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Days203Days on Market
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$1,495,000

1035 Wavra Lane, New Ulm, TX, 78950

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,770 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$844.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range

Exterior

Lot Size45.80 acres

Building Information

Year Built2014
Garage Spaces2

Land Information

APN2037003900000
SubdivisionA-370 H Krey & A-75 B Beimer
Land UseAgriculture / Farming
Legal DescriptionA-370 H KREY & A-75 B BEIMER 45.80 AC HOUSE & BLDGS
Census Tract750400
Assessed Land Value$1,053,400
Assessed Improvement Value$343,800
Assessment Year2025

About this property

Discover the Wild Turkey Ranch — 45± peaceful acres just minutes from the charming town of New Ulm and only 20 miles from the Round Top Antiques Fair! This beautiful property features an open-concept 3-bedroom, 2-bath main home, an attached garage, and a versatile shop that includes 400 sq. ft. of additional finished living space—ideal for a man cave or hobby room with the addition of a mini-split. An RV hookup is also located on the property, offering added convenience for guests or extended stays. The land is a nature lover’s dream with a wildlife exemption, abundant deer, and wild turkeys that frequently roam the property. The spring-fed Redgate Creek runs through the property, adding serene views and a tranquil atmosphere. Whether you're seeking a weekend retreat, full-time residence, or recreational escape, this property offers it all.

Investor Tools

Property Icon
$1,397,200
Estimated Property Value
$0Estimated Mortgage Balance
$966,405Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

Interested in this property?

Darrell Pfeffer

1851 Properties, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,601
$1,397,200
2025
$1,053,400
$343,800
$1,397,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,601
$1,397,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Commercial
$471,750
No
First
Oct 28, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,795
$966,405
69%
31%
$2,829/mo

Learn About the Market: Opportunity in Texas

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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: New Ulm

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1035 Wavra Lane | Property Details | No Agent List