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$140,140

NAL Estimated Property Value

1844 County Road 266, Gustine, TX, 76455

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10.01 acres

Land Information

APN79682
Lot Number8
Land UseAgriculture / Farming
Legal DescriptionMYSTIC MOUNTAIN RANCH, LOT 8, ACRES 10.01
Census Tract950400
Assessed Land Value$140,140
Assessment Year2025

About this property

Discover 10 acres at Mystic Mountain Ranch, where Hill Country serenity meets modern comfort! Priced below assessed value, this property offers an exceptional opportunity to own a remarkable piece of land. Centrally located 2 hours from Dallas and Austin and only 25 minutes from Lake Proctor, it provides the perfect setting for your dream home or weekend retreat. Modern amenities include a gated community entrance, well-maintained county and private roads. Electricity and high-speed fiber-optic internet are also available. While part of the gated subdivision, this tract features its own private entrance directly off Hwy 1702, just 40 feet from the CR 266 merge. The community mailbox is located near the main gate, only a minute’s drive away. The well-shaped, partially fenced rectangular lot has been thoughtfully improved with multiple cleared homesites, some near the highway for convenience and others tucked deeper in for privacy and panoramic views. Mature trees provide shade and beautiful gathering spaces. Wildlife is abundant, with deer, turkey, and quail often seen throughout the property. The land sits on a major aquifer, confirmed by the Middle Trinity Groundwater Conservation District, ideal for drilling a reliable well. A developer-organized cattle grazing lease helps owners maintain a 1-D-1 agricultural tax exemption, with participation optional. The current property taxes are very reasonable. This growing subdivision features beautiful new homes and a welcoming rural community. Enjoy scenic views surrounded by rolling ranchland, pecan farms, dairies, vineyards, and wineries. The nearby towns of Comanche and Hamilton add both charm and convenience. Come see Mystic Mountain Ranch, peaceful, private, and ready for your vision!

Investor Tools

Property Icon
$140,140
Estimated Property Value
$74,764Estimated Mortgage Balance
$65,376Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$841 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$58/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$140,140
2025
$140,140
N/A
$140,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$140,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Llano National Bank
Purchase Money Mortgage
$75,000
No
First
Jan 14, 2026
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,764
$65,376
46%
53%
$512/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: Gustine

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1844 County Road 266 | Property Details | No Agent List