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$270,000
Estimated Property Value
$0Estimated Mortgage Balance
$270,000Estimated 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
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

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

City: Grandview

Lot 10 CR103 | Property Details | No Agent List