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$5,750,000

695 County Road 36120, Honey Grove, TX, 75421

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths7,521 Sq Ft
FarmFarm
price_per_sqft$764.53 / sqft
Year BuiltBuilt in 2013

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 6Bathrooms 6
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Dog Run, Rain Gutters, Kennel, Outdoor Grill, Storage

Building Information

Garage Spaces3

About this property

Red Shed Ranch encompasses 279± acres in Lamar County, Texas. The property is 18± miles from Bois D’Arc Lake, 20± miles west of Paris, Texas, 60± miles to Lake Texoma, and 111± miles from the DFW airport. The ranch has frontage along CR 36120 and FM 38. The well-designed and maintained 7,521± sqft, 5BR5.5BA main house was built in 2013. The stone house has interior vaulted ceilings, spacious living and dining areas, and high-end appliances. It also has a handicapped-accessible apartment, an indoor infinity pool, an outdoor kitchen, a stone fireplace, and a three-car garage. In addition, a 3BR3BA, 3,500± sqft barndominium provides extra accommodations. It includes designated spaces for equipment storage, a carport, covered kennels, and an RV equipment storage area. Other facilities on the property include a 2,650± sqft covered livestock working pen with a hydraulic chute, a 3,300± sqft barn with horse stalls, and a 3,950± sqft dog kennel building with office spaces, prep area, and over 30 kennels. Additionally, a 4,125± sqft metal barn has a prep kitchen and lobby. Utilities include Lamar County Water, three electric meters, and a generator for use during power outages. The property is partially high-fenced and cross-fenced into five high-fenced and twelve low-fenced pastures. A 6.5± acre lake with a covered dock and six smaller ponds support water resources on the ranch. Additionally, there is over a mile of wet-weather Sanders Creek which meanders through the property. The ranch is home to a variety of native and exotic wildlife as well as various livestock. This is a USDA-accredited ranch, and the current owner maintains an Ag exemption. The Red Shed Ranch combines extensive recreational and agricultural facilities, making it a versatile property suited for family retreats, animal breeding, or farming operations.

Investor Tools

$0Estimated Mortgage Balance
$5,750,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$34,500 /month
Positive
Cash Flow Estimate:
$11,500 /month

Interested in this property?

Bar T Realty, LLC

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Financing Details

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

City: Honey Grove

695 County Road 36120 | Property Details | No Agent List