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$49,500

NAL Estimated Property Value

Lot 31 Private Road 640 Driftwood, Matagorda, TX, 77457

Off MarketInfo

About this property

Underground utilities are already in place. Water and sewer are available-buyer to verify. Buyer to pay tap fees to connect. The subdivision is outside the Federal Coastal Barrier Resource Area. Federal Flood insurance and Texas Windstorm Insurance are available. These lots are located within walking distance to the Gulf of Mexico and Matagorda Beach. Current HOA fees are $100 per year for vacant lots and $200 per year for improved lots.

Investor Tools

Property Icon
$49,500
Estimated Property Value
$0Estimated Mortgage Balance
$49,500Estimated 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
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$100/month
5.947%

City: Matagorda

Lot 31 Private Road 640 Driftwood | Property Details | No Agent List