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$15,000

TBD Cherry, Groesbeck, TX, 76642

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About this property

Approx. 0.25-acre double lot with improvements — only $15,000. Two adjoining improved lots located on a quiet cul-de-sac inside city limits. Property includes a storage shed and has city water, sewer, and electric available at the road for easy hookup. Ideal for a small build, investment hold, or placing a manufactured home. Neighboring home is also for sale and can be bundled together for a larger homesite or multi-property investment.

Investor Tools

$0Estimated Mortgage Balance
$15,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Kathy Schroeder

Coldwell Banker Apex, REALTORS

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Financing Details

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

City: Groesbeck

TBD Cherry | Property Details | No Agent List