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$351,000

NAL Estimated Property Value

2886 S State Highway 59, Bowie, TX, 76230

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,176 Sq Ft
FarmFarm
price_per_sqft$488.95 / sqft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage, Other
Lot Size16.96 acres

Land Information

APNR000027680
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionACRES: 16.960 AB 1120 JNO H STEPHENS SURVEY
Census Tract950401
Assessment Year2025

About this property

Turn Key! Scenic views abound with this 25.17 acre g ranch in the highly sought after Montague County area of North Texas! Approx. 2 miles from Bowie, TX on Hwy. 59 S, right off Hwy. 287, this property is set up as a commercial cutting horse training facility with the ability to handle a cattle operation. Upon entering the property through a pipe entrance, stands a 2 BR, 2 BA older ranch style home with siding & metal roof; 2 vehicle attached carport; laundry room; covered porch across the length of home; well & septic. Also available on property are pastures, roads, pond, arena, 134' round pen with lights, 140' triangle arena, horse barns, cattle pens, service structures, various pieces of horse & cattle working equipment. Barn 1 has 7 stalls & tack room with shade & wind screening; Barn 2 has 4 stalls with turnouts and room for several more stalls. Approx 250'x200' flat training area; 6 horse hydraulic walker; misc. farm equipment, yard & shop equipment. Additional acreage available.

Investor Tools

Property Icon
$351,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,136
$229,020
2025
N/A
N/A
$407,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,136
$229,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$351,000
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: Bowie

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2886 S State Highway 59 | Property Details | No Agent List