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$975,000

NAL Estimated Property Value

0 CR 6, New Home, TX, 79383

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Discover a unique opportunity to own 240 acres of prime land in the highly sought-after New Home Independent School District, located in New Home, Texas, a community rich in agricultural history and vibrant local culture, just minutes from south Lubbock. This property is competitively priced and ideal for an excellent working cattle ranch, featuring fully fenced boundaries with sturdy pipe corners for efficiency and longevity of fence life. It includes a well-maintained set of pipe corrals designed for efficient cattle handling, along with two windmills and a cement water tank in the corrals to ensure ample water supply, complemented by two wells. With its vast acreage, this land offers numerous possibilities, whether you're looking to establish a working cattle ranch or create a recreational getaway. Seize the opportunity to build your dream ranch and enjoy the tranquility and beauty of rural living in this highly desirable area of Texas!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Home

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0 CR 6 | Property Details | No Agent List