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    High-Fenced Ranch and Deer Preserve Title is generated by Realmo AI

    County Road 352, Carbon, TX 76435

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    Claim this Listing
    For Sale
    $2,250,000

    LAND - Carbon, TX

    Lot size:
    305.00 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 3 at 2:06 am

    Property Features for County Road 352

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Cleared, Brush
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    305.00 Acres

    Taxes and HOA fees

    Tax Description
    GEO MILLER AB 379
    Tax Annual Amount
    5495

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    2014
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Bodie Stark
    Bodie Stark

    Listing agent Bodie Stark License #0631850

    Listing office Keller Williams Heritage West Weatherford, TX

    Listing date Mar 2, 2026

    MLS# 21192584 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

    • 305‑acre high‑fenced, cross‑fenced ranch with approx. 40 fallow deer and 17 red deer
    • 2014‑built custom home with approx. 3,000 SF and panoramic views from an expansive front room
    • Kitchen features custom pecan cabinetry, granite countertops, a farm sink, and a large island
    • Primary suite includes a walk‑in closet with a built‑in secure gun safe room reinforced with metal plating
    • Vaulted‑ceiling man cave includes a Family Safe tornado shelter
    • Oversized detached garage with workspace and 50‑amp plug, plus covered outdoor cooking, meat processing room, and storage

    Overview

    A turnkey, high-fenced and cross-fenced ranch set up for recreation and investment, currently managed with approximately 40 fallow deer and 17 red deer. The property’s ranch infrastructure includes an oversized detached garage with workspace and a 50-amp plug, a covered outdoor cooking area, and a dedicated meat processing room with storage. Vehicle and storage needs are supported by a 25-by-22 carport. Residential improvements include a custom 3,000-square-foot home designed for panoramic views from a front room spanning the length of the house, with bay windows and a wood-burning fireplace. The chef’s kitchen features custom pecan cabinetry, granite countertops, a farm sink, and a large island opening to the living area anchored by a wood-burning stove. Security and utility are addressed with a walk-in closet that includes a built-in secure gun safe room reinforced with metal plating, along with a vaulted-ceiling man cave that houses a Family Safe tornado shelter.

    Located in Carbon, Texas (Eastland County) on County Road 352, the ranch sits atop a scenic hill with expansive views. The listing describes the property as less than 90 minutes from DFW, offering a secluded setting while remaining accessible from the metro.

    This offering will appeal to buyers seeking a private hunting ranch with in-place fencing and handling support, as well as those looking for a legacy-style retreat where the home and outdoor amenities are already integrated with ranch operations.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Carbon
    County
    Eastland
    State
    Texas
    Longitude
    -98.8546
    Latitude
    32.2675

    Nearby Similar for Sale

    FAQs

    What type of property is this?
    Ranch - Turnkey, high-fenced ranch with a custom home and dedicated improvements for deer hunting and long-term investment.
    Where is this ranch located?
    The property is located at County Road 352 Carbon, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 305‑acre high‑fenced, cross‑fenced ranch with approx. 40 fallow deer and 17 red deer; 2014‑built custom home with approx. 3,000 SF and panoramic views from an expansive front room; Kitchen features custom pecan cabinetry, granite countertops, a farm sink, and a large island
    (817) 441-4000
    We can help!
    Listing Contact
    Bodie Stark
    Bodie Stark
    Real Estate License ID: 0631850
    Learn More
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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.

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