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$1,975,000

NAL Estimated Property Value

1618 County Road 2480, Iredell, TX, 76457

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,492 Sq Ft
price_per_sqft$800.56 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2

Exterior

Exterior FeaturesGarden
Lot Size1 acre

Building Information

Year Built1999
Garage Spaces3

Land Information

APNR26712
Land UseResidential
Legal DescriptionABST A0675 RIDDLE, W M HDQTRS
Census Tract950100
Assessed Land Value$10,995
Assessed Improvement Value$350,734
Assessment Year2025

About this property

Goose Lake Ranch is a turnkey recreational property located just 10 minutes outside of Hico, Texas, centered around a stunning 10 acre lake stocked with trophy largemouth bass, catfish, perch, and bluegill. Ducks and geese inhabit the lake year-round, and the surrounding habitat supports whitetail deer, Rio Grande turkey, feral hogs, bobcats, and a wide variety of native bird species. With no hunting pressure on the ranch, wildlife is abundant and visible throughout the day. The land features a mature mix of live oaks, burr oaks, cedar elms, sycamores, pecans, red oaks, and willows, providing outstanding habitat diversity and natural beauty. A decorative pond just off the back porch draws deer, ducks, and geese directly into the backyard. Improvements include a well-maintained 2,492 sq ft home with 3 bedrooms, 2 bathrooms, and an open-concept layout with large windows overlooking the lake and wildlife. A large shop with a pizza oven sits adjacent to the main home. Conveniently located approximately 2 hours from Austin, 1 hour 45 minutes from Dallas, and 1 hour 15 minutes from Fort Worth. Properties with lake acreage of this caliber are rarely found at this price point. Goose Lake Ranch is an exceptional opportunity for fishing, hunting, waterfowl, or full-time country living.

Investor Tools

Property Icon
$1,975,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,975,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$949/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,509
$361,729
2025
$10,995
$350,734
$361,729
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,509
$361,729

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,975,000
100%
0%
$0/mo

City: Iredell

1618 County Road 2480 | Property Details | No Agent List