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$528,000

County Road C, Wheeler, TX, 79096

On MarketInfo

About this property

This 240 acre property located between Briscoe and Mobeetie in Wheeler County, Texas offers a turnkey small ranch operation with proven income production, dependable livestock water, and well-developed pasture infrastructure. The property is split by County Road 10, with 160 acres on the east side and 80 acres on the west side of the road. The east 160 acre parcel has been thoughtfully developed with four separate pastures for rotational grazing, while the west 80 acre parcel consists of one open pasture. Both parcels are perimeter fenced and well suited for sheep or cattle. Historically the ranch has run approximately 300 ewes annually. This is a strong income-producing small ranch the seller reported approximately $122,000 in lamb sales in 2025 and is already at approximately $52,000 in lamb sales year-to-date in 2026, with additional loads currently ready for sale. Income production of this caliber on 240 acres is rare in this market, making this a unique opportunity for an operator looking for cash flow alongside ownership.

Investor Tools

$0Estimated Mortgage Balance
$528,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month

Interested in this property?

Cayson George

Western Heritage Realty/Invest

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Financing Details

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

City: Wheeler