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$1,999,000

NAL Estimated Property Value

TBD Hwy 281, Hico, TX, 76457

Off MarketInfo

About this property

Hico Texas Ranch: Investment, Recreation, and Homeplace Potential Discover a versatile ranch opportunity just 8 miles south of the vibrant town of Hico, TX. This property offers an exceptional blend of ranching capability, prime hunting ground, and significant investment potential. Rancher Ready: The property is currently Ag Exempt, offering lower property taxes, and is well-equipped for livestock. It is fully fenced for cattle and features native grasses and three reliable spring-fed tanks, with one additional tank that is currently dry. Hunter's Paradise: Enjoy the natural terrain with nice elevation changes and ample cover for wildlife, consisting mostly of cedar trees. These features create a fantastic habitat for hunting and recreational enjoyment. Investment & Development Opportunity: The ranch boasts exceptional road frontage, making it a compelling candidate for future development: Approximately 3000 feet of US Highway 281 frontage. Approximately 3000 feet of County Road 119 (CR 119) frontage. This dual frontage offers high visibility and easy access, making subdivision an easy option for a savvy investor. Build Your Dream Home: Multiple potential homesites are scattered across the property, offering the chance to build a custom home with desirable long-distance views of the Texas landscape. Utilities & Minerals: Power lines are present on the property, with service provided by Hamilton County Electric Cooperative. There are currently no wells on the property, meaning a new owner will need to install a water well for residential or dedicated ranch use. All owned minerals will convey with the sale. This ranch is a rare find, combining agricultural production, excellent hunting, and high-value investment potential near the highly sought-after community of Hico.

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$1,999,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,999,000Estimated 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
$11,994 /month
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Cash Flow Estimate:
$3,998 /month

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Financing Details

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

City: Hico

TBD Hwy 281 | Property Details | No Agent List