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11416 Farm to Market 244
Anderson, TX 77830
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B
What's Special
Located Next to Proposed Space X Terafab Facility <p>This 1 acre tract is located next to the Newly proposed Space X Terafab facility at Gibbons Creek Reservoir in Grimes County Texas. This tract has 210 ft of frontage on FM 244 as well as a 912 sqft cabin and small barn. Power, water, and septic in place. Seller is entertaining all reasonable offers. Contact sales agent for all correspondence. </p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547