Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sprawling Estate with Custom Home Title is generated by Realmo AI

    671 CR 108, Santa Anna, TX 76878

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    Ranch - Santa Anna, TX

    Type:Ranch
    Lot size:
    92.37 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 2 at 3:06 am

    Property Features for 671 CR 108

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Patio and Porch features
    Patio, Porch
    Exterior features
    Balcony, Covered Patio/Porch, Fence
    Fencing
    Fenced
    Fireplace
    1
    Standard status
    Active
    APN
    R11400
    Lot size
    92.37 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2011
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Marsha Spinks

    Listing agent Marsha Spinks License #0633785

    Listing office Liveoak Land & Real Estate 1815 S Commercial Avenue, Coleman, TX

    Listing date Apr 10, 2026

    MLS# 20929655 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.

    HighLights

    • Sprawling 92‑acre estate offers privacy and potential.
    • Custom two‑story home designed for entertaining with grand living room and outdoor fireplace.
    • Enjoy the in‑ground pool for recreation and relaxation.
    • Panoramic hilltop views from the second‑story balcony.
    • Spacious primary suite provides a luxurious retreat.
    • Three‑car garage offers ample parking and storage.

    Overview

    This property features a custom two-story home situated on a 92.37-acre estate. Designed for entertaining, the home includes a grand living room with a cathedral ceiling, an outdoor fireplace, and an in-ground pool. The property offers views from the second-story balcony and panoramic hilltop views. Additional features include a spacious primary suite, an office, and a three-car garage. Located in Santa Anna, Texas, this property is listed as both a residential and land listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Anna
    County
    Coleman
    State
    Texas
    Longitude
    -99.33877298
    Latitude
    31.75606058

    Nearby Similar for Sale

    • $4,950,000
      1,500 SF

      Texas Ranch with Lake and Barndominium

      865.9-acre high-fenced ranch featuring an 8-acre lake and barndominium.
      168 Private Road 2641, Santa Anna, TX 76878
      View Details
    • $975,000
      520 SF

      262-Acre Ranch in Coleman County

      Turnkey ranch perfect for hunting, recreation, or rural retreat.
      324 Pr 2621, Santa Anna, TX 76878
      View Details
    • $1,678,200

      Historic Ranch Land Opportunity

      419.5 acres of legacy ranch land in Texas.
      5324 Fm 568, Santa Anna, TX 76878
      View Details
    • $63,000

      Historic Ice House Commercial Property

      Unique commercial property with warehouse, office, and shop spaces.
      801 S Santa Fe Street, Santa Anna, TX 76878
      View Details
    • $135,000

      Santa Anna Mountain-Side Land Tract

      8.62 acres with highway frontage, suitable for multiple uses.
      Tbd E Hwy 84, Santa Anna, TX 76878
      View Details
    • $265,000

      Productive 26-Acre Ranch in Texas

      26-acre ranch featuring a pond, fertile soil, and native grasses.
      13948 US Highway 283, Santa Anna, TX 76878
      View Details
    • $750,000

      153.36 Acre Ranch in Santa Anna

      Ranch property featuring native pasture, creek, and stock tanks.
      Us Highway 67 US Highway 67 Highway, Santa Anna, TX 76878
      View Details
    • $357,500

      55 Acre Ranch Land Opportunity

      55 acre ranch land with highway frontage near Santa Anna.
      Tbd HWY 84, Santa Anna, TX 76878
      View Details
    • $3,990,000
      18,295,200 SF

      High-Fenced Ranch with Lake

      420-acre ranch featuring a lake and custom barndominium.
      2101 County Road 264, Santa Anna, TX 76878
      View Details
    • $210,000

      Unrestricted Land Near US-84

      25 acres with utilities, fencing, pond, and mineral rights.
      Tbd Mathews Sur 52, Santa Anna, TX 76878
      View Details
    • $120,000
      1,500 SF

      Move-In Ready Commercial Space

      1,500 sq ft commercial property on high-traffic highway.
      204 Wallis Avenue, Santa Anna, TX 76878
      View Details
    • $5,995,000

      Santa Anna Land For Sale

      Land available in Santa Anna, Texas.
      168 Private Road 2641, Santa Anna, TX 76878
      View Details

    FAQs

    What type of property is this?
    Ranch - 92-acre estate featuring a custom two-story home and pool.
    Where is this ranch located?
    The property is located at 671 CR 108 Santa Anna, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Sprawling 92‑acre estate offers privacy and potential.; Custom two‑story home designed for entertaining with grand living room and outdoor fireplace.; Enjoy the in‑ground pool for recreation and relaxation.
    (325) 625-4181
    We can help!
    Listing Contact
    Marsha Spinks
    Real Estate License ID: 0633785
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    671 CR 108, Santa Anna, TX 76878
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!