16905 North County Road 2000

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16905 North County Road 2000

Abernathy, TX 79311
Asking Price
$390K
Asset Type
Farm Land
Class
Class B

What's Special

Circle B Ranch Located on the Historic Blackwater Draw in North Lubbock County Texas. <ul><li>​900 Sf newly renovated Ranch House</li><li>​Perimeter Fencing</li><li>​Horse Stalls and Pens</li><li>​Round Pen</li><li>​45.75 acres of contiguous rural land</li><li>​Frontage along North County Road 2000</li><li>​Scenic position along Historic Blackwater Draw</li><li>​Versatile terrain suitable for ranch or recreational use</li><li>​Minimal surrounding development enhances privacy</li><li>​Ideal for strategic land banking and future development</li><li>​Reliable access via maintained c

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NOI
$80,000
Cap Rate
20.51%
DSCR
3.46
Strong
Cash-on-Cash
48.59%
Monthly Payment
$1,929.507
Annual Cash Flow
$56,845.913

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