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$962,995

NAL Estimated Property Value

TBD County Road 322, Milano, TX, 76556

Off MarketInfo

About this property

Beautiful rolling pasture with mature oaks and native pastures with amazing panaramic views!!!! Would be a wonderful place for a home or weekend place! Partially fenced on front and sides only. Wet weather creek. Grazing lease - month to month. Will have to give tenant a 30 day notice to vacate. Milano Water meter available at $2,300.00, please verify with Milano Water Supply Corp. No minerals or water rights owned. Electricity available. Septic needed. Survey needed, priced at $11,000 per acre. There is an adjoining 43.912 acre tract to the north of this tract belonging to the same owner asking $16,000 per acre as well, MLS # 9478641. Milam county does not have a flood plain map available.

Investor Tools

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$962,995
Estimated Property Value
$0Estimated Mortgage Balance
$962,995Estimated 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
$5,778 /month
Positive
Cash Flow Estimate:
$1,926 /month

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Financing Details

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

City: Milano

TBD County Road 322 | Property Details | No Agent List