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$110,000

$120,000

TBD3 Stafford, Italy, TX, 76651

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About this property

Build your custom home on this beautiful 1-acre homesite just outside the city limits of Italy, Texas. Showcasing a level landscape with expansive open space accented by mature trees, this property offers an ideal setting for creating the home you've been dreaming of. The generous layout provides endless possibilities for a workshop, outdoor entertaining, a garden, or simply enjoying wide-open Texas skies. Experience the peace of rural living while remaining just minutes from I-35 with convenient access to Hillsboro, Waxahachie, and Corsicana. One of three available homesites, this property presents an outstanding opportunity to build in a quiet country setting. Electricity is available at the road. Per seller, a water meter has already been approved by the water board, with installation and septic system required by the buyer. Buyer to verify all utility requirements and availability. Restrictions include no manufactured or mobile homes, no commercial or professional activity, no auto body shops, and no additional structures such as outbuildings, sheds, barns, or shops. Residence must be a minimum of 1,800 square feet.

Investor Tools

$0Estimated Mortgage Balance
$110,000Estimated 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
$660 /month
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Cash Flow Estimate:
$220 /month

Interested in this property?

Chad Smith

Realty Of America, LLC

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Financing Details

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

City: Italy