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$539,900

TBD Hwy 281 S, Hamilton, TX, 76531

On MarketInfo

About this property

53.513 acres located conveniently about 4 miles from Hamilton off Hwy 281. Over 1,200 ft of Hwy 281 frontage on the west boundary of the property. Being this close to town and having Hwy 281 frontage offers many different possibilities for this tract of land. In addition to being used for farming and ranching, one could utilitize it commercially. The property is landscaped with native grasses and scattered trees throughout. The trees include mesquite, cedar, and other hardwoods. There are 2 tanks that offer water for the livestock and wildlife. There is electricity on the property and just needs a meter. There are several great building sites. A small field in the back that one could plant coastal (which it had several years ago), plant oats for wildlife and livestock, sunflowers for dove, many possibilities. A loafing shed is on the property that offers some shelter for your animals. Come take a look. Seller will sell off around 21.5 acres from the south end (call for map on it).

Investor Tools

$0Estimated Mortgage Balance
$539,900Estimated 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
$3,239 /month
Positive
Cash Flow Estimate:
$1,080 /month

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MCGREGOR REAL ESTATE

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Financing Details

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

City: Hamilton

TBD Hwy 281 S | Property Details | No Agent List