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Days23Days on Market
Views1view
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$3,000,000

196 Story Road, Perrin, TX, 76486

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,888 Sq Ft
FarmFarm
price_per_sqft$1,588.98 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesRefrigerator, Water Purifier, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Tankless Water Heater
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Balcony, Rain Gutters, Lighting, Private Entrance, Private Yard, Rain Barrel/Cistern(s), RV Hookup, Storage
Lot Size59.94 acres

Building Information

Year Built2022
Garage Spaces11

Land Information

APN9163
Land UseAgriculture / Farming
Legal DescriptionAB 2132 L M SINGLETON
Census Tract950500
Assessment Year2025

About this property

Experience the perfect blend of luxury and country living on nearly 135 AG-exempt acres! Designed for the serious cattle rancher, equestrian enthusiast, or anyone seeking a secluded lifestyle, this fully fenced and cross-fenced property is ready to go. An inviting gated entrance welcomes you home and sets the tone for this remarkable property. This working ranch features a 60' x 80' barn with a hay loft, 10 covered stalls with turnouts, cooled tack room, squeeze chute, wash bay with hot water, freeze proof self-waterers, digital livestock scale, and a 5-ton grain silo with electric auger. 4 separate pastures provide excellent grazing opportunities and 3 even have their own stock tanks! There is no shortage of fishing with 3 out of the 4 ponds being stocked with various fish. Beans Creek also runs through the property for an added water source! The custom barndominium offers upscale finishes throughout, including custom cabinetry, a commercial-grade dual fuel range with griddle, 2 freezer drawers, separate dishwashers, and expansive front and rear balconies showcasing breathtaking panoramic views. Don't like stairs? The seller answered with an exterior elevator (you heard that right) providing convenient access to the home with those grocery hauls in mind. But wait, there's more! Additional improvements include abundant covered parking, covered RV parking with multiple hookups, and a 20' x 30' insulated shop which holds the reserve tank for the 485' well (18gpm), reverse osmosis system, and 3,000-gallon holding tank. Self-sufficiency was considered when a whole-home generator, and rainwater collection system were added. There are 2 other home site pads ready to start the family compound! One already has a separate electrical meter! This one-of-a-kind ranch is thoughtfully equipped with everything needed for productive ranch operations while offering comfort and amenities for bougee country living. You'll love living here long after the cows come home!

Investor Tools

Property Icon
$404,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month

Interested in this property?

April Bohlin

Trinity Group Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,289
$246,370
2025
N/A
N/A
$717,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,289
$246,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbt Financial Bank
Stand Alone Second / Subordinate Position
$587,850
No
First
Oct 3, 2023
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$558,357
N/A
0%
138%
$3,525/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Perrin

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196 Story Road | Property Details | No Agent List