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$734,415

112 Hill Ranch Rd, Celeste, TX, 75423

On MarketInfo
Baths0 Bath
Baths2,112 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1998

About this property

This 44.51-acre property in Hunt County, Texas offers open space, water features, and convenient rural access. Located on a quiet dead-end road with approximately 600 feet of frontage, it provides privacy while remaining close to major routes and nearby towns. The land includes two bass ponds and a seasonal creek, contributing to both its appearance and functionality. These features support agricultural use and attract local wildlife. The combination of surface water, open pasture, and gentle terrain allows for a range of agricultural and recreational applications. A partial perimeter fence outlines the property, providing structure and flexibility for additional improvements. Electric service and rural water are available on-site, reducing the need for future infrastructure investment. A storage shed adds utility for equipment or material storage. Access is via a private road with limited traffic. The property holds an active agricultural exemption, offering potential property tax savings while supporting continued agricultural production. Open areas and water availability make it suitable for livestock, hay production, or hobby farming. The location provides convenient access to nearby communities including Celeste, Wolfe City, and Leonard. Highway 69 is easily accessible for travel to Commerce, Greenville, Bonham, and Whitewright, all within about 30 minutes. The property is also approximately 30 minutes from the site of the future Lake Ralph Hall. The combination of utilities, water features, and accessible road frontage makes this property suitable for multiple rural uses, including agricultural operations, recreational activities, or residential development. The manageable acreage and established access make it an appealing option for those seeking land ownership in a growing area of North Texas.

Investor Tools

$0Estimated Mortgage Balance
$316,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,406 /month
Positive
Cash Flow Estimate:
$1,469 /month

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Corey Baumann

Whitetail Properties Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$217
$46,400
2025
N/A
$46,400
$46,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$217
$46,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$316,000
100%
0%
$0/mo

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: Celeste

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112 Hill Ranch Rd | Property Details | No Agent List