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$525,000

TBD 179 County Rd 161, Trent, TX, 79561

On MarketInfo

About this property

180± acres in Nolan and Fisher Counties located on County Road 161 near Trent, Texas. Property is situated in both Sweetwater ISD and Trent ISD and is currently Ag Exempt. Approximately 93 acres have been cultivated with the balance in native pasture. The north portion features approximately 50 feet of elevation change, a canyon draw, thick native cover, and excellent wildlife habitat for deer, hogs, dove, and other game species. Soils consist primarily of Wichita clay loam on the cultivated acreage with rockier soils in the native pasture. Improvements include a 50 x 25 metal shop with approximately half enclosed and half covered parking. Electricity is available along the road and previously serviced the shop and water wells. Six water wells are present but have not been operational for several years. Two stock tanks are located in the pasture area. Several pieces of equipment will convey with the property. Contact broker for details. The property offers approximately 4,300 feet of County Road 161 frontage. Perimeter fencing is in poor condition. Priced at $2,800 per acre, this property offers a combination of productive farmland, grazing land, hunting habitat, and recreational opportunities.

Investor Tools

$0Estimated Mortgage Balance
$525,000Estimated 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
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Clay McCullar

McCullar Properties Group LLC

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Financing Details

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

City: Trent

TBD 179 County Rd 161 | Property Details | No Agent List