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$100,000

NAL Estimated Property Value

TBD County Road 347, Karnes City, TX, 78118

Off MarketInfo

About this property

$100,000 IS THE OPENING BID ON TRACT 3 IN THE LIVE AUCTION ON JULY 23RD. Features an Auction Arena, Horse Barn, Bunkhouse and Sock Pens. Tract 1 has an Opening Bid of $500,000 and Tract 6 an Opening Bid of $50,000. Tracts 2, 4, 5, 7 & 8 have an Opening Bid of $1000 per acre. Prospective Buyers have the opportunity to purchase any Tract, any Combination or Buy the Entire 138ac Southwind Ranch. Registration begins at 9am, Live Auction of Real Estate at 11am and Personal Property at Noon. Property sells AS IS with NO Contingencies for Funding, Inspections or Appraisals & NO Option Period. 10 percent Buyer's Premium added to High Bid to constitute the Total Contract Price. The Buyer's Premium is paid upon the execution of the Contract on the day of the Auction by Cash or Personal-Business Checks with will be accepted if accompanied by a Bank Letter of Guarantee or other Proof of Funds. The Remaining Balance is due Thursday, September 8, 2022 by 5pm at Doster Law Group-Doma Title in Denton.

Investor Tools

Property Icon
$100,000
Estimated Property Value
$0Estimated Mortgage Balance
$100,000Estimated 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
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

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

City: Karnes City

TBD County Road 347 | Property Details | No Agent List