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$600,000

NAL Estimated Property Value

TBD Farm to market 51, Gainesville, TX, 76240

Off MarketInfo

About this property

This beautiful 30+-(approx) Acre tract is a result of seller willing to split the larger 58.45acre tract. Take your pick which tract you prefer. Currently has Agricultural Exemption and being farmed. Great opportunity to add to your Farm and Ranch business or start your own. Land is getting harder and harder to come by at reasonable prices and this is your chance. The land is flat and ready to farm or potentially cut up and sell smaller tracts for mini ranches or develop and build. (Buyer will need to do their homework with local jurisdictions for all the possibilities). Unlimited potential!

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$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated 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
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

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

City: Gainesville

TBD Farm to market 51 | Property Details | No Agent List