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308 OAKHAVEN LN
FREDERICKSBURG, TX 78624-4848
Asking Price
$3.16M
Asset Type
Agricultural Land
Class
Class B
What's Special
20.3 Acres in Fredericksburg City Limits - Zoned for Single Family Residential <p>Zone for Single Family Residential Use </p><p>City Water, Sewer and Atmos Gas is hooked up with meters in place</p><p>24" sewer lines at front and back of property</p><p>6" Water Lines</p><p>Over 600 Feet of City Street Frontage </p><p>Over 1000' of Barons Creek. Property includes both sides of Barons Creek. </p>
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NOI
$80,000
Cap Rate
2.53%
DSCR
0.43
Underwater
Cash-on-Cash
-11.34%
Monthly Payment
$15,619.673
Annual Cash Flow
$-107,436.071
