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$2,290,000

14003 Fm 1954, Wichita Falls, TX, 76310

$2,800,000 ARVInfo
PendingInfo
Beds6 Beds
Baths6 Bath
Baths4,000 Sq Ft
FarmFarm
price_per_sqft$572.5 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
AppliancesWater Purifier, Dishwasher, Dryer, Electric Oven, Electric Range, Ice Maker, Refrigerator, Tankless Water Heater, Washer
FlooringWood

Building Information

Year Built1990
Garage Spaces3

Land Information

APN14609
Land UseResidential
Legal DescriptionH&TC RR CO A-896* (W H INGALLS) ARENA & BARNS
Census Tract020100
Assessed Improvement Value$434,470
Assessment Year2025

About this property

The Over Forty Ranch is a premier 160 acre equestrian and cattle property located just 4 miles south of Wichita Falls. Designed and operated as a large-scale horse breeding and training facility and is fully equipped for both equestrian and cattle operations. The 4,000 sq. ft. main home completely remodeled and features two master suites with walk-in closets, spray foam insulation, two living areas including one with a custom bar and icemaker, a spacious kitchen with walk-in pantry and three ovens, a brick gas fireplace, and a heated and air conditioned dog room. Three covered parking spaces, an insulated garage with three oversized bays for dually pickups, and additional storage above. Guest house and office include a one-bedroom, one-bath guest house, a three-bedroom, two-bath guest house, and a separate office with kitchenette and full bath, along with additional covered parking. Equestrian facilities include a 125 x 125 covered arena with insulated roof, 16 stalls, a vet room, wash rack with breeding stocks, an efficiency apartment, two tack rooms, and automatic waterers in the barn and pastures. Fencing consists of horse-friendly V-mesh wire and pipe, and shelters are located in the pastures. Infrastructure includes barns for hay, tools, and equipment, bulk grain silos, overhead feed bins, and oversized covered parking for trailers and ranch equipment. Cattle facilities are designed for efficient handling with pipe pens, a hydraulic squeeze chute, tub, and loading chute. The land consists of 160 acres cross-fenced into eight pastures planted in Coastal Bermuda and other improved grasses, with five stock ponds and a city water meter supplying ranch with water. Beyond its equestrian and cattle functionality, the ranch offers excellent development potential, with highway frontage between FM 1954 and Parker Road suitable for subdivision into home sites. This property represents a rare combination of legacy, lifestyle, and investment opportunity near Wichita Falls.

Investor Tools

Property Icon
$521,000
Estimated Property Value
$0Estimated Mortgage Balance
$521,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,800,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,740 /month
Positive
Cash Flow Estimate:
$4,580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,899
$434,470
2025
N/A
$434,470
$434,470
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,899
$434,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$478,000
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: Wichita Falls

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14003 Fm 1954 | Property Details | No Agent List