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County Road 2360
Decatur, TX 76234
Asking Price
$17.75M
Asset Type
Residential Land
Class
Class B
What's Special
Development Land Opportunity | 222 AC <ul><li>Trinity Meadows at the Grasslands is an 88 lot finished lot subdivision in Decatur, Texas, one of the fastest growing markets in the state.</li><li>±222 acres subdivided into 88 finished lots ranging from ±2.10 to ±5.13 acres</li><li>Three sided adjacency to the LBJ National Grasslands, ±20,309 acres of permanently protected federal land that can never be developed</li><li>Private, exclusive resident access point into the National Grasslands</li><li>Land already acquired and A&E wor
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NOI
$80,000
Cap Rate
0.45%
DSCR
0.08
Underwater
Cash-on-Cash
-18.29%
Monthly Payment
$87,817.315
Annual Cash Flow
$-973,807.783
