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$368,000

NAL Estimated Property Value

0 State Highway 70, Other, TX, 79234

Off MarketInfo

About this property

Kay Clay Ranch is an incredible 320 acre panhandle ranch for sale in northern Motley county Texas. Approximately 7 miles south east from Turkey, Texas, this sandy oasis is situated just 250 miles from the Dallas-Fort Worth metroplex and 100 miles from Amarillo and Lubbock. This sportsman's paradise has free range mule deer, whitetail, quail, dove, and hog hunting. The unique terrain is great for recreation such as horseback riding and off-roading. Adjoined by two large ranches on the East and North, this ranch provides incredible privacy and seclusion. Turkey Ranch has a full perimeter fence, and cross fencing, for cattle production. This property is enrolled in the Conservation Reserve Program which pays on a yearly basis at approximately $33,000, with the last payment in 2022. The CRP program does not affect any type of hunting on the property, but allows for a great return on investment for any use.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$0Estimated Mortgage Balance
$368,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

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

City: Other

0 State Highway 70 | Property Details | No Agent List