Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days13Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$350,000

15400 County Road I, Shamrock, TX, 79079

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,078 Sq Ft
RanchRanch

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size2 acres

Building Information

Year Built1930

Land Information

APN1087
Land UseAgriculture / Farming
Legal DescriptionAB 255 BLK 16 SEC 29 PT NW/4
Census Tract950300
Assessed Land Value$6,000
Assessed Improvement Value$68,950
Assessment Year2025

About this property

Approximately 140 acres offering an exceptional combination of productive agricultural land, grazing, hunting, recreation, and country living in western Collingsworth County. The property features a diverse blend of cultivated acreage, established improved grasses, and native rangeland, together with two scenic seasonal creek systems that wind through the property beneath mature cottonwoods and native hardwoods. Rolling terrain, colorful red bluffs, exposed rock outcroppings, and impressive long-range views of the surrounding mesas create a landscape that is both productive and visually striking. Excellent wildlife habitat is provided by the creek bottoms, native grasses, and thick natural cover that create outstanding travel corridors for whitetail deer, feral hogs, quail....see mor dove, and other native wildlife. Whether your interests include hunting, livestock, recreation, or simply enjoying the outdoors, this property offers a unique combination of opportunities. Improvements include a classic Texas four-bedroom, two-bath farmhouse with an attached two-car garage, mature shade trees surrounding the homesite, a boxcar for storage, Red River Authority rural water service, Greenlight Gas, Greenbelt Electric Cooperative service, and a domestic water well suitable for lawn irrigation, livestock, vehicles, or equipment. The mature trees surrounding the home provide shade, privacy, and a peaceful country setting that is becoming increasingly difficult to find. Whether you're looking for a full-time residence, weekend retreat, short-term rental investment, hunting property, livestock operation, or long-term investment, this property offers exceptional versatility. The property enjoys excellent accessibility with frontage along FM 1036 and County Road I along the northern boundary and County Road 110 forming the western boundary. The combination of productive agricultural acreage, scenic topography, quality wildlife habitat, existing improvements, and convenient access makes this a property that is increasingly difficult to duplicate in today's market. LEGAL DESCRIPTION: Tract I: Eighty acres, being the West one-half (W/2) of the Northeast one-fourth (NE/4) of Section No. Twenty-nine (29), in Block No. Sixteen (16), of the H&GN Ry Co Survey, Collingsworth County, Texas; Certificate 6/1113, Patent 439 Vol. 71, dated October 13. 1882. Tract II: Ten (10) acres, more or less, being the South Ten acres of a certain 110 acre tract out of Section No. Twenty-nine (29), Block No. sixteen (16), which 110 acre tract is described as all of the East one-half (E/2) of the Northwest one- fourth (NW/4) and all of the East thirty (30) acres of the West one half (W/2) of the Northwest one-fourth (NW/4) of Section Number Twenty-nine (29) in block No. Sixteen (16) of the H&GN Ry Co Survey, Collingsworth County, Texas; certificate 6/1113, Patent 439 Vol. 71, dated October 13, 1882. Tract III: All of the West fifty (50), acres of the Northwest one-fourth (NW/4) of Section No. Twenty-nine (29), Block No. Sixteen (16) of the H&GN Ry Co Survey, Collingsworth County, Texas. HOMESITE: Mature shade trees surround the farmhouse, providing privacy and a classic country setting. IMPROVEMENTS: Older Farmhouse with two car garage, boxcar, Red River Authority Water, Greenlight Gas, Greenbelt Electric and Water Well. PERSONAL PROPERTY: All appliances currently located on the property will convey with the sale. Certain furniture and furnishings may be available for purchase under a separate agreement. Any and all other personal property is excluded from the sale. Feed troughs belong to the neighbor and do not convey. FENCES: Perimeter fences are in generally fair condition. Existing cross-fencing is