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4011 FM1966
Maxwell, TX 78656
Asking Price
$700K
Asset Type
Residential Land
Class
Class B
What's Special
Land | 1 acres <p>Opportunity! Investment! The value is in the land for future development. 1 acre! Surrounded by new neighborhoods and a brand new apartment complex. Growth is happening. Real close to the hard corner at Highway 21 and FM 1966. There is duplex on site that can be rented out for the time being to off set some closing costs. Maxwell water, pec electric and on septic.</p>
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.213
Annual Cash Flow
$38,441.443
