$26,532
NAL Estimated Property Value455 COUNTY RD 1120, Meridian, TX, 76665
Off Market
Highlights
Interior
Exterior
Lot Size2 acres
Building Information
Year Built1920
Land Information
APNR13827
Land UseAgriculture / Farming
Legal DescriptionABST A0052 BURWELL, N 1985 12X56
Census Tract950300
Assessed Land Value$19,588
Assessed Improvement Value$6,944
Assessment Year2025
About this property
Rare, diverse and sprawling 1505.9 acre Reese Ranch in Meridian, TX has been owned and operated for almost a century by the Reese Family. This premier ranch offers extraordinary landscapes, exciting recreational opportunities, an abundance of wildlife and effortless accessibility throughout the property! The ranch has over 2 miles of road frontage on a paved road just a few minutes from Downtown Meridian, TX, in the heart of Bosque County. The ranch is located approximately 1 hour to Waco, 1.5 hours to DFW, and 2 hours to Austin.
Investor Tools
$26,532
Estimated Property Value
$22,936Estimated Mortgage Balance
$3,596Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,990 /month
Positive
Cash Flow Estimate:
$11,997 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$36/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$302
$26,532
2025
$19,588
$6,944
$26,532
No
Tax History
Year
Tax Paid
Assessed Value
2025
$302
$26,532
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Security State Bank
Unknown
$38,250
No
First
Dec 2, 2009
Dec 2012
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,936
$3,596
13%
86%
$230/mo
