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$750,000

145 County Road 7, Turkey, TX, 79261

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
price_per_sqft$375 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Exterior FeaturesNone

About this property

Kent Creek Homestead | 149± Acres | Hall County, Texas PROPERTY OVERVIEW Located southeast of Turkey, Texas, this 149± acre property offers an excellent combination of a newly constructed barndominium, large shop, two water wells, Kent Creek, CRP income, and diverse recreational country. Kent Creek winds through the northern portion of the property, creating a heavily wooded creek bottom with large mature trees, natural cover, and attractive changes in terrain. The balance of the property consists primarily of open country, including approximately 100± acres enrolled in the Conservation Reserve Program (CRP). Whether you're looking for a full-time country home, weekend getaway, hunting property, or recreational tract with established annual income, the Kent Creek Homestead offers a little bit of everything. Construction on the barndominium began in 2023. The home features 3 bedrooms and 2 bathrooms with a practical layout designed for country living. The property includes a 40' × 60' × 16' shop, providing plenty of room for equipment, ATVs, vehicles, storage, or ranch and recreational use. The shop features two large overhead doors, with one electric-operated door and one manual door. Electrical service has been installed to portions of the shop. Water is a major feature of the Kent Creek Homestead. The property has two water wells, providing established groundwater sources on the acreage. One well provides water to the Barndo and the other is in place to assist with keeping the pond filled. Water well condition, production, water quality, groundwater availability, and the presence or duration of water within Kent Creek should be independently verified by prospective buyers. CRP Acres: 100± acres Payment: Approximately $32 per acre annually Estimated Annual Income: Approximately $3,200 Contract Expiration: 2031 Actual enrolled acreage, annual payments, contract terms, and expiration should be independently verified through applicable FSA records. Approximate driving distances from the property: Turkey, Texas: 7± miles Quitaque, Texas: 16± miles Childress, Texas: 43± miles Memphis, Texas: 43± miles Plainview, Texas: 70± miles Amarillo, Texas: 107± miles Lubbock, Texas: 108± miles All distances are approximate and may vary depending on route. HOSPITALS & MEDICAL CARE Childress Regional Medical Center - Childress, Texas Approximately 43± miles from the property. Additional major medical facilities and specialty care are available in Plainview, Amarillo, and Lubbock. AIRPORTS Childress Municipal Airport (KCDS) - Childress, Texas Approximately 40-45± miles from the property and provides general aviation access. Rick Husband Amarillo International Airport (AMA) - Amarillo, Texas Approximately 105-110± miles from the property and provides scheduled commercial airline service. Lubbock Preston Smith International Airport (LBB) - Lubbock, Texas Approximately 105-110± miles from the property and provides scheduled commercial airline service. SCHOOL DISTRICT Valley Independent School District BROKER DISCLOSURE All information contained herein is deemed reliable but not guaranteed and should be independently verified by prospective buyers. Property boundaries, acreage, utilities, water availability, water wells, groundwater, wildlife, improvements, CRP acreage and payments, and other property information are approximate and subject to verification. Broker makes no warranties or representations regarding the condition of the property. Buyer and/or buyer's agent are responsible for all due diligence prior to purchase.

Investor Tools

$0Estimated Mortgage Balance
$750,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Cayson George

Western Heritage Realty/Invest

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Financing Details

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

City: Turkey

145 County Road 7 | Property Details | No Agent List