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$625,000

1121 County Road 481, Alice, TX, 78332

On MarketInfo

About this property

El Rayo Ranch 124 acres – Jim Wells County Conveniently located just 5 miles south of Alice and 1 mile north of Ben Bolt, Rayo Ranch offers 124 acres of versatile South Texas land with a prime location and exceptional potential. With 663 feet of frontage on Highway 281 and 1,556 feet along County Road 48, this property combines accessibility, productivity, and recreational appeal. Approximately 50 acres of mature native brush provide excellent cover for wildlife, while the remaining acreage is productive farmland, currently planted in sesame. The fine sandy loam soils are well-suited for a variety of crops or improved pasture. The ranch is unimproved but equipped with power on site, an established water well with a submersible pump, and a solid road system throughout. There is no floodplain and no restrictions, giving a new owner full flexibility for agricultural, recreational, or commercial use. Wildlife is abundant, including deer, dove, hogs, and varmints—making it a great hunting property or weekend getaway. Its location on Highway 281 near town, combined with low agricultural taxes, also makes it ideal for potential residential or commercial development. Whether you’re looking for a productive farm, a recreational retreat, or an investment with growth potential, Rayo Ranch checks every box. Financial: $625,000 or $5,041 /acre. Seller to provide current survey and Standard Title Policy. Property is currently leased to a reputable farm tenant providing lease income. NOTE: No current access from Hwy-281 due to abandoned railroad right-of-way ...

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$0Estimated Mortgage Balance
$625,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

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

City: Alice

1121 County Road 481 | Property Details | No Agent List