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$874,000
NAL Estimated Property ValueTBD N 259 Highway, Lone Star, TX, 75668
Off Market
About this property
Gorgeous property with endless potential! 172 + acres up on the hill in Morris County. Can be Commercial or Residential, Current use is Ag. Large U.S. Highway 259 frontage for future development. Internal road, timber growth for future income and the options for the property is up to your vision! The city of Lone Star does own small acreage on this property to house the current water tower. There is utility easements Mineral right are being reserved Buyer will need to do due diligence on utilities. Locked gate to enter the entire property
Investor Tools
$874,000
Estimated Property Value
$0Estimated Mortgage Balance
$874,000Estimated 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
$5,244 /month
Positive
Cash Flow Estimate:
$1,748 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%