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$110,000

NAL Estimated Property Value

TBD Fm 1602, Jonesboro, TX, 76538

Off MarketInfo

About this property

This is the perfect place to build your dream home. It has been cleared of cedars with a few mesquite trees left. The property fronts FM 1602 for easy access. It is located approximately 2 hours from the metro plex and 2 hours from Austin. There are views on the hills to the north plus there is a perfect spot to build a nice pond. This property is ag exempt. Electric is nearby. The new owner would need to drill a well and a septic would be needed. There are currently no restrictions on this property. The seller is letting the minerals they own go with this parcel. If you are looking for a place to come unwind or put some livestock on this is your place.

Investor Tools

Property Icon
$110,000
Estimated Property Value
$0Estimated Mortgage Balance
$110,000Estimated 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
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

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

City: Jonesboro

TBD Fm 1602 | Property Details | No Agent List