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$1,995,000

NAL Estimated Property Value

92 PR 135, Priddy, TX, 76870

Off MarketInfo

About this property

The Pederson Ranch is offered for sale for the first time in over 150 years. This 369+ Acres sits secluded down a 1 mile gravel easement. An abundance of wildlife: Deer, Turkey, Hogs, Quail & Varmints. Rolling hills, high elevation and beautiful views. Mix of native grass and timber. Water well and Electricity. Ranch House was built in 1986. Has not been lived in for 12yrs. Cross fenced for livestock rotation. All mineral and wind ownership will convey. The Ranch currently produces $21K annually from the 3 wind turbines located on the back of the property. 30yr lease term for wind lease started in 2015. Rent and royalties payments increase every 5 years through term of contract.

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$1,995,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,995,000Estimated 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
$11,970 /month
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Cash Flow Estimate:
$3,990 /month

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Financing Details

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

City: Priddy

92 PR 135 | Property Details | No Agent List