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$259,860

NAL Estimated Property Value

TBD 1 Palmetta Drive, Montgomery, TX, 77354

Off MarketInfo

About this property

Looking for a hunting property without having to drive for hours, this could be your place. There have been deer and hogs spotted on this property. Nearly 2.5 miles of paths cut into this property to allow good access and hunting places. There are 2 properties for sale, they can be grouped together or bought separately. There is a map enclosed to show each tract. Tract 1 is 22 acres, Tract 2 is 21.31 acres. All showings are to be accompanied by Co-List Agent. Each tract comes with a deeded easement and a partial ownership in the 5 acre tract (Tract 7) that connects to Palmetta Dr. This provides legal access to use Palmetta Dr. (a private road) and access to the easement that connects to the 6 tracts. See example of Exhibit "A" that will attach to the deed. Buyer will be responsible for obtaining metes and bounds of purchased tracts from Jones/Carter. Land is in the Floodway. An RV hookup (50A, 30A) and clearing was made on Tract 7.

Investor Tools

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$259,860
Estimated Property Value
$0Estimated Mortgage Balance
$259,860Estimated 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
$1,559 /month
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Cash Flow Estimate:
$520 /month

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Financing Details

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

City: Montgomery

TBD 1 Palmetta Drive | Property Details | No Agent List