$75,000
TBD (+/-4.32ac) Penn St, Henderson, TX, 75654
On Market
About this property
This residential property includes two adjoining parcels totaling approximately 4.32 acres, located within the city limits of Henderson, Texas. Ideally situated near Fair Park, in the heart of Henderson, this land offers a prime opportunity for a residential development in a central and well-established area. Restrictions within the City Limits of Henderson includes but not limited to mobile homes. Tiny homes may be considered with prior review and approval of the plans and specifications.
Investor Tools
$0Estimated Mortgage Balance
$75,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
