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$350,000

NAL Estimated Property Value

TBD 29.25 ACRES County Road 3525, Paradise, TX, 76073

Off MarketInfo

About this property

Approximately 29 acres of land, ready for you to enjoy it! Prime real estate with 508 ft of county road frontage! This tract of land is primarily hay field with HIGH producing fields. It has not been cut this year, but in previous years the owners have gotten between 500-600 round bales annually, for Lot 1 & Lot 2 combined. Available for your review is information about the grass planted. This grass requires only 15 inches of rain and one third the amount of fertilizer, annually to produce. If you would like a copy of the literature, please reach out. In addition, on this income producing land, there are several good building sites. The acreage is approximate, and a new survey will be required. Secluded and private country living at its finest! Approximately 1 hour to DFW airport, 10 minutes to Bridgeport and 20 to Decatur. ***MORE LAND IS AVAILABLE, PLEASE ASK YOU AGENT FOR DETAILS**

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$350,000
Estimated Property Value
$0Estimated Mortgage Balance
$350,000Estimated 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
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

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

City: Paradise

TBD 29.25 ACRES County Road 3525 | Property Details | No Agent List