limited. Additional cross-fencing could enhance rotational grazing management. MINERALS & MINERAL RIGHTS: Subject to previous reservations of record. Any mineral interest owned by Seller, if any, will be conveyed. WIND RIGHTS: All wind rights owned by Seller will be conveyed. SOLAR RIGHTS: All solar rights owned by Seller will be conveyed. WATER RIGHTS: All water rights owned by Seller will be conveyed. WATER CONSERVATION DISTRICT: Mesquite Groundwater Conservation District IRRIGATION WELLS: None. SURFACE WATER: None DOMESTIC WATER WELLS: One working water well. RURAL WATER: Red River Authority line. Buyer to verify all utility specifications and availability. ELECTRIC: Greenbelt Electric Cooperative service. Buyer to verify availability, capacity, and specifications. GAS: Greenlight Gas. Buyer to verify availability, capacity, and specifications. SOILS: Clay. Buyers should conduct their own due diligence regarding soils, productivity, suitability for intended use, and any other soil characteristics important to their intended use of the property. TOPOGRAPHY: Rolling terrain with approximately 70 feet of elevation change from the northern portion of the property to the seasonal creek bottoms. Scenic red bluffs, exposed rock outcroppings, mature tree-lined creek bottoms, and long-range views of the surrounding mesas create an attractive setting for recreation, hunting, livestock, and country living. FSA BASE ACREAGE & YIELDS: Wheat Base of 44.00 acres with PLC Yield of 27, Seed Cotton Base of 19.60 acres with PLC Yield of 3,231 and Unassigned Generic Base of 4.90 acres. ZONING: Agricultural. Located outside of any municipality. EASEMENTS & RIGHTS-OF-WAY: There are no known easements or rights-of-way that materially interfere with the current operation of the property. The Commitment for Title Insurance will identify all existing easements and rights-of-way. SCHOOL DISTRICT: Wellington ISD TAXING DISTRICTS: Taxes for 2025 were $1,775.55 with an Agricultural Value Exemption. HUNTING LEASE: Through December 31, 2027 with Douglas Coleman, Jr for 138 acres. GRAZING LEASE: Through December 31, 2027 with Douglas Coleman, Jr for 138 acres. POSSESSION: Upon Closing and Funding on home and 2 acres. 138 acres January 1, 2028 unless tenant and all parties agree to earlier date. ACCESS: Accessible from the main entrance on County Road I, just off of FM 1036, both of which run along the northern boundary. County Road 110, forms the western boundary. DIRECTIONS: From the intersection of FM 338 (15th St) and US Hwy 83 in Wellington, go north on US Highway 83 for approximately 14.4 miles to FM 1036, then travel west on FM 1036 for approximately 5.9 miles, then 0.1 mile west on County Road I, to the entrance on the south side of the highway. PROXIMITY TO: Summerwood (4 miles), Shamrock (18 miles), Wellington (20 miles), McLean (27 miles), Wheeler (34 miles), Memphis (35 miles), Mobeetie (46 miles), Clarendon (48 miles), Childress (51 miles), Pampa (64 miles), Elk City, Oklahoma (70 miles), Turkey (72 miles), Altus, Oklahoma (80 miles), Amarillo (100 miles), Wichita Falls (159 miles, Lubbock (173 miles), Oklahoma City (182 miles), Abilene (203 miles), and the Dallas/Fort Worth Metroplex (279 miles). NO TRESPASSING. All showings are by appointment only and must be coordinated through the Listing Broker or a licensed real estate agent authorized by the Listing Broker. As with any Exclusive Listing Agreement, the owners will not negotiate directly with prospective buyers. Please direct all inquiries to the Listing Broker and do not contact the owners directly. This property is not for rent, not for lease, and owner financing is not available.

Investor Tools

Property Icon
$74,950
Estimated Property Value
$0Estimated Mortgage Balance
$74,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Chad Holland

Chad Holland Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,495
$74,950
2025
$6,000
$68,950
$74,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,495
$74,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$74,950
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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: Shamrock

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

15400 County Road I | Property Details | No Agent List