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$898,000

tbd Narrows RD, Blanco, TX, 78606

PendingInfo

About this property

34.78 unrestricted acres available on the Little Blanco River 10 minutes south east of the small hill country town of Blanco. Property details are paved county road access, electrical poles on the front of the property, no deed restrictions, no HOA , low taxes due to wildlife management program in place, and new fencing along Narrows Road. The neighboring property to east is in the process of building new a fence along the field area. The majority of the property is on the west side of Narrows Road which has grassy pastures with deep rich soil- great for gardens or fields, and rolling hills with wonderful shade from the beautiful oaks and other native trees that add privacy to your home site. The area along the Little Blanco River could make a great place to picnic, camp, explore, or watch the wildlife. There are six lots being sold together. Two lots are on the west side of Narrows Road and four smaller lots are on the east side of Narrows Road with over 240 ft of the Little Blanco River frontage. Central location to the Hill Country, less than an hour drive to San Antonio or Austin. Buyers are responsible for investigation of taxes and flood area. Of the 34.78 acres, 18.73 acres are on the market already and could be bought first see MLS # 7265701. Seller has a survey.

Investor Tools

$0Estimated Mortgage Balance
$898,000Estimated 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
$5,388 /month
Positive
Cash Flow Estimate:
$1,796 /month

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Financing Details

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

City: Blanco