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$2,635,000

49405 State Hwy 118 S, Alpine, TX, 79830

Off MarketInfo
Baths0 Bath

About this property

Elk Draw offers 3,100+/- acres with expansive views of mountains in all directions. The ranch gives numerous possibilities to its next owner. About 500 acres are on the westside of Calamity Creek and is easily accessed from Highway 118. There are excellent sites for a lodge home in this area. The balance of the ranch is on the east side of the creek with more rugged terrain and holds a ton of game. A great deal of evidence of elk and mule deer can be seen throughout the ranch in many forms.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,810 /month
Positive
Cash Flow Estimate:
$5,270 /month

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Financing Details

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

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: Alpine

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49405 State Hwy 118 S | Property Details | No Agent List