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$323,750

TBD CR 2428, Como, TX, 75431

On MarketInfo

About this property

This approximately 25.9 acres with rural charm, is located in a peaceful, quiet, country setting with nice, quiet surroundings. The property has new fence on front and South side, and other 2 sides are well fenced. There is a Stock Pond for watering livestock. There's wide open spaces of mostly all native pasture on sandy loam soil, with a few trees. Best use is for Homestead, Getaway, or for grazing cattle or horses, running a few kids, or for hay production. The land rests on a quiet, blacktop county road that dead ends past the subject property approximately one half mile. Farmers Electric Co-op Serves electricity (already on the Property) There is NO Co-op water Available to this property. Domestic water for other Homes in the immediate area is via well water from the Carrizo=Wilcox Aquifer , which is between 500 and 600 feet beneath the surface. Water well driller in the area is the source of the stated depth, and who also stated that this Aquifer has some of the very best water in the State. This property is located minutes from Lake Fork, A Famous Bass Fishing Lake Buyer and Buyers agent to verify all information and particularly with regards to the subsurface water.

Investor Tools

$0Estimated Mortgage Balance
$323,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,943 /month
Positive
Cash Flow Estimate:
$648 /month

Interested in this property?

Glenn Irvin

Glenn Irvin & Co. Real Estate

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Financing Details

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

City: Como