Approx. 60 ac unimproved tract within the City limits of the City of Seguin with commercial development potential. The tract is currently undeveloped farmland & is receiving ag valuation. The tract is adjacent to Rio Nogales power plant & near where the new Niagara Water facility will build. The appraisal indicates that no part of the tract is within the 100 yr flood plain. Also, possible railroad frontage on the south side.
From downtown Seguin, go west on W. Court St. to Guadalupe St. Turn right. Continue north on Guadalupe St. past Kingsbury St. Cross the rr tracks. The acreage is irregularly shaped & has a limited amount of frontage on the west side of N. Guadalupe St. between W. Seidemann & Mesquite St. Rio Nogales Dr., an unpaved & unnavigable street shown on the plat, extends along the west boundary.
The approximate monthly Principal & Interest payment for this property would be $8,480. This payment is based on a 30-year loan at a fixed rate of 4.10 % with a down payment of $195,000. Actual lender interest rates and loan programs may vary.
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