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$1,199,000

2017 CR 188, Cross Plains, TX, 76443

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
price_per_sqft$832.64 / sqft
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Garage Spaces2

About this property

This combination property has 60 ac of pasture, 47 ac with a ridgeline of Oak trees sloping down toward the south boundary & a metal home sitting appx 1,000 ft away from the county road. All under one roof and built in 2014, this home is a 3 bed 2 bath 1,440 sq ft with an attached garage of 1,020 sq ft and an extended 35x14 carport all on a slab. The immaculate home is open concept with neutral color walls, vaulted 12 ft ceilings, granite counters, knotty alder cabinets & wood-look ceramic tile throughout. The primary bathroom has a 3.5x6 ft walk-in tile shower. Guest bath has a shower-tub combo & both baths have knotty alder cabinets with granite countertops. There are recessed lighting, decorative lighting & high-end ceiling fans throughout the home. Stone fireplace is wood burning & was built with rocks collected from the property. Porch faces east so you can enjoy sunrises and coffee. North of the house is a 480 sq ft fully furnished bunkhouse for extra sleeping. Across the yard to the west is a 30x60 ft equipment shed to park your toys or tractors. The 60 ac pasture has appx 20 ft of elevation drop towards a half-acre pond stocked with catfish and 2,330 ft along Hwy 206 for paved road frontage. The highest point on this pasture has a nice group of trees including a beautiful Oak, some Mesquites and a variety of other species. There is also a metal equipment shed appx 22x30 with 96 sq ft of attached storage. Electricity is available through AEP, so you pick your own carrier & water is available from Coleman SUD, you'd just need the meter re-installed. There is a nice little stack lot by the highway to store your hay away from the livestock. The 47 ac oak pasture has appx 30 ft of elevation drop from the ridgeline of trees to a bass tank that is a little low but never gone dry. There are excellent exterior & interior cross fences for rotational grazing and a small set of pipe pens to load cattle. Addl pictures of game & structures avail just ask

Investor Tools

$0Estimated Mortgage Balance
$1,199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

Interested in this property?

Shana Hinyard

Hinyard Farm and Ranch LLC

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Financing Details

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

City: Cross Plains