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$369,000

NAL Estimated Property Value

TBD N Evenside, Henderson, TX, 75652

Off MarketInfo

About this property

Discover a prime opportunity for residential development with this 46.314-acre parcel located within the city limits of Henderson. This expansive tract of flat, undeveloped land offers a blank canvas for creating a new residential neighborhood in a thriving community. Situated strategically, the property benefits from easy access to local amenities, schools, and transportation routes. It is zoned for residential use, simplifying the development process for housing projects. The land is ready for connection to city water, sewer, and electricity, with frontage on well-traveled roads, the property enjoys high visibility and accessibility, making it an attractive location for potential future residents. Henderson is experiencing growth, with a rising demand for new housing, presenting a lucrative investment opportunity. This site offers the potential for a variety of residential options, from single-family homes to townhomes, and could include community amenities like parks or recreational facilities to enhance its appeal. The expanding housing market and favorable economic conditions in Henderson support strong demand for new developments, making this property a valuable asset for forward-thinking investors. Seize this chance to shape Henderson’s future and create a vibrant new neighborhood.

Investor Tools

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$369,000
Estimated Property Value
$0Estimated Mortgage Balance
$369,000Estimated 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
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

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

City: Henderson

TBD N Evenside | Property Details | No Agent List