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$297,000

NAL Estimated Property Value

TBD County Road 4515, Whitewright, TX, 75491

Off MarketInfo

About this property

This 10.08 acre tract is a rare find in a prime location. You are just a few minutes to US Hwy 69 and about 2 miles to the new State Hwy 121 for an easy jump into McKinney or DFW. Plus you are convenient to Bonham, Bois D'Arc Lake and about 20 minutes to the TX Instruments corridor near Sherman. A water meter is installed, electric is present, and a new survey is in hand. Bring your home plans and build or hold for an investment. The tract a mix of pasture and woods, is Wildlife Exempt, fenced on 3 sides and Fannin County taxes are reasonable. The woods and field make for exceptional wildlife habitat and this land has a history of holding big whitetail bucks, as the owner has practiced quality deer management, look at the pictures. Some flood plain, and an adjacent meandering creek, in the rear of the tract, is present and makes for really nice trees. Gentle deed restrictions are proposed. Graphic boundary is approximate. Information deemed reliable buyer should perform due diligence.

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$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$297,000Estimated 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
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

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

City: Whitewright

TBD County Road 4515 | Property Details | No Agent List