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$350,000

TBD County Road 529, Mullin, TX, 76864

On MarketInfo

About this property

A beautiful 31 Acres with direct access to County Road 529, this spectacular property has dense cover for wildlife including a variety of oaks, elm, cedar and woody plants. The gently rolling to hilly terrain has excellent pasture roads throughout the property. There is electricity available along the county road and there are three water wells drilled and cased. There is one pond that catches runoff in the rainy season, fed by a drainage that passes through the property. Wildlife include Whitetail Deer, Wild Turkey with doves and ducks migrating through the area. The property is currently under an ag exemption. This great recreation ranch is well located and convenient to both Goldthwaite and Brownwood. From major metros it is less than 2 hours from Austin, 2 1/2 hours from the Dallas/Fort Worth and 3 hours to San Antonio.

Investor Tools

$0Estimated Mortgage Balance
$350,000Estimated 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
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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John Stepan

Ranch Investments

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Financing Details

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

City: Mullin