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Days183Days on Market
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$899,000

172 Pr 2361, Meridian, TX, 76665

$1,168,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
FarmFarm
price_per_sqft$486.47 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher

Exterior

Exterior FeaturesKennel, Private Entrance, Private Yard, RV Hookup, Storage
Lot Size1 acre

Building Information

Year Built1978

Land Information

APNR19710
Land UseResidential
Legal DescriptionABST A0594 MCDANIEL, L T HDQTRS
Assessed Land Value$8,243
Assessed Improvement Value$183,126
Assessment Year2025

About this property

This ag exempt offering includes a well maintained 3 bedroom 2 bath ranch style home situated on 30 plus or minus acres to be cut from the larger 116 acre parent tract currently offered under MLS listing number 20833448. Located in the heart of Bosque County, this property combines comfortable country living with functional ranch amenities and productive land. The residence features an open floor plan, vaulted ceilings, and quality finishes designed for everyday ranch life. Spacious living areas provide natural light and views of the surrounding pastureland, creating a practical and welcoming home environment. Property amenities include a 40 by 50 drive through covered carport ideal for equipment, trailers, or RV storage, along with additional ranch improvements that support agricultural and livestock operations. The land consists of gently rolling pasture with scattered hardwoods including live oak, offering an excellent balance of open grazing and shaded areas. The acreage lays well and is well suited for livestock, horses, or continued agricultural production, making it ideal for agricultural income or personal ranch use. Set in a quiet rural setting with minimal surrounding development, this property offers privacy and space while remaining within convenient driving distance to Meridian, Glen Rose, and surrounding Central Texas communities. A rare opportunity to own a move in ready home with acreage and infrastructure derived from an established Bosque County ranch. Ideal for a full time home, weekend escape, or long term investment, this property accommodates horses or cattle and delivers the true ranch lifestyle Bosque County is known for. Productive ag exempt land with gently rolling pasture, mature live oak trees for shade, and usable terrain that supports livestock, recreation, and long term land value in a sought after Bosque County location.

Investor Tools

Property Icon
$734,000
Estimated Property Value
$0Estimated Mortgage Balance
$734,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,168,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

EXP Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$764
$191,369
2025
$8,243
$183,126
$191,369
No

Tax History

Year
Tax Paid
Assessed Value
2025
$764
$191,369

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$559,000
100%
0%
$0/mo

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: Meridian

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172 Pr 2361 | Property Details | No Agent List