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$2,285,000

TBD 2 County Road 2307, Sulphur Springs, TX, 75482

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About this property

Prime industrial or commercial development opportunity! These combined 53-acre parcels are located less than a mile from Interstate 30 in the heart of Sulphur Springs, TX, and features Kansas City Southern Railroad frontage. Currently utilized for agriculture with an active ag exemption in place, this tract sits just outside the city limits, with one boundary line bordering the city limit. This is an exceptional investment for future development; 20 acres to be subdivided from a larger tract & combined with a 33 acre tract. Total of 53 acres of land prime for industrial or commercial development.

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$0Estimated Mortgage Balance
$2,285,000Estimated 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
$13,710 /month
Positive
Cash Flow Estimate:
$4,570 /month

Interested in this property?

Jana Dodd

Dodd Realty

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Financing Details

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

City: Sulphur Springs

TBD 2 County Road 2307 | Property Details | No Agent List