




$1,750,000
16240 Cowan Rd, Moody, TX, 76557
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About this property
Located in Bell County near the upper end of Lake Belton, Wildlife Ridge is a 61.9+- acre property that offers a combination of residential improvements, recreational opportunities, and wildlife habitat. The property includes a custom Austin stone home, a large shop with utilities, and access to the Leon River through adjacent Corps of Engineers land. The home is positioned to provide views of the surrounding acreage while maintaining privacy from neighboring properties. A 40x50 shop on a concrete slab is located near the home and is equipped with electricity and a rainwater collection system. The combination of residential and utility improvements supports a variety of uses including agricultural operations, outdoor recreation, or rural living. The acreage includes a mix of open areas and wooded cover that create habitat for native wildlife. Deer, turkey, raccoons, and hogs are commonly observed on the property. A wildlife tax exemption keeps the property taxes at a very reasonable rate. The terrain supports hunting and outdoor recreational activities while also offering areas suitable for trail riding, hiking, or wildlife observation. One of the notable features of the property is access to the Leon River through neighboring Corps of Engineers land. This access provides additional opportunities for fishing, kayaking, and exploring the river corridor. Buyers should independently verify access rights and permitted uses with the appropriate authorities. The property is located approximately: 8 miles from Moody, 20 miles from Temple, 24 miles from Belton, 28 miles from Waco and 70 miles from Austin. This Bell County property may appeal to buyers seeking recreational land with residential improvements, hunting opportunities, and access to outdoor activities. The combination of acreage, wildlife habitat, utility improvements, and proximity to nearby towns supports a variety of potential uses. Owner financing is available.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Moody
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