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$16,750,000

NAL Estimated Property Value

842 Philips Ranch Road, Graham, TX, 76450

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,992 Sq Ft
price_per_sqft$2,795.39 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 6Bathrooms 6
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Lighting, Outdoor Grill, Storage, Other

Building Information

Garage Spaces3

About this property

The Waco Bend Ranch is an iconic ranch on the Waco Bend of the Brazos River just before its confluence with Rock Creek at the north end of Possum Kingdom Lake. Although the ranch is known for its horses, the ranch’s location, recreational opportunities, and natural beauty are unmatched. The main entrance to the ranch is only 90 minutes from DFW international airport and 15 minutes from Graham, Texas. Wild game is abundant and the ranch is an oasis for all manner of wildlife and game animals. There are miles and miles of scenic trails across the ranch and along the private shoreline. You will find the heart of the horse operation strategically set in a location that leaves 90% of the ranch undisturbed but is still very convenient and private from the ranch entrance and the owner's lodge. The main residence is a custom log lodge in a very private location with a commanding view of the Wild Bend of the Brazos. The ranch is offered with all-owned wind and minerals rights.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$100,500 /month
Positive
Cash Flow Estimate:
$33,500 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Graham

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