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$199,000

Lot 2 Feder WAY, West Point, TX, 78963

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About this property

Escape to the peaceful surroundings of Fayette County and create the perfect home in the charming Feder Estates development. Lot 2 is fully cleared and ready for construction, providing you with a blank canvas to bring your dream home to life. Conveniently located just south of HWY 71 in West Point, Feder Estates is only a short 10-minute drive from the charming downtown square in La Grange, offering the perfect balance of seclusion and accessibility. Lot 2 comes with underground utilities from Fayette Water Company & Fayette Electric Cooperative, ensuring a modern and reliable infrastructure. Fiber optic service, provided by Colorado Valley Communications. Road frontage on two sided and a nice sized pond! On site septic system is required. To protect and preserve the value of the community, deed restrictions are in place. These restrictions ensure the development remains a pristine and desirable location, with no mobile homes, modular homes, tiny homes, manufactured homes, containers, trailers, etc allowed. However, Barndominiums are welcome! Don't miss your chance to be part of this peaceful and growing neighborhood.

Investor Tools

$0Estimated Mortgage Balance
$199,000Estimated 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
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Terrell Newton

Land Brokers, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$500/month
5.947%

City: West Point

Lot 2 Feder WAY | Property Details | No Agent List