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NWQ Stewart Rd. & Melton Rd.
Dorchester, TX 75459
Asking Price
Contact for price
Asset Type
Ranch Land
Class
Class B
What's Special
105 acres in-between S.H. 289 & Future Tollway <p>• Agriculturally-exempt land located outside the city limits and in Unincorporated Grayson County</p><p>• Situated in-between S.H. 289 & the proposed future alignment of the tollway</p><p>• Good road frontage along Stewart Road</p><p>• Flat property with minimal floodplain</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
