2960 N Mt Mariah Rd

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2960 N Mt Mariah Rd

Montgomery, TX 77356
Asking Price
$1.68M
Asset Type
Agricultural Land
Class
Class B

What's Special

Land | 61.5 acres <p>Income-producing potential with long-term upside. This property features a barndominium, multiple wells, cross-fencing, and established water lines. With tanks and a creek border, water is abundant. Previously a successful cattle operation, it offers immediate use with strong potential for residential or mixed-use investment.</p>

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NOI
$80,000
Cap Rate
4.76%
DSCR
0.80
Underwater
Cash-on-Cash
-3.92%
Monthly Payment
$8,311.723
Annual Cash Flow
$-19,740.68

Location & Travel Times