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$247,250

NAL Estimated Property Value

TBD2 S Hwy 281, Hamilton, TX, 76531

Off MarketInfo

About this property

21.5 +- acres about 4 miles south of Hamilton off Hwy 281. There is about 200 feet Hwy 281 frontage on west boundary of property. Being this close to town & having Hwy 281 frontage offers one a variety of possibilities for this tract of land. In addition to being used for farming & ranching, one could utilitize it commercially, build their forever home, or just a weekend getaway from the big city. The property is landscaped with native grasses & scattered trees. The trees include mesquite, cedar, & other hardwoods. There is a tank that offers water for the livestock & wildlife or a well could be drilled. Electricity is available on site through the Hamilton County Electric Cooperative. There are several great building sites. One could disc up a small area for a food plot for the wildlife and livestock or let grow in sunflowers for dove. The possibilities are endless. Come take a look. This parcel of land is apart of a larger tract that is being offered for sale being 53.513 Acres.

Investor Tools

Property Icon
$247,250
Estimated Property Value
$0Estimated Mortgage Balance
$247,250Estimated 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
$1,484 /month
Positive
Cash Flow Estimate:
$495 /month

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Financing Details

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

City: Hamilton

TBD2 S Hwy 281 | Property Details | No Agent List