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$822,000

11918 Riek Rd, Krum, TX, 76249

$1,068,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,763 Sq Ft
FarmFarm
price_per_sqft$904.45 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Other
FlooringStamped, Tile, Wood

Exterior

Exterior FeaturesDock, Dog Run, Fire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Storage, Other, Outdoor Grill
Lot Size19.74 acres

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces6

Land Information

APNR220060
SubdivisionBbb & Crr
Land UseAgriculture / Farming
Legal DescriptionA0169A BBB & CRR, TR 9, 19.736 ACRES
Census Tract020206
Assessment Year2025

About this property

Exceptional 19+ acre AG-exempt estate in Denton County offering a rare blend of luxury living, privacy, and a fully functional ranch setup. Ideal for buyers seeking a working cattle or livestock property, multi-use estate, or peaceful country retreat with modern systems already in place. The custom-built rock home features 3 bedrooms and 2 bathrooms with vaulted ceilings, exposed wood beams, hand-scraped hardwood floors, bay windows, and a striking stone fireplace. The open-concept kitchen is designed for everyday living and entertaining with granite countertops, custom cabinetry, a propane range, and an oversized walk-in pantry. Large windows capture scenic views of mature trees, native grasses, and wide-open pasture. The primary suite offers a private retreat with a spa-like bath, including a soaking tub, walk-in shower, dual vanities, and a boutique-style closet with extensive built-ins. Two additional bedrooms share a Jack-and-Jill bath with generous closet space and classic shutters. Outdoor living is highlighted by expansive stamped-concrete porches, custom lighting, and peaceful views of the land. A stocked tank with powered dock provides space for relaxation and recreation. A standout feature is the approximately 6,000-square-foot workshop with multiple roll-up doors, loading dock, 3-phase electricity, 50-amp service, dedicated HVAC, and air compressor. The attached, fully furnished apartment is ideal for guests, rental income, multi-generational living, or a ranch hand residence. Additional improvements include a deep well with 2,500-gallon holding tank, 7-zone sprinkler system, spray-foam insulation, tankless water heater, updated HVAC units, propane stove and fireplace, whole-property generator, and security system with cameras. Pens, corrals, fencing, and working areas support cattle operations while maintaining the AG exemption.

Investor Tools

Property Icon
$822,000
Estimated Property Value
$0Estimated Mortgage Balance
$822,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,994 /month
Positive
Cash Flow Estimate:
$4,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,706
$685,996
2025
N/A
N/A
$1,263,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,706
$685,996

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$822,000
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: Krum

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11918 Riek Rd | Property Details | No Agent List