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$229,000

NAL Estimated Property Value

TBD E Texas Street, Denison, TX, 75021

Off MarketInfo

About this property

Beautiful 4.4-acre tract located outside city limits, offering a great balance of open space and existing improvements. This property is well on its way to being build-ready, featuring a professionally prepared house pad with approximately $40,000 in dirt work already completed, including the pad site, pond, and multiple access points. A culvert has been properly installed for drainage. The land is mostly cleared with scattered trees, providing both usability and privacy. A stocked pond with Blue Gil and Bass adds to the charm of the property, while approximately one acre is fenced and ready for cattle. Improvements also include a cattle barn with lean-to, making this an excellent option for small-scale livestock or hobby farming. No septic or electric is currently on site; however, the property is serviced by a water co-op and features multiple water lines. Drawings for a large custom home are available. A great opportunity for someone looking for usable acreage with major groundwork already completed, saving significant time and expense before building.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated 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
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

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

City: Denison

TBD E Texas Street | Property Details | No Agent List