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$3,995,000

527 Walter Rd Off Ranch Road 965, Fredericksburg, TX, 78624

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2,580.75 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesSee Remarks
FlooringVinyl, Wood

Exterior

Exterior FeaturesSee Remarks
Lot Size1 acre

Building Information

Year Built1921
Roof Type112

Land Information

APN33788
SubdivisionJ W Scallion #484
Land UseOther
Legal DescriptionABS A0645 J W SCALLION #484, 1.0 ACRES, -HOMESITE- -HOMESITE-
Census Tract950100
Assessed Land Value$10,010
Assessed Improvement Value$337,020
Assessment Year2025

About this property

The Flying M Ranch is located in northern Gillespie County with majestic views of Enchanted Rock. The ranch lies just two miles from the park and 20 minutes from Fredericksburg with a unique mix of open fields, tall hardwoods, large granite outcroppings, your own mini mountain, and year round springs. Multiple springs start on the ranch with an old spring box providing water for the wildlife and livestock. The private mini mountain provides spectacular 360 degree views with plenty of room to build a custom home. The low-fenced ranch consists of a main home, bunkhouse and barn/helicopter hanger providing all the amenities someone needs for their family retreat. LOCATION: The Flying M Ranch is accessed by deeded easement off RR 965 just 20 minutes north of Fredericksburg. The ranch is less than an hour and a half from San Antonio and less than two hours from Austin. TOPOGRAPHY, RANGELAND & HABITAT: The Flying M Ranch has over 280 ft. of topographical relief with the highest elevation being 1,823 ft. above sea level. The grounds and trees around the improvements are manicured. Keener Branch Creek traverses the ranch and springs provide water for the wildlife and livestock. Native trees of Gillespie County include live oak, Spanish Oak, shin oak, Lacey Oak, cypress, sycamore, pecan, cherry, redbud, walnut, cedar elm, willow, persimmon and ashe juniper. Many of these species are found on the ranch along with a variety of brush species, succulents and grasses providing excellent habitat diversity. Strategic juniper management has been in place on the ranch for years in several areas. The juniper management program has improved the overall habitat/range conditions and views. WILDLIFE: The Flying M Ranch is predominantly low-fenced with axis and white-tailed deer. The ranch also hosts Rio Grande turkey, hogs, dove and varmints.

Investor Tools

$0Estimated Mortgage Balance
$347,030Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,970 /month
Positive
Cash Flow Estimate:
$7,990 /month

Interested in this property?

J Bryan Pickens

Republic Ranches, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,808
$347,030
2025
$10,010
$337,020
$347,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,808
$347,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$347,030
100%
0%
$0/mo

City: Fredericksburg