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$950,000

TBD CR 2720, Caddo Mills, TX, 75135

On MarketInfo

About this property

Prime opportunity to own approximately 35.97 acres of unrestricted land in the rapidly expanding growth corridor of Hunt County. Located on County Road 2720 in Caddo Mills, this property offers an exceptional combination of privacy, accessibility, and long-term investment potential. The land features level to gently rolling terrain, making it ideal for a variety of uses including residential development, private estate, ranching, commercial use, or buy-and-hold investment. Property includes valuable infrastructure improvements, including an 8-inch water pipe servicing the area, adding significant future development potential and utility accessibility. With ample county road frontage and easy access to major thoroughfares including Highway 66 and Interstate 30, this location provides convenient connectivity to Greenville, Royse City, and the Dallas-Fort Worth Metroplex. Situated outside city limits, the property benefits from no HOA restrictions and no known MUD or PID assessments, helping keep holding costs low. Agricultural exemption is currently in place, contributing to significantly reduced property taxes. Utilities availability to be verified by buyer. Seller financing available with only $25,000 down, based on a 30-year amortization at 6.5% interest, with balloon payment due in 36 months, creating a rare opportunity for investors, developers, or owner-users seeking flexible acquisition terms. This area is experiencing continued residential and land development growth, making this a strategic acquisition for builders, developers, or investors looking to capitalize on the eastward expansion of DFW.

Investor Tools

$0Estimated Mortgage Balance
$950,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Patrick Minarovich

Avignon Realty

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Financing Details

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

City: Caddo Mills