Updated Dec 21, 2023
Banyan Residential Acquires Development Site In Pflugerville, TX
2601 Crystal Bend Drive, Pflugerville, TX 78660
Building Size
—
Asset Type
Development Site
Closing
Jan 13, 2022
About this deal
AI
A development site located at 2601 Crystal Bend Dr in Pflugerville, TX has been sold. The property spans an area of approximately 34.4 acres. The transaction took place on 01/13/2022.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: N/A
- Address: 2601 Crystal Bend Dr
- Market: Pflugerville, TX
- Acres: 34.4
The buyer of the development site is Banyan Residential, represented by Ryan Seeley.
Traded’s record for 2601 Crystal Bend Drive, Pflugerville, TX 78660 in Pflugerville, Texas covers a development site sale from 2022. 2601 Crystal Bend Drive, Pflugerville, TX 78660 is classified as Development Site on Traded. This page is the Pflugerville, Texas file for the 2601 Crystal Bend Drive, Pflugerville, TX 78660 development site sold: pricing, party profiles, and other closed development site comps from the same Pflugerville sit in the Market section below. Filter that Pflugerville development site set by closing date to see what else sold near 2601 Crystal Bend Drive, Pflugerville, TX 78660 around 2022. Cite this Banyan Residential Acquires Development Site In Pflugerville, TX sale when underwriting similar development site product around Pflugerville, Texas.
Players
Pflugerville Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93