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$89,900

701 Hwy 45 Highway, Richland Springs, TX, 76871

$116,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.19 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

ARV Flip

About this property

Unique opportunity with highway frontage! This approximately 1-acre property features a roughly 1,000-square-foot 1930s home with plenty of potential for a variety of uses. Located in the Richland Springs ISD, it offers a small-town setting that can be a great place to raise a family. The property is currently being used as a farm stand and offers excellent visibility for someone looking to continue a roadside business, create a small retail venture, keep animals, or simply enjoy a home with extra space and flexibility. The owner has already purchased materials for a new metal roof, and those materials will be available to the buyer. A versatile property with the opportunity to live, work, and make it your own.

Investor Tools

$0Estimated Mortgage Balance
$89,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$116,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$539 /month
Positive
Cash Flow Estimate:
$180 /month

Interested in this property?

Rhonda Wyatt

Burkhart Real Estate

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Financing Details

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

City: Richland Springs

701 Hwy 45 Highway | Property Details | No Agent List