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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

$430,795Estimated Mortgage Balance
$966,405Estimated Equity
69% 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

City: New Ulm