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$2,750,000

338 Hcr 2124 Loop, Whitney, TX, 76692

PendingInfo
Baths3,618 Sq Ft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Exterior

Lot Size10.81 acres

Land Information

APN126187
SubdivisionT Mckey A-
Land UseResidential
Legal DescriptionT MCKEY A-6 TR 30A 10.808 AC (PT A-320)
Census Tract960501
Assessed Land Value$77,820
Assessed Improvement Value$390,450
Assessment Year2025

About this property

165± Acre Ranch Bordering Whitney, TX – A Rare Opportunity with Lake Views and Development Potential Welcome to a one-of-a-kind ranch that captures the heart of Texas living—165± acres nestled along the west side of Whitney, TX, offering a seamless blend of natural beauty, agricultural utility, and future development promise. Residence & Ranch Features At the heart of the property sits a spacious 3,500 sq ft ranch-style home featuring 4 bedrooms, 3 full baths, 2 half baths, an office, two living rooms, and two wood-burning fireplaces—designed for comfort, functionality, and gatherings of all sizes. The home is complemented by a well-equipped barn with stalls and pens, ready for livestock or equestrian use. Five stocked tanks—teeming with bass, catfish, and crappie—add recreational charm and water access for cattle. The property also offers fantastic dove hunting, making it a true sportsman’s retreat. Land Composition & Agricultural Use Approximately 50± acres are planted in coastal Bermuda, while the remaining acreage features a healthy mix of blue stem, Bermuda, and native grasses—perfect for grazing or hay production. The ranch is currently used for cattle and supports a full-time residence, making it turnkey for agricultural operations. Development Potential & Location Perks Elevated build sites offer stunning views of Lake Whitney, making this property a prime candidate for future residential development. With utilities in place and proximity to town, the possibilities are endless—from private estates to a thoughtfully planned community. Location Highlights • Minutes from Lake Whitney for boating, fishing, and recreation • 1 hour north to DFW Metroplex • 1 hour south to Waco This is more than land—it’s a legacy in the making. Whether you're seeking a working ranch, a private retreat, or a development opportunity with lake views and unbeatable access, this property delivers.

Investor Tools

$304,665Estimated Mortgage Balance
$437,335Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,500 /month
Positive
Cash Flow Estimate:
$5,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,133
$468,270
2025
$77,820
$390,450
$468,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,133
$468,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Building Or Construction Loan
$333,000
No
First
Jan 26, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,665
$437,335
58%
41%
$1,997/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: Whitney

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338 Hcr 2124 Loop | Property Details | No Agent List