1620 N FM 17

1,200 SF

1.5

1991

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}

PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}

You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.

Calculator Running

1620 N FM 17 ALBA, TX 75410

1,200 SF

1.5

1991

Proposed Cost {{currency(calcParams.purchaseprice)}}

Property Value {{ currency(propertyValue, 0, '-') }}

After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}

Total Monthly Rent {{ currency(unitsTotalRentalRate) }}

Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}

Rooms

Avg Weekly Rate

Rental Rate {{ currency(monthlyRental, 0, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Signature Properties, LLC

Incredible Opportunity Near Lake Fork – Live, Work and Play! This 3.5-acre property, just a mile from Lake Fork, offers the perfect combination of space for living, working, and enjoying your hobbies. Whether you're looking to start a business, need a workshop, or just need room for all your toys, this property has it all. The split bedroom layout is designed for privacy and comfort and large den combined with dining area and kitchen, great for entertaining. Recent updates include a new roof and new HVAC system. A 3,200 square foot shop featuring an office, 2 bathrooms, and 4 roll-up doors for easy access with a separate entry door into the office for added convenience. There is a large concrete slab behind the home, ideal for a carport, outdoor kitchen or extra parking. Just 1 mile from Lake Fork, perfect for fishing, boating and outdoor activities.

Virtual Tour Link

Listing Agent: Kari Burns
Broker Phone: 903-383-3530
Broker: Signature Properties, LLC

North Texas Real Estate information Services

	List Price:	$320,000
	List date:	12/13/2024
	Days on Rescover:	10
	MLS Source:	NTREIS
	MLS Number:	20797103
	MLS Data Sync:	12/23/2024 5:32 AM CST

DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.