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$7,269,000

NAL Estimated Property Value

773 Toquigny Ln, Carrizo Springs, TX, 78834

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,500 Sq Ft
FarmFarm
price_per_sqft$1,615.33 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10 acres

Building Information

Year Built2000
Roof Type112
Garage Spaces196

Land Information

APN9-10-0000-2001-0340-47
Lot NumberVIII
SubdivisionStanding Rock Land & Cattle Co Abstract
Land UseResidential
Legal DescriptionSTANDING ROCK LAND & CATTLE CO ABSTRACT 697, LOT VIII, LIFE ESTATE, ACRES 10.0
Census Tract950202
Assessed Land Value$40,000
Assessed Improvement Value$257,025
Assessment Year2025

About this property

If you've been waiting for the right South Texas ranch to come available, this is it. At $2,995/acre Pena Creek Ranch is exceptionally priced for its class and offers compelling value, with an ideal blend of native habitat, water, wildlife, and location. Properties of this size, quality, and potential this close to town rarely come to market. We invite you to experience it for yourself !! Please contact Your Agent to schedule a private tour and see firsthand what makes Pena Creek Ranch such a special opportunity. A true Dimmit County gem, this ranch offers 2,427 acres of premier hunting, grazing, and recreational land located in the heart of the renowned Golden Triangle-just 3.5 miles northwest of Carrizo Springs. With paved access via Tocquiny Road and over 1,900 feet of frontage on Hwy 277, this legacy ranch has been held by the same family for more than 30 years and is now ready for its next steward. The ranch features exceptional terrain diversity with over two miles of Pena Creek running through both sides of the property. Roughly half the ranch resembles the iconic sand-sheet region of South Texas, known for its sandy soils, scattered mesquite motts, and excellent bobwhite quail habitat. The central third transitions to firmer red dirt and classic South Texas brush, rich in high-protein browse ideal for growing trophy whitetails. The land supports year-round grazing and is well-fenced with approximately 75% high-fence and 25% low-fence. Surrounding properties are mostly large, family-owned ranches, with a few smaller tracts along Tocquiny Road. Pena Creek Ranch hasn't been actively hunted or managed for game in more than three years, offering a clean slate for wildlife enthusiasts. Native species include whitetail deer, javelina, wild hogs, bobwhite quail, dove, and the occasional exotic such as axis or aoudad. Recent tours have confirmed a healthy population of native game. The north and south pastures (each ~600 acres) feature open, sandy terrain perfect for quail dog hunting, while the central ~1,200 acres is a prime deer sanctuary. Water resources on the ranch are significant. Pena Creek provides year-round water and shaded, tree-lined banks that enrich wildlife habitat. A 10+ acre lake with a fishing pier, four additional tanks, and three functioning domestic wells support both livestock and recreation. Two unequipped Carrizo irrigation wells are drilled and cased, previously used to help maintain lake levels. With the potential to supplement surface water via irrigation, the ranch offers true water-based recreation: fishing, swimming, boating-even jet skiing. Improvements include a charming 1930s two-story rock house with three bedrooms and one bath, plus a 2,400 sqft 1980s addition featuring a large master suite, open living/dining space, and a utility room. A spacious covered deck overlooks the property. A separate 3-bedroom, 1-bath bunkhouse, several equipment barns, and a game processing area with walk-in cooler round out the functional infrastructure. Other notable features include a large concrete water trough (convertible to a swimming pool) and excellent grazing potential on productive sandy soils. The ranch is currently under a mineral lease with no active production. There are eight assumed orphaned wells abandoned by a previous operator.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$0Estimated Mortgage Balance
$330,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$43,614 /month
Positive
Cash Flow Estimate:
$14,538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,070
$297,025
2025
$40,000
$257,025
$297,025
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,070
$297,025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$330,000
100%
0%
$0/mo

City: Carrizo Springs

773 Toquigny Ln | Property Details | No Agent List