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$149,000

NAL Estimated Property Value

TBD Verbena Rd, Ore City, TX, 75683

Off MarketInfo

About this property

This 13.041 acres has several nice building sites with over 1400 ft of road frontage. Plenty of large hardwoods on the property. Great views and a nice elevation change. This would make for a great getaway that is close to Lake O' the Pines. Lone Star Boat Ramp is less than a mile away. There is electric just to the north on the neighboring property. Owner says the neighbor is willing to give an electric easement, if needed. It appears that Bi-County water stops a few feet from the property line. Buyer to confirm electric and water availability. A new survey has been completed.

Investor Tools

Property Icon
$149,000
Estimated Property Value
$0Estimated Mortgage Balance
$149,000Estimated 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
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

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

City: Ore City

TBD Verbena Rd | Property Details | No Agent List