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$208,896

121 PR 2123 Road, Meridian, TX, 76665

Off MarketInfo
Baths0 Bath
Baths900 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Building Information

Year Built2009

Land Information

APNR30840
Lot Number40
Land UseAgriculture / Farming
Legal DescriptionCROSSBOW RANCH & WILDLIFE PRESERVE PHASE II LOT 40 (PT) HDQTRS
Assessed Land Value$49,385
Assessed Improvement Value$159,511
Assessment Year2025

About this property

Welcome to this enchanting hilltop corner lot in Crossbow Ranch where you can bow hunt trophy white-tailed deer, fish, shoot skeet and enjoy hilltop views all in the same day! This attractive corner lot is located atop one of the highest points in Crossbow Ranch affording you an incredible view of the Bosque County countryside. Equipped with deeded hunting rights, this enticing property affords you the ability to hunt on the 600 +- acre high-fenced hunting preserve. On the preserve, you'll have opportunity to hunt trophy white-tailed deer, axis deer, fallow deer and black buck. The white-tailed deer can only be hunted with archery equipment. In total, Crossbow Ranch encompasses approximately 1000 acres of high fenced property with 400+- acres being dedicated to residential lots, and 600+- acres attributed to the hunting preserve. As a Crossbow Ranch landowner, you can also enjoy perks such as the skeet range outfitted with a high house and low house, pistol range, rifle range, and clubhouse, as well as community ponds. Whether you're looking for a weekend getaway with incredible hunting opportunities or a place to build your forever home with an incredible view, this property has what you are looking for! - Hunting lot with deeded hunting rights - Access to 600 +- acre hunting preserve with trophy white-tailed deer, axis, fallow and black buck - Water meter and electric meter on property - Incredible hilltop views of the countryside - Convenient road frontage on 2 sides of the property - Full use of community skeet range, pistol range and long range rifle range - Access to community club house and walk in cooler

Investor Tools

Property Icon
$208,896
Estimated Property Value
$0Estimated Mortgage Balance
$208,896Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,253 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,488
$208,896
2025
$49,385
$159,511
$208,896
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,488
$208,896

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$208,896
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: Meridian

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121 PR 2123 Road | Property Details | No Agent List