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$209,900

TBD 15 Acres County Road 4120, Meridian, TX, 76665

On MarketInfo

About this property

15 acres of open, usable land just outside of Meridian, Texas. This mostly flat tract provides plenty of room to build, bring your animals, or enjoy a little extra space in the country. The property is primarily open with mature trees surrounding the property lines, providing privacy while still leaving plenty of usable acreage. Electricity is already on site, and water is available. With no known restrictions, the property provides flexibility for a variety of uses. The land is also located outside of the floodplain and is just minutes from Highway 22, providing convenient access to Meridian and the surrounding area. Whether you're looking for a future homesite, recreational property, or land to hold as an investment, this tract provides a great combination of usable acreage, utilities, privacy, and accessibility.

Investor Tools

$0Estimated Mortgage Balance
$209,900Estimated 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
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Kirk Regian

EG Realty

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Financing Details

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

City: Meridian

TBD 15 Acres County Road 4120 | Property Details | No Agent List