Last 24 Hours
$174,000
NAL Estimated Property ValueTBD Putman, Sulphur Springs, TX, 75482
Off Market
About this property
INVESTOR SPECIAL! This 1.75+- acre lot is currently in the process of being zoned multi-family. A HUGE lot for duplexes, quadplexes, rent homes and more. Per city requirements, this lot can also be divided into 6 different lots. Directly behind this lot on College St., custom homes are being built which is sure to add value to this property. Just minutes away from Downtown Sulphur Springs' restaurants, bars, live music and events. Whatever you choose to build here will be a hit. This lot may be eligible for City assistance with the 380 agreement.
Investor Tools
$174,000
Estimated Property Value
$0Estimated Mortgage Balance
$174,000Estimated 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
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%