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$2,600,000

1950 County Road 299, Gatesville, TX, 76528

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,968 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Water Heater, Cooktop
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size229.33 acres

Building Information

Year Built1980
Roof Type105
Garage Spaces2

Land Information

APN0-02-21-0500
Land UseResidential
Legal Description0008 A AROCHA, ACRES 229.33
Census Tract010300
Assessed Land Value$38,270
Assessed Improvement Value$200,300
Assessment Year2025

About this property

This exceptional 229.33+/- acre ranch offers approximately 2,600 feet of scenic Leon River frontage and is conveniently located just 6 miles from downtown Gatesville. Combining agricultural potential with outstanding recreational appeal, this property presents a rare opportunity to enjoy the best of country living. The ranch features a 1,520 sq ft, three-bedroom, two-bath home with a two-car garage, ready for updates to suit your personal vision. Additional improvements include a 1,400 sq ft shop with electricity and a covered work area, a large hay barn, a second hay barn with grain storage, and an additional covered storage barn. Water resources include a well (in need of repair), co-op water service, five tanks providing ample surface water, and direct river access. Approximately 80 acres of improved pasture are fenced and cross-fenced, making the property well-suited for livestock operations. The ranch’s diverse terrain and excellent cover support year-round recreation and hunting, with abundant wildlife including deer, dove, turkey, hogs, and ducks. Fishing opportunities are plentiful in both the tanks and along the river. The property spans both sides of the county road, and the owner is willing to divide, offering added flexibility for buyers. Experience the peace and beauty of country living—schedule your private tour today to truly appreciate all this remarkable ranch has to offer.

Investor Tools

$0Estimated Mortgage Balance
$329,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

Interested in this property?

Alisa Gregory

Gold Key Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$640
$238,570
2025
$38,270
$200,300
$1,864,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$640
$238,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$329,000
100%
0%
$0/mo

City: Gatesville

1950 County Road 299 | Property Details | No Agent List