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$583,000

1595 CR 131, Rising Star, TX, 76471

On MarketInfo
Baths0 Bath
RanchRanch
Year BuiltBuilt in 2023

About this property

29.8 acres consisting of 2 tracts (Tract 8 with home and barn, Tract 7 with grass). Property can be sold in combinations of two tracts or separated. Tract 8 is 13 acres, Tract 7 is 16.8 acres. Water wells on each tract and has irrigation system not in use. The natural ground for the entire 29 acres is excellent for riding and vegetation. Excess plowed ground for riding and exercising horses. New manufactured home, 3 bd, 2 bth, office area, open concept, modern amenities. Horse barn with 4 runs, 2 containers for tack & feed. Holding pens for cattle and roping arena.A One hour to Abilene, Stephenville, or Circle T in Hamilton. One and half hours to Fort Worth.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

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Danny Armstrong

ARMSTRONG REAL ESTATE

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Financing Details

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

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: Rising Star

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1595 CR 131 | Property Details | No Agent List