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$1,200,000

NAL Estimated Property Value

TBD S State Hwy 5 Avenue, Fairview, TX, 75069

Off MarketInfo

About this property

Just over 2 acres of land in the heart of Fairview this property is perfectly located at the northeast corner of Hwy 5~Greenville Ave and Stacy Rd and is zoned Urban Transition. Urban Transition zoning allows for a variety of mixed use developments. Possibilities for the land include residential homes, townhomes, live work office space or a small retail development. This property backs to a new luxury development and is within walking distance to abundance of retail, dining and entertainment options. A secondary easement allows for two entrances to the property giving the new owner more options when developing the land.

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,200,000Estimated 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
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

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

City: Fairview

TBD S State Hwy 5 Avenue | Property Details | No Agent List