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Days207Days on Market
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$3,757,000

2691 N Fm Road 51, Springtown, TX, 76082

On MarketInfo
Beds6 Beds
Baths5 Bath
Baths6,449 Sq Ft
FarmFarm
price_per_sqft$582.57 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Storage
Lot Size2 acres

Building Information

Year Built2003
Stories1
Garage Spaces4

Land Information

APN21149-004-001-00
Land UseAgriculture / Farming
Legal DescriptionACRES: 2.000 ABST: 1149 SURVEY: REYNOLDS R P TR: BLK: SURV: R. P. REYNOLDS
Census Tract140403
Assessed Land Value$56,330
Assessed Improvement Value$1,352,750
Assessment Year2025

About this property

Experience true ranch living on this 66.65± acre cutting and cow-horse property located just north of Springtown. This ranch is fully set up for training, livestock, and multi-residence living, offering a rare combination of space, function, and comfort. The main 6,449 sq ft ranch-style home features 6 bedrooms, 4.5 baths, multiple living areas, two primary suites, an office, sunroom, and a large family room with vaulted ceilings and fireplace. The gourmet kitchen includes Sub-Zero appliances, large island, and extensive cabinetry. Additional features include a wet bar with margarita machine with a wolf beverage refrigerator, security system, storm shelter, laundry room, and an attached 3-car garage with porte-cochere. Step outside to a pool and hot tub, outdoor kitchen, fenced yard, sprinkler system, and both city water and private well water. A 500-gallon owned propane tank also services the home. The property is fully fenced with 5-rail pipe fencing and is designed for serious horse, cattle, or ranch operations. Improvements include a 46’x100’ horse barn with runs, office, tack room, wash bay, med room, laundry, and small apartment; a mare motel (26’x100’); covered arena; Priefert horse walker; and covered cattle working pens with squeeze chute. There are 8 separate pastures and pens, 10 turnout shelters, an 8-bay insulated equipment and hay building (46’x100’) with automatic doors, plus a 30’x60’ RV and trailer garage with automatic doors. The land offers open pasture, coastal Bermuda, a 1-acre lake with dock, three stock tanks, and beautiful views across the acreage as well as lots of room to feedlot practice cattle. The property also includes a 2017 Fleetwood 2 bed - 2 bath mobile home ideal for hired help or guests. With multiple barns, shelters, storage buildings, arenas, working pens, and AG exemption already in place, this property is ready for cattle, horses, training programs, or multi-use ranching.

Investor Tools

Property Icon
$1,409,080
Estimated Property Value
$0Estimated Mortgage Balance
$1,409,080Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,542 /month
Positive
Cash Flow Estimate:
$7,514 /month

Interested in this property?

Phillip Sanders

The Platinum Group RE, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,409,080
2025
$56,330
$1,352,750
$1,409,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,409,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,409,080
100%
0%
$0/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: Springtown

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2691 N Fm Road 51 | Property Details | No Agent List