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$5,697,220

5271 Hwy 290 W, Hye, TX, 78635

On MarketInfo
Beds1 Beds
Baths2 Bath
FarmFarm

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 2Bathrooms 2
AppliancesWater Softener Owned, Cooktop
FlooringTile, Wood

About this property

A little over 189 Acres of shear paradise make up this amazing property located right in the perfect part of the Texas Wine Country! Hilltop views, giant live oaks, pretty pastures, and a cozy home are all available with this ranch. Located 5 miles west of Johnson City, just off Hwy 290 via paved private road. It is also 5 miles east of Hye. Tracts this size have become more increasingly rare as the area has grown in popularity. The pastures are clean, and the trees are perfect. There is a perimeter fence with multiple cross fences offering three separate pastures. The land features a high point with 360-degree hill country views of the Pedernales River valley. There is a wet-weather creek traverses the rear portion of the ranch. Wildlife includes whitetail deer, axis deer, wild turkey, songbirds, and many others. Located on the highest point, is a 1,650 sf home built in 2006. Built with white Texas limestone, a two-car garage and a metal roof. The home features 1 primary suite/full bath, utility room, living/dining, office, half bath, and large kitchen. The primary bathroom features a sizable shower with two shower heads, a water closet including bidet, makeup vanity, built-ins and two large closets. Kitchen features GE Monogram appliances, built-in wine refrigerator, warming drawer, and spacious walk-in pantry. The floors are hickory wood and travertine tile. There is a central vacuum system, whole house water softener, and wired for sound. There are spacious and covered extended porches on the front and back of the home. The home yard is has a cattle fence, concrete paver driveway, and drip irrigation. The metal barn offers plenty of room for equipment, has adjustable ridge ventilation, an insulated ceiling, three climate-controlled rooms, and full bathroom with shower, has its own septic system and is protected by an electric fence. Full size RV concrete pad. Water well produces water for the home, barn, and is plumbed to each of the pastures for livestock.

Investor Tools

$0Estimated Mortgage Balance
$5,697,220Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$34,183 /month
Positive
Cash Flow Estimate:
$11,394 /month

Interested in this property?

Sonny Allen

West Pole Partners

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Financing Details

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

City: Hye

5271 Hwy 290 W | Property Details | No Agent List