Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days61Days on Market
Views10view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$5,490,000

10250 E Fm 501, San Saba, TX, 76877

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,766 Sq Ft
price_per_sqft$3,108.72 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range, Microwave, Refrigerator

Exterior

Lot Size1 acre

Building Information

Year Built1940

Land Information

APN1204
Land UseFarm & Ranch Improved
Legal DescriptionFISHER & MILLER ABST 334 SURV 353 1.000 AC
Census Tract950200
Assessed Land Value$5,500
Assessed Improvement Value$248,270
Assessment Year2025

About this property

488+/- acre live water ranch located along FM 501 in southeastern San Saba County, featuring approximately 3,775 feet of Cherokee Creek with both sides of the creek owned. This spring-fed water source, combined with over a mile of road frontage, makes this property a rare offering in today’s market. The land offers rolling terrain with elevations ranging from approximately 1,251’ to 1,455’, providing scenic views, privacy, and a diverse mix of native habitat that supports wildlife and recreational use. Mature hardwoods, including large pecan trees along the creek, enhance both the beauty and usability of the property. Improvements include a 1,766 SF main residence (4-bed/3-bath), a bunkhouse-style guest space, two barns (approx. 1,800 SF each), and additional sheds and covered structures, offering immediate functionality for ranching, recreation, or weekend use. This property presents a compelling long-term investment opportunity, combining live water, accessibility, and scale; three of the most sought-after attributes in the Texas land market. Ideal for hunting, livestock, or a private retreat, with room for future improvements or income-producing potential. Conveniently located approximately 25 minutes to San Saba, 15 minutes to Llano, 1 hour to Fredericksburg, and 1.5 hours to Austin. Also within close proximity to Colorado Bend State Park and Lake Buchanan. Whether you're seeking a recreational ranch, operational property, or legacy investment, this is a rare opportunity to own a well-balanced piece of Texas land. Contact us today to schedule a private tour of this exceptional San Saba County ranch.

Investor Tools

$0Estimated Mortgage Balance
$253,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$32,940 /month
Positive
Cash Flow Estimate:
$10,980 /month

Interested in this property?

Justin Cop

Fredericksburg Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,144
$253,770
2025
$5,500
$248,270
$253,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,144
$253,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,770
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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: San Saba

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...