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$226,000

Lot 3 Oakwater DR, Fredericksburg, TX, 78624

On MarketInfo

About this property

This 3.54 acre, tree covered corner lot boasts a variety of mature trees and offers long-range views, with several building sites for constructing your dream home. Oakwater is a gated ranch-style community conveniently located approximately 13 miles south of Fredericksburg on Hwy 16 South. This prime location offers easy access to Fredericksburg's amenities while providing a peaceful, private setting. Community amenities include: 3-20 acre lots offering ample space for privacy and personal enjoyment, paved roads ensuring easy and reliable access to each lot, underground utilities, and a Community Park with a covered pavilion and playground, perfect for family gathering and recreation. Oakwater is a Agricultural exempt community, providing tax benefits and promoting land use that preserves the natural beauty and productivity of the area. Oakwater is single family residential community. Modular homes will be allowed with prior Committee approval. Additional structures allowed: cabins, barndos, STR's, guest houses, detached garages & storage buildings. The total number of structures shall not exceed three (3). See CCR's for specifics

Investor Tools

$0Estimated Mortgage Balance
$226,000Estimated 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
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

Interested in this property?

Anne Sultemeier

Reata Ranch Realty, LLC

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Financing Details

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

City: Fredericksburg

Lot 3 Oakwater DR | Property Details | No Agent List