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$215,000

Lot 48 Ridgeline Road, Fredericksburg, TX, 78624

On MarketInfo

About this property

Lot 48 - The Canyons Available For Sale! 5.23-acre Platted Lot in The Canyons. Mix of Open Prairie and Wooded land. Perfect for a dream home or a weekend getaway. Located on the East side of Ridgeline Road just off Schneider Moellering Road near Fredericksburg. Regionally Situated between Austin and San Antonio. Underground Water Wells in the Neighboring Area are Between 270’-350’ of depth. Underground Electric. 301’ of Road Frontage along Ridgeline Road. Easy access back to US-87. Gentle Slope from 2,040' to 1,960’ above Sea Level with 1% - 8% slopes. The property backs up to a tributary of Bernst Creek. Mix of Brackett-Tarrant and Tarrant soils. Fredericksburg ISD. Restrictions Include: Residential Use Only; 1,600 Sq.Ft. Minimum Primary Residence, 800sf Minimum Guest House; No Commercial Feed Lots; No Junk Yards; No Hunting or Shooting. Short-term rentals allowed. Agricultural Exemption in Place for Low Taxes. Approx. $5.73 in 2022. Get the benefits of an Ag Exemption without the Hassle of Owning/Managing Livestock through the Grazing Association.

Investor Tools

$0Estimated Mortgage Balance
$215,000Estimated 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
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Jeremy Jirasek

Jirasek Realty

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Financing Details

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

City: Fredericksburg

Lot 48 Ridgeline Road | Property Details | No Agent List