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$6,000,000

1210A County Road 232, Collinsville, TX, 76233

$7,495,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,795 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2,146.69 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringWood

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters

About this property

Red Hill Ranch is a turnkey 230± acre retreat within convenient reach of Dallas, Southlake, Westlake, Argyle & Fort Worth - offering the rare opportunity to own substantial acreage this close to the Metroplex. A property meant to be enjoyed & stewarded for years to come, the ranch combines accessibility, privacy, and natural beauty in a setting defined by elevation, water & mature hardwoods. Close enough for frequent use yet private enough to feel removed from the pace of the city, this is the ranch where you can leave the office at 3:30 & drive through your ranch gate by 4:30 on a Friday. The well-maintained residence sits on one of the higher points of the ranch offering panoramic views & a comfortable environment for weekends or extended stays. There is an additional prime building location at an even higher point for another residence. The 6,000± square-foot steel barn, perimeter & cross-fencing, working pens, & ag exemption create a property that is functional from day one. This ranch offers rare topography for a region known for open, flat terrain. With approximately 110’ of elevation change, the terrain moves naturally from mature hardwood groves & improved pasture to prominent high points with long-range views. Surface water includes 4 ponds, the largest over 3 acres & stocked, & several seasonal creeks. The ranch also borders Corps of Engineers land connecting directly to Lake Ray Roberts, creating an expanded wildlife corridor with healthy populations of whitetail deer, turkey, hogs, duck & dove. The balance of topography, water, pasture & hardwoods creates a ranch that lives larger than many properties twice its size. In addition to immediate enjoyment, the property holds long-term strategic value. With approximately 1.75 miles of county road frontage and access to county water, Red Hill Ranch offers flexibility as growth continues moving north. MUST SEE VIDEO! *Inquire how this property could provide up to $1.65M in potential tax benefits.*

Investor Tools

$0Estimated Mortgage Balance
$6,000,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$7,495,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$36,000 /month
Positive
Cash Flow Estimate:
$12,000 /month

Interested in this property?

Ashton Theiss

The Ashton Agency

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Financing Details

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

City: Collinsville

1210A County Road 232 | Property Details | No Agent List