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$650,000

12987 C R 452, Lindale, TX, 75771

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.32 / sqft
Year BuiltBuilt in 1994

About this property

The Douglas Ranch found in East Texas near the City of Lindale, is for sale for the first time. The 18+- acre ranch features improved pasture, a pond for livestock, a water well, creek, road frontage on two county roads, brick ranch home and a large shop building. The 2042 square foot home has three bedrooms, two full bathrooms, large family room with fireplace insert with blower, country kitchen, breakfast room overlooking the gunite saltwater swimming pool, formal dining room for special gatherings and a private small office. Go out the back door and step onto the covered porch and the stone patio surrounding the in ground gunite saltwater swimming pool with waterfall feature. The pool features continue with custom heated spa for relaxing after a nice swim. The 36’ x 60’ metal building has 24’ x 54’ space dedicated to shop area. The balance of the building is perfect for equipment and tractor storage with space for an RV. The shop has rollup doors for easy access for equipment and trailer storage. Board rail fencing sets the perimeter of the space surrounding the ranch house and keeps livestock at a distance. Very mature Live Oaks provide shade at the front of the house, and a large Pine Tree stands tall in the front yard. To assure that potable water is available at all times is a 450 foot deep water well in the Wilcox Formation providing water for drinking, irrigation and swimming pool. With the turn of a valve Lindale Rural Water Supply becomes the water source. The pasture land is currently being used for cattle grazing and is leased to a local rancher. The pasture will easily accommodate horses as well and there is plenty of space to ride and roam. The ranch has an agriculture exemption decreasing property taxes. To sum up, the Douglas Ranch offers lots of opportunities to enjoy the great outdoors and some fine country living. Find Your Freedom in East Texas at the Douglas Ranch.

Investor Tools

$0Estimated Mortgage Balance
$650,000Estimated 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
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Carroll Bobo

United Country Legacy Land Company

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Financing Details

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

City: Lindale

12987 C R 452 | Property Details | No Agent List