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$180,000

TBD Other, TX, 79714

On MarketInfo

About this property

60.556 acres of farmland between Andrews and Seminole over the Ogallala Aquifer. Multiple water wells drilled reported to be able to produce approximately 100 GPM, or 2.86 GPM per wet acre. 1 year old (97% life) 3-tower center pivot in excellent condition, irrigation motors, and irrigation system electrical control panel. 35 irrigated, 25.556 pasture. Fallow for over 1 year. Condition of wells, and status of Mineral rights & surface leases UNKNOWN, buyer to verify. Sold as fee simple interest.

Investor Tools

$0Estimated Mortgage Balance
$180,000Estimated 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
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

Interested in this property?

Sam Garretson

The Real Estate Ranch LLC

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Financing Details

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

City: Other

TBD Other | Property Details | No Agent List