Rare opportunity to own unrestricted land on the Reedy River less than 2 miles from downtown Travelers Rest and under 1 mile from the Swamp Rabbit Trail. This wooded and secluded 5. 5± acre offering features flat to gently sloping topography with multiple potential build sites, making it ideal for a private estate, custom home, family compound, or weekend retreat. The seller owns the full contiguous 11+ acre parcel, and additional acreage is available for buyers seeking a larger tract. Enjoy river frontage, privacy, and a natural setting while remaining just minutes from restaurants, shopping, and outdoor recreation in Travelers Rest. Property is unrestricted with no HOA. Well water and septic are recommended. Power and internet are readily available at the road. Build what you want and enjoy the flexibility that unrestricted land this close to Travelers Rest rarely offers. Agent owned.
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Our Executive Mortgage Banker:
$249,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $199,600 | $199,600 | $199,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,195 | $1,260 | $1,658 |
| Total Monthly Payment | $1,270 | $1,335 | $1,733 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.