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$1,200,000
NAL Estimated Property ValueTBD St Paul Road, TX, 75098
Off Market
About this property
This beautiful acreage adjoins the Corp of Engineer's property along Lake Lavon. Build your dream home and bring your animals, or you could divide into multiple building sites if you wish to develop it. Located in the growing city of St Paul, TX and adjacent to the beautiful master planned subdivision of Inspiration, you will find some lake views from parts of this property. Enjoy the added benefit of adjoining the Corp of Engineer's land. Buyer to install water meter. No HOA. Building requirements: 1800 sq ft minimum (living space exclusive of any covered non-living space). See Documents for additional notes on building requirements and refer to City of St Paul for questions.
Investor Tools
$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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%