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    2 Rnch Rd 2163 Rochester, TX 79544

    Sponsored
    For Sale
    $985,000

    Improved Land - Rochester, TX

    Lot size:
    231.45 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 23 at 1:06 am

    Property Features for 2 Rnch Rd 2163

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    24196
    Lot size
    231.45 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    J. Travis Hawkins
    J. Travis Hawkins

    ABTX-RE, LLC (325) 692-4488 [email protected]

    Listing agent J. Travis Hawkins (325) 692-4488 License #0643904

    Listing date Jan 20, 2026

    MLS# 20982806 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

    Overview

    Productive Farm with Strong Water Wells

    This 231.45-acre farm, located between Rochester and Weinert off FM 2163 in Haskell County, TX, features strong producing water wells. The property includes an 8 tower zimmatic pivot in great condition, nozzled at 750gpm. There are four irrigation wells on the farm, with 10hp, 15hp, 15hp, and 25hp submersible pumps and motors. The pivot covers 132 acres, and roughly 42 acres can be row watered with one of the spare wells, making them ideal for drip irrigation. Two sides of the land have three-phase power. The wells are approximately 79 to 86ft deep. The sellers will convey all surface rights wind, water, and solar at closing and funding. There is one active oil & gas lease in place. Sellers own some minerals that can convey with an acceptable offer. The farm is located near Winchester lake, Thompson lake, Estes, and other hotspots, making it an ideal location in the middle of the Waterfowl flyway. Neighboring farms grow grain and peanuts. The farm is offered turn key with all improvements.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Rochester
    County
    Haskell
    State
    Texas
    Longitude
    -99.7655126
    Latitude
    33.34281039

    Nearby Similar for Sale

    • $154,000
      70.00 Acres

      70 Acre Farm Ready to Go

      70 acre farm opportunity in NW Haskell County, Texas.
      000 County Road 151, Rochester, TX 79544
      View Details

    FAQs

    What type of property is this?
    Farm - 231.45-acre farm with irrigation, wells, and mineral rights in Texas.
    Where is this farm located?
    The property is located at 2 Rnch Rd 2163 Rochester, TX.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Strongest producing water wells in the Seymour Aquifer, ensuring reliable irrigation.; - High-volume water availability with 4 irrigation wells (10hp, 15hp, 15hp & a 25hp) with submersible pumps & motors.; - 8-tower Zimmatic pivot in great condition, nozzled at 750 gpm, covering 132 acres.
    (325) 692-4488
    Request Owner's contact information
    2 Rnch Rd 2163 Rochester, TX 79544
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    Rochester, TX 79544
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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
    2 Rnch Rd 2163 Rochester, TX 79544
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    We can help!
    Listing Contact
    J. Travis Hawkins
    J. Travis Hawkins
    Real Estate License ID: 0643904
    (325) 692-4488
    Learn more
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