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$59,000

NAL Estimated Property Value

TBD Diamond Bay Drive, Frankston, TX, 75763

Off MarketInfo

About this property

Get ready to build your home on the last available Water View lot located within Diamond Head Bay! This beautifully maintained, lake subdivision is a rare gem on Lake Palestine with a security gate and private boat ramp. The HOA fees are only $245 per year. Building restrictions include no mobile homes and a minimum of 1500 sqft. This lot is nearly a half acre and located on a quiet cul-de-sac. GPS coordinates are 32.131666157096 -95.476454462738

Investor Tools

Property Icon
$59,000
Estimated Property Value
$0Estimated Mortgage Balance
$59,000Estimated 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
$354 /month
Positive
Cash Flow Estimate:
$118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$245/month
5.947%

City: Frankston

TBD Diamond Bay Drive | Property Details | No Agent List