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$1,850,000

326 Turkey Farm Road, Whitesboro, TX, 76273

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths3,105 Sq Ft
FarmFarm
price_per_sqft$595.81 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size20 acres

Building Information

Year Built2017
Garage Spaces4

Land Information

APN127 155400202
SubdivisionChoice J B A-G1554
Land UseResidential
Legal DescriptionG-1554 CHOICE J B A-G1554, ACRES 20.0
Census Tract001103
Assessed Land Value$22,899
Assessed Improvement Value$844,620
Assessment Year2025

About this property

Welcome to Retela Ranch–a breathtaking 20 acre paradise for equestrians and nature lovers alike, featuring a 3,105 SF home that’s ready for you to move in! This stunning residence combines luxury and comfort, with a split, spacious primary suite for privacy, along with a dedicated office and a cozy theater room. Vaulted ceilings with elegant wood beams add warmth and character to the living spaces, while the chef-inspired kitchen comes equipped with a gas cooktop—perfect for all your culinary creations. The expansive 34 ft screened-in porch provides an ideal space to unwind while enjoying panoramic views of the serene, stocked pond, where you can cast a line from the dock or simply savor the tranquility. Designed with the horse enthusiast in mind, this property boasts a 40x96 10-stall show barn with a fly system, tack room, & dedicated hay & feed storage. The impressive 80x150 covered arena ensures year-round riding, with room to expand with up to 15 additional stalls if desired. The property is fenced & cross-fenced, along with a front pasture shelter for added comfort. Meander along established trails leading to scenic views at the back of the property, where you can soak in the beauty of the landscape from horseback. This ranch can be turnkey, with an option to purchase equipment to meet all your needs. Enjoy the best of both worlds: peaceful, rural views and convenient access to amenities in Sherman, plus the recreational charm of nearby Lake Texoma for boating & outdoor adventures. Don’t miss the chance to make this exceptional ranch your own. Positioned near major economic developments, this property benefits from the nearby Texas Instruments plant, set to bring over 3,000 jobs to Sherman, and the forthcoming Lake Texoma attractions, including Margaritaville and Hard Rock Resort. This property is an ideal investment for those looking to maximize value in a high-demand area. Seller financing available to approved buyers. Additional 23.59 acres are available.

Investor Tools

$813,272Estimated Mortgage Balance
$54,247Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,959
$867,519
2025
$22,899
$844,620
$1,269,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,959
$867,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$623,013
Yes
First
Jan 4, 2021
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$813,272
$54,247
6%
94%
$5,428/mo

City: Whitesboro

326 Turkey Farm Road | Property Details | No Agent List