$450,000

Description

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan could implement timber management with future harvest income and still hold value as a potential commercial property. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.

  • Property Details
      • Lot description:Acreage
      • Acres:27.0000
      • Property type:Purchase
      • Subdivision:none
      • School district:Frankston ISD
      • Elementary School:Frankston
      • County:Henderson
      • MLS #:20706992
      • Cost:450000
      • Property subtype:Unimproved Land
      • MLS #:20706992

Location

Brenda MancilBrenda Mancil REALTOR®
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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