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$8,995,000

345 FM 933, Aquilla, TX, 76622

On MarketInfo
Beds— Beds
Baths— Bath
Baths3,158 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesNone
Lot Size1 acre

Building Information

Year Built1974

Land Information

APN115940
SubdivisionWm Santy A-
Land UseAgriculture / Farming
Legal DescriptionWM SANTY A-807 TR 6 1.00 AC
Census Tract960501
Assessed Land Value$4,600
Assessed Improvement Value$116,870
Assessment Year2025

About this property

Patten Springs Ranch is a rare large acreage offering in Central Texas, defined by exceptional water, diverse native habitat, and one of the most impressive spring-fed lakes currently on the market. Located in Aquilla, Texas, the ranch spans 843 acres and features a stunning 13-acre crystal-clear spring-fed lake, an additional 5-acre lake, and 10 stock tanks, providing outstanding water distribution across the property. The land offers a balanced mix of open pasture, rolling terrain, and mature hardwood cover, making it ideal for family recreation, hunting and fishing, cattle operations, and long term land investment. Wildlife is abundant throughout the ranch, including whitetail deer, feral pigs, Rio Grande turkey, dove, and waterfowl, with ducks and geese heavily utilizing the lakes and ponds. A unique feature of the property is the presence of river otters in the main lake, a rare sight in Texas and a strong indicator of a healthy ecosystem. The ranch is exceptionally well watered with multiple springs, spring fed surface water, and consistent flow rarely found on a property of this size in Central Texas. Patten Springs Ranch is conveniently located just 25 minutes from Waco, approximately one hour and fourteen minutes to DFW, two hours to Austin, and roughly three hours to Houston and San Antonio, offering excellent accessibility while still providing privacy and seclusion. Oncor is the electric provider in the area, and the property features approximately 7,700 feet of frontage on FM 933 and 5,500 feet of frontage on Patton Lake Road.

Investor Tools

$0Estimated Mortgage Balance
$121,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$53,970 /month
Positive
Cash Flow Estimate:
$17,990 /month

Interested in this property?

Joshua Smith

Keller Williams Realty - SW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$623
$121,470
2025
$4,600
$116,870
$121,470
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$623
$121,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$121,470
100%
0%
$0/mo

City: Aquilla

345 FM 933 | Property Details | No Agent List