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Days21Days on Market
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$4,853,000

$4,975,000

551 COUNTY ROAD 121, Coleman, TX, 76834

On MarketInfo
Price DropInfo
Baths0 Bath
Baths1,225 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size160 acres

Building Information

Year Built1960

Land Information

APN11120
Land UseResidential
Legal DescriptionA0178 ETRR CO SUR 105, ACRES 160.00
Census Tract950700
Assessment Year2025

About this property

1,055 +- acres of rolling, scenic Texas land, this ranch combines exceptional water, diverse terrain, and well-planned improvements to create a premier cattle and recreational property. Nearly three miles of Mud Creek wind through the ranch, with massive Oak and Elm trees lining the banks and creating a stunning natural corridor that supports wildlife, livestock, and year-round beauty! Lost Creek Ranch is thoughtfully balanced for productivity and recreation, featuring 75 +- acres in cultivation, 300 +- acres of improved pasture, and 680 +- acres of native brush. This mix provides excellent grazing capacity while preserving prime habitat for wildlife. With 14 stock tanks scattered across the ranch, water is abundant and well distributed. For the sportsman, the property offers incredible deer, dove, turkey, quail, & hog hunting, supported by the creek, heavy timber, and varied cover. For the cattleman, the ranch includes a true working set of pens designed for efficiency, along with a huge shed for equipment storage and operations. Improvements include a comfortable two bedroom, one bath barn dominium, ideal for a weekend retreat, ranch headquarters, or guest lodging. Multiple hilltop vantage points offer panoramic views and potential homesites. This is a rare opportunity to own a legacy ranch with strong agricultural value, outstanding hunting, and the natural character that makes a property unforgettable!

Investor Tools

$0Estimated Mortgage Balance
$220,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$29,118 /month
Positive
Cash Flow Estimate:
$9,706 /month

Interested in this property?

Marsha Spinks

Liveoak Land & Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$350
$32,339
2025
N/A
N/A
$673,260
No

Tax History

Year
Tax Paid
Assessed Value
2022
$350
$32,339

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$220,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Coleman

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551 COUNTY ROAD 121 | Property Details | No Agent List