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$290,000

NAL Estimated Property Value

TBD FARM ROAD 275, Cumby, TX, 75433

Off MarketInfo

About this property

A great mix of open pastures & wooded areas on this rolling 36 acres, just north of Cumby! Prime location for building your house on the edge of town plus easy access to I-30 for commuting. Property includes a pond, small shed, pens, & is already fenced for cattle or other livestock. Pick your favorite spot on this rolling tract to build your dream home. A tree-line runs along the west side (near the road) & in the southeast corner--giving you scenic options for build sites & privacy. Water meter already in place. Imagine this being your new address! OFFERS TO BE MADE BY SEALED BID. BID PACKETS AVAILABLE JAN. 6, 2022. BIDS DUE BY JAN. 19, 2022. DECISION MADE AT JAN. 20, 2022 BOARD MEETING.

Investor Tools

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$290,000
Estimated Property Value
$0Estimated Mortgage Balance
$290,000Estimated 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
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

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

City: Cumby

TBD FARM ROAD 275 | Property Details | No Agent List