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$720,000

NAL Estimated Property Value

TBD Nink Road, Smithville, TX, 78957

Off MarketInfo

About this property

Located ~19 miles east of Bastrop and approximately halfway between Paige and Smithville sits this beautiful, raw land property ready for any hunter, homestead or investment. Being within an hour of Bastrop, Giddings, La Grange and Austin-Bergstrom Airport, this unrestricted +/- 51 acre property provides country living with the convenience of amenities. Privacy is a main component of this ranch while, at the same time, boasting ~825 ft of paved road frontage with no access easements. Take advantage of the opportunity to own a piece of gorgeous eastern Bastrop county! This ag exempt ranch consists of rolling topography with approximately 50 ft of elevation change. There are a variety of trees on the property that include several mature pines, various oaks and some cedar. Pin Oak Creek meanders through the backside of the property and has been known to never go dry, even in prolonged TX droughts. A buyer would own both sides of Pin Oak Creek and could access either side via a low water crossing on the north side of the property. There are several draws throughout the property that could be expanded or rerouted into a stock tank. Wildlife is abundant, which includes whitetail deer, turkey and waterfowl. While being a dense woodland, there are some trails cut along the fence lines and throughout the interior for access to each boundary line. Barb wire fencing is present on nearly all sides, with some areas needing improvement. Being virtually untouched, this land is a blank slate for any discerning buyer to carry out their hunting or residential goals.

Investor Tools

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$720,000
Estimated Property Value
$0Estimated Mortgage Balance
$720,000Estimated 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
$4,320 /month
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Cash Flow Estimate:
$1,440 /month

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Financing Details

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

City: Smithville

TBD Nink Road | Property Details | No Agent List