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$2,600,000

1988 CR 116 RDS, Rogers, TX, 76569

On MarketInfo

About this property

This 237-acre, high-fenced ranch is currently home to a herd of Elk and a herd of Red Deer. If a wildlife ranch is not your desire, this property can easily be converted to an excellent cattle operation and located just east of Hwy 190, north of Buckholts, on a well-maintained county road. There are 5 ponds and a seasonal creek on the property with some open pastures and some heavy woods. The home is a 2 BR, 1 bath with 2 large living areas and a nice eat-in kitchen. The recent remodel included knotty alder cabinets and the refinishing of the original hardwood floors. The current owners have not occupied the property, and some areas of the ranch will need some TLC. The perimeter fence is 8' net wire on T-Post and pipe construction, and is in very good condition. The opportunity to own a nice ranch like this one does not come along every day, located in the Texas Triangle of DFW, Houston, and San Antonio. Only 25 minutes from Temple and 45 from Waco.

Investor Tools

$0Estimated Mortgage Balance
$2,600,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

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Pud Owens Realty

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Financing Details

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

City: Rogers