Resort-Style Ranch with Golf
1000 County Road 904 Joshua, TX 76058
New Traditional, Other - Joshua, TX
Type:Farm
Property size:
7,363 SFLot size:
24.03 AcresPrice / SF:
$658/SF- Added:
- May 18, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 10 at 8:06 am
Property Features for 1000 County Road 904
General Information
- Property type
- Other
- Property subtype
- Farm
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Boat, Carport, Covered, Driveway, Garage, Gated, Golf Cart, Parking Lot, RV, Secured, Workshop
- Interior features
- Built-in Features, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Exterior features
- Balcony, Courtyard, Private Entrance, Private Yard, RV Hookup, Storage
- Appliances
- Cooktop, Cooktop - Electric, Dishwasher, Microwave, Range, Range - Gas, Washer
- Standard status
- Active
- APN
- 126017304370
- Size
- 7,363 SF
- Lot size
- 24.03 Acres
Utilities
- Heating system
- Central, Natural Gas, Zoned (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric, Zoned
- Water front features
- Lake Front
- Water front
- 1
Building Details
- Year built
- 2022
- Floors in Building
- 2
- Flooring type
- Concrete, Tile, Tile - Ceramic, Wood
- Roof type
- Composition, Metal
- Architectural style
- New Traditional
- Additional Structures
- Storage
Listing agent Sarah Hardy (817) 602-4027
Listing office Engel & Völkers Fort Worth 5120 Monahans Avenue, Fort Worth, TX (817) 900-6899
Listing date May 18, 2026
MLS# 21153782
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located along the historic Chisholm Trail, this property is a resort-style retreat situated on 24.034 acres. It features a professionally designed 9-hole, Par 30 executive golf course with synthetic greens and manicured Bermuda fairways, complemented by decorative bridges, limestone features, and flowing creeks. The course is supported by a deep well-fed irrigation system. The ranch includes two stocked ponds with aerating fountains that also serve as irrigation sources. There are five unique homes located throughout the wooded landscape, suitable for rental income, guest lodging, or private use. Additional features include a greenhouse, workshops, pasture space, and an RV pad. The property is located near the upgraded Granbury Regional Airport, which has a 4,000 sq ft terminal and extended runway. This ranch offers potential as a retreat, event venue, or luxury rental investment.
Key Highlights
- Professionally designed 9‑hole executive golf course with synthetic greens and irrigation system.
- Five unique homes offer rental income, guest lodging, or private use.
- Located on 24 acres of land with two stocked ponds.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $883.6k | $120.00 |
| − Vacancy | −$66.3k | −$9.00 |
| EGI | $817.3k | $111.00 |
| − OpEx | −$429.1k | −$58.28 |
| NOI | $388.2k | $52.72 |
7,363 SF · lease $120.00/SF/yr · vacancy 7.50% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$5.55M
$4.85M – $6.47M
NOI $388,214 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$88.26M
$77.23M – $102.97M
NOI $6,178,039 @ 7.0% cap · market cap 127.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Ranch - 24-acre ranch featuring a golf course and multiple residences.
Where is this ranch located?
The property is located at 1000 County Road 904 Joshua, TX.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Professionally designed 9‑hole executive golf course with synthetic greens and irrigation system.; Five unique homes offer rental income, guest lodging, or private use.; Located on 24 acres of land with two stocked ponds.
