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$109,000

NAL Estimated Property Value

TBD Tract B HWY 8, Gorman, TX, 76454

Off MarketInfo

About this property

10 Acres ideally located just outside of Gorman TX on a paved FM road. This property has approx. 35 mature Pecan trees and could be used partially as an orchard or for pasture, and it would make a gorgeous homesite! There is a city water meter already in place and electricity is available from power lines on Highway 8. Currently fenced on 3 sides, fence on the west and north sides are new. Call us to see it!

Investor Tools

Property Icon
$109,000
Estimated Property Value
$0Estimated Mortgage Balance
$109,000Estimated 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
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

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

City: Gorman

TBD Tract B HWY 8 | Property Details | No Agent List