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$313,192

NAL Estimated Property Value

TBD W Main Street, Honey Grove, TX, 75446

Off MarketInfo

About this property

Right size - right location. This 16 acre tract has Hwy 56 frontage and is located just outside the western city limits of Honey Grove. Property has perimeter fencing, 2 stock tanks and is currently being used for livestock pasture with the agricultural exemption in place. Potential uses include residential development, commercial endeavors, investment or creating a quiet country homesite. Honey Grove is situated directly between, and just a few miles from both of Texas's newest and soon to be completed lakes - Bois d'Arc Lake and Lake Ralph Hall. Cattle are present so please keep gates closed., All information is deemed accurate but to be verified.

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Property Icon
$313,192
Estimated Property Value
$0Estimated Mortgage Balance
$313,192Estimated 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
$1,879 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

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

City: Honey Grove

TBD W Main Street | Property Details | No Agent List