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$409,900

1176 Blue Cut Road, McGregor, TX, 76657

On MarketInfo
Just AddedInfo

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Electric Range, Vented Exhaust Fan, Water Heater, Some Electric Appliances
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesPorch
Lot Size1 acre

Land Information

APN380286000016024
SubdivisionDrake James
Land UseAgriculture / Farming
Legal DescriptionDRAKE JAMES ACRES 1.0, LAND ACCT, MH ONLY ON PID: 374674 LAND ACCT, MH ONLY ON PID: 374674
Census Tract003802
Assessed Land Value$16,190
Assessed Improvement Value$530
Assessment Year2025

About this property

Enjoy country living sitting on approx 17 acres on this well equipped ranch property featuring a 2014 single wide manufactured home. The roof was replaced March 2025, new AC was replaced June 2023 and the water heater was replaced approx 3 years ago. This beautiful large open land with water has everything needed for livestock, horses, and equipment storage. The property is fully fenced and offers beautiful open pastureland with scenic meadows, making it ideal for agricultural use or a private homestead. Horse enthusiasts will appreciate the horse arena with four LED arena lights, multiple stalls including four standard stalls and one oversized stall, plus an 8 X 40 shipping container converted into a functional feed barn complete with built-in saddle racks and horse bridle hooks. The property also includes a spacious shop with electricity, 220 service, and 110 outlets, along with an additional outbuilding equipped with 220 electrical service and 110 plugs for added flexibility. RV owners will appreciate the covered RV parking with a 30 amp hookup. Additional features include: Large stock tank located toward the back of the property Main security yard light in front of the home Ag exemption currently in place Livestock ready setup currently supporting cows, horses, and goats This versatile property combines functionality, open space, and rural charm — perfect for ranching, recreation, or peaceful country living.

Investor Tools

$0Estimated Mortgage Balance
$16,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,459 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Elizabeth Bays

Axio Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$28/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$252
$16,720
2025
$16,190
$530
$16,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$252
$16,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$16,720
100%
0%
$0/mo

City: McGregor

1176 Blue Cut Road | Property Details | No Agent List