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FM 3297
Bonham, TX 75418
Asking Price
Contact for price
Asset Type
Land
Class
Class B
What's Special
Land | 487.86 acres <p>The property is positioned outside of municipal limits with no ETJ restrictions, allowing for flexible land use and minimal regulatory constraints. All tracts are currently ag exempt, providing a favorable holding cost profile.</p><p></p><p>Tracts may be acquired individually or in combination, allowing buyers to scale based on specific use requirements or capital deployment strategy.</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
