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$160,000

NAL Estimated Property Value

Lot 57 County Road 3900, Gatesville, TX, 76528

Off MarketInfo

About this property

Lot 57 at Lone Mesa Ranch is an 11.7-acre plot of land with stunning hill country views. It boasts a picturesque landscape adorned with large Oak trees, making it an ideal location for a weekend getaway or to build one's dream home. The property offers ample opportunities for recreational activities such as hunting, including deer, wild hogs, turkey, and varmints. One of the key features of this property is its access to electricity, which is available on the private road that leads to the land. However, it is important to note that both a well and septic system will need to be installed on the property.The property benefits from an AG Exemption, which helps keep the taxes low. This exemption is typically granted to properties used for agricultural purposes, providing a significant tax advantage for the owners.Located approximately 26 miles north of downtown Lampasas, Texas, this property offers a serene and secluded setting while still being within a reasonable distance from urban amenities. It is conveniently situated just 1.5 hours away from the bustling Dallas/Ft Worth metroplex, making it easily accessible for those seeking a peaceful retreat without sacrificing convenience.This property presents an excellent opportunity for individuals looking for a weekend getaway or a place to build their dream home. With its recreational potential, access to electricity, it offers both tranquility and practicality.

Investor Tools

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$160,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,000Estimated 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
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

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

City: Gatesville

Lot 57 County Road 3900 | Property Details | No Agent List