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$461,000

646 Brandi Ln, Milford, TX, 76670

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,186 Sq Ft
FarmFarm
price_per_sqft$400.27 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Linoleum

Exterior

Lot Size59.83 acres

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces4

Land Information

APN99.1172.000.002.00.109
SubdivisionW O Wheeler
Land UseResidential
Legal Description1172 W O WHEELER LOCKED GATE 59.827 ACRES
Census Tract061000
Assessment Year2025

About this property

Located less than an hour from Dallas-Fort Worth in the gently rolling hills of southwestern Ellis County, Dot’s Ranch is ideal for a weekend recreational property or a permanent residence with quiet seclusion. Bordered on three sides by large ranches, this property enjoys quiet privacy and great unobstructed views of the surrounding landscape. In the spring and summer months, the property comes alive with rich green native grasses, bluebonnet, and other wildflowers flowers. Additionally, there is an existing garden located behind the residence that would be perfect for someone with a green thumb. The property features an existing 12,000 SF +- clear span barn with stalls, an office, and tack room, and dirt floor for those interested in equestrian activities and has an abundance of pasture for cattle grazing on a property of this size. Dot’s Ranch offers a great opportunity to renovate an older home or start fresh to take advantage of the rural charm of southwestern Ellis County.

Investor Tools

Property Icon
$461,000
Estimated Property Value
$0Estimated Mortgage Balance
$461,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,283
$373,103
2025
N/A
N/A
$1,386,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,283
$373,103

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$461,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
5.1%

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: Milford

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646 Brandi Ln | Property Details | No Agent List