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$5,624,217

T N Hwy 156 N, Ponder, TX, 76259

On MarketInfo

About this property

Just outside of the city limits of Ponder, this expansive 78 approx acreage features a versatile space that is ideal for residential development, investment or continue its current usage of a cattle pair operation. Offering roughly 2,291 feet of road frontage along T. N. Skiles, this property presents significant development potential within a rapidly growing area. Ponder is a vibrant community in Denton County that is only 14 miles west of Denton; and is witnessing substantial residential and commercial growth, including several new housing developments, new roads, and a wealth of upcoming opportunities. With very few large tracts of land available on the market, this property is a rare find and a must-see for anyone looking to invest in a promising future. Don't miss your chance to explore the possibilities that await on this remarkable property!

Investor Tools

$0Estimated Mortgage Balance
$5,624,217Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$33,745 /month
Positive
Cash Flow Estimate:
$11,248 /month

Interested in this property?

Melaina Middleton

Texas Landmark Realtors

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Financing Details

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

City: Ponder