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$394,000

NAL Estimated Property Value

TBD County Rd 4841 Road, Leonard, TX, 75452

Off MarketInfo

About this property

An outstanding property that is fenced for cattle and is strategically located between State Highway 78 and FM HWY 816 on an all-weather County Road. The property has varied topography, one pond, Bermuda and native grass coverage, and older working pens. In addition, there are attractive scattered trees throughout the property. There is an Agricultural Exemption in place, and the same tenant farmer has been on the place for many years. Being that the property is rectangular in shape, it gives to the possibility of the new owner to split the property into two units, with approx. 1,120 ft of road frontage on CR 4841. See the posted Supplements of this listing for aerials, topographical maps, etc..

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$394,000Estimated 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
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

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

City: Leonard

TBD County Rd 4841 Road | Property Details | No Agent List