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2297 FM 2931
Aubrey, TX 76227
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 12 acres <ul><li>Total Size ± 12 Acres 12</li><li>1/2 ETJ Zoning</li><li>Aubrey ISD</li><li>Future Land Use Plan: Neighborhood Mixed Use</li><li>Utility tie‐in at FM 2931 (Mustang Water)</li><li>Surrounding Developments:</li><li>Foree Ranch: 1,390 Lots</li><li>Chatham Reserve: 82 Lots</li><li>The Silverado Development: 4,700 Lots</li><li>Providence: 2,517 Home</li></ul>
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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
