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$840,000

NAL Estimated Property Value

TBD CR 3805 & 3815, Bailey, TX, 75413

Off MarketInfo

About this property

Here you will find a very scenic and productive property with various possibilities, which is located between State HWY 11 and FM HWY 816. Approximately 55 acres of this property is cultivated farmland with a cropping history of wheat, soybeans, and corn with a good tenant farmer in place. The remainder of the land is in timber with two ponds, hardwoods and cedar, making for beautiful homesites. This property has hunting opportunities for deer, hog, and other wildlife. In addition, the property has a tremendous amount of County Road frontages, with approximately 2,000 feet on CR 3805, and approximately 1,758 feet on CR 3815, allowing for splitting opportunities for the investor. Truly a scenic and unique property!

Investor Tools

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$840,000
Estimated Property Value
$0Estimated Mortgage Balance
$840,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,040 /month
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Cash Flow Estimate:
$1,680 /month

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Financing Details

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

City: Bailey

TBD CR 3805 & 3815 | Property Details | No Agent List