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$397,000

NAL Estimated Property Value

TBD Fm 2666, Shepherd, TX, 77371

Off MarketInfo

About this property

YOU DON"T WANT TO MISS OUT ON THIS 19.571 acre tract on the highly desired FM 2666 road between FM 2025 and Shepherd. Covered beautifully with young and mature hardwood and pine trees Towards the back of the property is a large cleared area that is perfect for the secluded homesite. There is a gully a little further back that separates the very back of the property where most of the mature timber is. The very back has not been logged for timber in the length of time that the owner has had possession of the property. In the cleared area is a large pole barn covering for a RV and storage. Also located nearby is a smaller pole barn covering for equipment. The property does have a personal well site located in a small building. Electrical is also available. A pond located on the property attaches to the gully however the left side of the pond's dam is broken leaving only a little water. Oat fields are planted. This property is perfect for a homesite or just to use as camping and hunting.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$0Estimated Mortgage Balance
$397,000Estimated 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
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

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Financing Details

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

City: Shepherd