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$240,000
NAL Estimated Property ValueTBD Farm to market 1809, Sweetwater, TX, 79556
Off Market
About this property
40 acres to be surveyed out of a larger tract. Great spot with excellent views and good wildlife. Great spot to build your home or develope. Owner has grubbed mesquites and cedars on some of this acreage. There is a new 10 inch water line running down FM 1809, electricity available at the road. The seller is offering half of the owned mineral estate with an acceptable offer. There is one oil well on this tract that is scheduled to be plugged. Owner will sell additional acreage as well. Excellent views, rolling topography, close to town.
Investor Tools
$240,000
Estimated Property Value
$0Estimated Mortgage Balance
$240,000Estimated 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
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%