Trophy Deer Hunting property with Mineral rights and House

CR 4002 75.5 acres House at 405 Newton St, Newton, TX 75966

$390,000 After Repair Value -
$340,000 Asking Price -
$18,000 Cost of Repairs =
$32,000 Potential Profit

Property Details

Asking Price $340,000

After Repair Value $390,000

Costs of Repairs $18,000

Potential Profit $32,000

Living Area 1156 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,000

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

75.5 acres of Trophy deer hunting property. This land has been an income generator for 40 years, The House is located 4 miles away at 405 Newton St. Newton Tx 75966. 3bdrs 1 bth. flip house or buy and hold. The hunting property was the corner stone of the Famed Ebarb Ranch in Newton many Trophy deer taken. Hassle creek is on the property. Paved road access utility poles on property. Oil reserves found at deep depths not yet drilled . Mixed Timber hardwoods and pine . Never been clear cut selective cut only

Repairs Needed

New roof new floors some drywall and paint Vinyl siding . Bathroom vanity.

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