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$21,849

NAL Estimated Property Value

20977 US 87 Highway, Mason, TX, 76856

Off MarketInfo
Baths0 Bath
Baths528 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size226.90 acres

Land Information

APN01331-02-00000 01
Land UseFarm & Ranch Improved
Legal DescriptionA-0133 B.S. & F. S-51 226.90 ACRES
Census Tract950200
Assessed Land Value$573,750
Assessed Improvement Value$11,640
Assessment Year2025

About this property

This impressive 433-acre Texas Hill Country property sits just across the Gillespie County line, perfectly positioned between Fredericksburg and Mason—only 20 minutes in either direction. With extensive Highway 87 N and County Road frontage, it offers easy accessibility while maintaining a private, hidden feel. From nearly every vantage point, you’ll take in sweeping views of House Mountain, Cedar Mountain, and other notable peaks that define this ruggedly beautiful region. The land itself is a showcase of nature’s finest work, with numerous mature live oaks dotting the landscape, complemented by pockets of mesquite and bee brush. Not only do these native plants provide excellent forage for wildlife, but they also thrive in the prime soils that support a strong carrying capacity for cattle. Several build sites with panoramic views have already been cleared, with brush removal strategically planned to create natural corridors and bedding areas for game with privacy from the other 2 large ranches it borders. For those seeking a property rich in water resources, you’ll find two springs, a 1.75-acre pond, and a reliable water well already in place. A functional set of working pens further enhances the property’s ranching potential. The land offers a dramatic 100-foot elevation change, ranging from 1,780 feet at the high points to 1,680 feet in the lower valleys. These lower elevations also feature exceptional soils, ideal for establishing food plots in key locations to attract and hold wildlife. Whether your vision is a private homestead, weekend hunting retreat, or a working cattle operation, this property is truly a blank canvas ready for your plans. With its combination of location, water, topography, wildlife habitat, and breathtaking scenery, this property offers the rare chance to own a beautiful piece of the Hill Country—without Fredericksburg’s premium land prices.

Investor Tools

Property Icon
$21,849
Estimated Property Value
$0Estimated Mortgage Balance
$21,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$31,170 /month
Positive
Cash Flow Estimate:
$10,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$46/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$438
$21,849
2025
$573,750
$11,640
$585,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$438
$21,849

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$21,849
100%
0%
$0/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: Mason

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20977 US 87 Highway | Property Details | No Agent List