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$181,500

NAL Estimated Property Value

Tract 3 Osburn Road, Pilot Point, TX, 76258

Off MarketInfo

About this property

$50,000 IS THE OPENING BID FOR TRACT 3 SELLING IN A LIVE AUCTION ON SATURDAY, JUNE 24, 2023 AT 11AM. This is Tract 3 of the nearly 12 acre Executive Ranchette is located in the Heart of Horse Country. Offered For Sale at Auction divided in 3 Tracts. Buy any Tract, any Combination or Buy all 3. Tract 1 features a 3 bedroom-2 bath 2801' Custom Main House with salt water pool, 2 bedroom-2 bath 1850' Guest House, 10 stall Show Barn, 15 stall barn, workshop & 2 outdoor arenas on 8.74 acres. The adjoining Tract 2 has a 924' Mobile Home & loafing shed on 1.02ac. Tract 3, 2.04ac pasture with 2 loafing sheds is a prime homesite. Property sells AS IS with no contingencies related to financing, post sale inspections or appraisals and NO option period. Auction Registration at 9am, Live Auction at 11am. 10% Buyer's Premium added to High Bid at Auction to constitute the Total Contract Price. Buyer's Premium paid the day of the Auction. Balance due Thursday, August 3 at Doster Law Group in Denton.

Investor Tools

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$181,500
Estimated Property Value
$0Estimated Mortgage Balance
$181,500Estimated 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
$1,089 /month
Positive
Cash Flow Estimate:
$363 /month

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Financing Details

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

City: Pilot Point

Tract 3 Osburn Road | Property Details | No Agent List