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$75,000

NAL Estimated Property Value

TBD County Road 4510, Winnsboro, TX, 75494

Off MarketInfo

About this property

Unique waterfront property with over 8 acres of heavily wooded land situated along CR 4510 just south of Winnsboro known for its bustling artist community. Land offers gorgeous views of a sizable lake created courtesy of a family of beavers that has been maintaining the dam for decades. Water depth in most parts are 5-6 feet deep and spring fed by a creek running through the middle with depths well beyond 5-6 ft. Prior to the beavers calling this property home, the cleared portion of the acreage mostly now under water was used for grazing many heads of cattle. The variety of uses for this land is unparalleled. Build your dream home toward the front of the acreage along CR 4510 in heavily wooded paradise with backyard views overlooking beautiful waters and resident wildlife. Or dismantle the beaver dam and take the land back to grassland perfect for grazing cattle. Water, gas & electric utilities onsite or nearby. Easement on south side of property providing access to neighbor to SE.

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$75,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,000Estimated 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
$450 /month
Positive
Cash Flow Estimate:
$150 /month

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Financing Details

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

City: Winnsboro

TBD County Road 4510 | Property Details | No Agent List