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$115,500
NAL Estimated Property Valuetbd Hwy 164, Groesbeck, TX, 76642
Off Market
About this property
Convenient with state highway frontage this 33.95 acres is ready for livestock or a new home. The property is approximately 9 miles out of Groesbeck on E Hwy 164. It has a nice homesite with huge oak trees, a barn and cattle pens with a hay trap waiting for someone to bale hay. The property is covered with good native grasses and in the past been grazed and used for hay production. (Boundaries shown are approximate-new survey available)
Investor Tools
$115,500
Estimated Property Value
$0Estimated Mortgage Balance
$115,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$693 /month
Positive
Cash Flow Estimate:
$231 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%