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$3,195,000

24183-B S US 281, Hico, TX, 76457

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,479.17 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Water Softener
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesElectric Grill, Rain Gutters, Playground, RV Hookup, Storage

About this property

Phenomenal Turn-Key Opportunity to own a premiere multi functional facility in Erath County. Set up as a full functioning show lamb breeding and raising facility but this property offers so many options. Very easily to convert over for the equine enthusiast with simple changes. You have to see in person to appreciate what ALL this property offers. Need a covered Arena? I've got the perfect spot! From the multiple barns to the pens to the turnout pastures this layout is set up and easily maneuverable for a one man show. 16 Stall barn that is heated and cooled with split gates to double the stalls if need, and a separate buck or stallion barn. 3 homes, multiple shops, vet room, and barns this property offers it all. Not many properties have the trees and views this ranch offers with great access for commercial aspect. The home, well you need to see the character brought into its design and enjoy the full wrap around porch, extensive rock accents and meticulous layout. Plus no complaining about the pool and backyard features. All recently completed within the last year. Eye appeal and functionality is a 10 on this property. Call today to schedule a showing. You wont be disappointed.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,170 /month
Positive
Cash Flow Estimate:
$6,390 /month

Interested in this property?

Sissy Herring

TEXAS PROUD REAL ESTATE LLC

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Financing Details

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

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: Hico

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