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$630,000

TBD Milo, Whitewright, TX, 75491

On MarketInfo

About this property

This 20-acre parcel of land offers various opportunities for its potential buyers. Whether you are looking to build your dream home, make an investment, or engage in development projects, this property provides a blank canvas for your aspirations. Situated just off Hwy 69 on a pleasant country road, the land boasts approximately 400 feet of frontage.Currently, the land is being leased and farmed by another party, presenting a source of income while you decide on its future use. As you arrive on the property, you will be greeted by a wide open field, offering a sense of space and possibilities. Towards the back of the tract, a row of trees adds a touch of natural beauty and separation.The majority of the land is flat, providing ease of use and construction.There is a small gully on the east side, adding a unique feature to the landscape.The location, combined with the ongoing growth in and around Whitewright and its surrounding areas, makes it highly desirable for development purposes.

Investor Tools

$0Estimated Mortgage Balance
$630,000Estimated 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
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

Interested in this property?

Compass RE Texas, LLC

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Financing Details

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

City: Whitewright

TBD Milo | Property Details | No Agent List