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    10771 6 Hwy Meridian, TX 76665

    Sponsored
    For Sale
    $4,900,000

    Farm/Ranch - Meridian, TX

    Type:Farm
    Property size:
    15,000 SF
    Lot size:
    190.06 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 29 at 6:06 pm

    Property Features for 10771 6 Hwy

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    8
    APN
    R36960, R18693, R22923, R34378, R22924
    Parking features
    Open, Other
    Interior features
    Smart Home System
    Fireplace
    1
    Size
    15,000 SF
    Lot size
    190.06 Acres

    Utilities

    Heating system
    Fireplace(s)

    Building Details

    Year built
    2001
    Floors in Building
    2
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Stieler Harris

    Li'ah RE Investment & Consult (972) 739-6033

    Listing agent Stieler Harris (512) 346-0000 License #0781010

    Listing date Jan 27, 2026

    MLS# 21024690 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Texas Ranch with Views

    The Aces Ranch is a ~190-acre Texas ranch featuring diverse terrain and improvements suitable for recreation, livestock, equestrian use, or investment. Currently operating as a residence, AirBnB, and animal chiropractic clinic, this property offers versatility. The ~15,000 sqft main home includes 6 bedrooms, 7 baths, living areas, patios, and a hilltop fire pit. Originally built in 2001 and updated in 2010 and 2016, the home was designed to capture the scenery. A nearby 2-bed, 1-bath guest home with kitchen and living room is suitable for guests or rental income. The landscape features ~180 feet of elevation change, showcasing views of the Bosque River Valley and surrounding ridgelines. The land is a mix of fertile bottomland and dramatic hills with native live oaks. Water is plentiful, with a reliable well, 7,500 gallons of storage, a reverse osmosis filtration system, a pond, two stock tanks, and a seasonal creek. Supporting structures include a metal shop with water and electric, small barn and dog run, and a covered riding arena. The property is fully perimeter fenced with 10 holding pens, working pens, and cross-fenced pastures. Wildlife thrives thanks to years of organic pasture management and a long-standing no-hunting policy. A wildlife tax exemption is in place. Located 3.5 miles from Meridian with Highway 6 frontage, the location offers both seclusion and convenience, under 2.5 hours from Austin or Dallas. The property is sold nearly turnkey with antique furnishings, artwork, and ranch equipment included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Meridian
    County
    Bosque
    State
    Texas
    Longitude
    -97.6293
    Latitude
    31.9228

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    FAQs

    What type of property is this?
    Ranch - Stunning 190-acre ranch suitable for recreation, livestock, or investment.
    Where is this ranch located?
    The property is located at 10771 6 Hwy Meridian, TX.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - ~190-acre turnkey Texas ranch featuring a ~15,000 sqft main home (6 bed, 7 bath) and a 2-bed, 1-bath guest house, sold nearly turnkey with antique furnishings, artwork, and ranch equipment included.; - Diverse terrain with ~180 feet of elevation change offers panoramic views of the Bosque River Valley, fertile bottomland, dramatic hills, native live oaks, and multiple ideal building sites.; - Plentiful water sources: reliable well, 7,500 gallons of storage, reverse osmosis filtration system, a pond, two stock tanks, and a seasonal creek.
    (512) 346-0000
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    10771 6 Hwy Meridian, TX 76665
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10771 6 Hwy Meridian, TX 76665
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    We can help!
    Listing Contact
    Stieler Harris
    Real Estate License ID: 0781010
    (512) 346-0000
    Learn more
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