$99,000
NAL Estimated Property ValueTBD Tract C HWY 8, Gorman, TX, 76454
Off Market
About this property
10 Acres ideally located just outside of Gorman TX on a paved FM road. This property has 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 the highway frontage and in a new fence in the back. Fences will need to be built on both sides. Call us to see it!
Investor Tools
$99,000
Estimated Property Value
$0Estimated Mortgage Balance
$99,000Estimated 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
$594 /month
Positive
Cash Flow Estimate:
$198 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
