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$365,000

265 Cr 1280, Ector, TX, 75439

On MarketInfo
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Property Lead Type:

Absentee OwnerHigh Equity

About this property

**6.131 Acres, Two Roads, Endless Possibilities!** Discover 6.131 acres at the corner of US Highway 82 and County Road 1280 in Fannin County! Featuring an expansive stretch of Highway 82 frontage, this rectangular tract also offers frontage along County Road 1280, creating an appealing combination of highway exposure and peaceful country acreage. The property features a pond, relatively level terrain, open areas, and mature trees. Whether you're envisioning a country homesite, a place to enjoy the outdoors, or an investment in North Texas land, this property offers room to explore your possibilities. Located near Ector and Bonham, the tract provides convenient access to surrounding Fannin County communities and the growing North Texas region. Utilities are available nearby, with connections and service requirements to be verified by the buyer. With frontage on two roads, a pond, and more than six acres to work with, this property offers an opportunity to create something uniquely your own. Buyer to verify access requirements, utilities, restrictions, and suitability for intended use. Direct access from US Highway 82 would require applicable TxDOT approval.

Investor Tools

$0Estimated Mortgage Balance
$216,060Estimated 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
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

City: Ector

265 Cr 1280 | Property Details | No Agent List