$185,000
NAL Estimated Property ValueTBD Fm 3221, Bonham, TX, 75418
Off Market
About this property
Some of the best sandy soil in North Texas, this tract was once part of the Buena Vista Grass Farm and is ideal for agriculture or a homesite. Located near the Red River (no frontage), the property features deep Mulberry bottom land known for producing Bermuda grass, alfalfa, vegetables, fruit trees, and even vineyards. Surrounded by new homes and peaceful rural views, this land offers both productivity and potential. No mobile homes or campers allowed. Property is in the 100-year flood zone but there are new homes in the area. New survey is attached.
Investor Tools
$185,000
Estimated Property Value
$0Estimated Mortgage Balance
$185,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
