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$415,000

TBD CR 246, Arp, TX, 75750

On MarketInfo

About this property

This 65-acre tract is located between Chapel Hill and Arp just North of hwy 64 east on county road 246. Lake Tyler East is located just 5 minutes away with boat launch available. The land is currently being used for a cattle operation. There are several acres of bottom land with Caney Creek running through it that provides year-round water. The property also boast beautiful hillside building sites with perfect spots for building a nice size lake. There is a fairly new 25 x 40 metal building with a roll up door. The building has a dirt floor and is currently used for storing equipment. There are several types of native grass great for grazing cattle. The land is completely fenced with the majority being pipe and barbed wire. Come put your vision to work on this unique property. CALL FOR YOUR SHOWING TODAY

Investor Tools

$0Estimated Mortgage Balance
$415,000Estimated 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
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Max Burch

Miller Homes Group - Gladewater

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Financing Details

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

City: Arp

TBD CR 246 | Property Details | No Agent List