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    Crk 289 Ballinger, TX 76821

    For Sale
    $11,235,000

    300+ Acres - Ballinger, TX

    Lot size:
    3,808.41 Acres
    Days on Market:
    261
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for Crk 289

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Barbed Wire, Cross Fenced, Wire
    Fencing
    Barbed Wire, Cross Fenced, Fenced
    Lot size
    3,808.41 Acres

    Building Details

    Architectural style
    Other

    Drennan Real Estate Group (325) 715-5869

    Listing agent Alan Drennan (325) 716-5869

    Listing date Mar 20, 2025

    MLS# 50074236 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    3,808 Acres of Texas Ranchland

    The Lago Ranch is a 3,808.41-acre property featuring rolling hills of groomed mesquite pastureland. It is located in south central Runnels County, approximately 6.6 miles northwest of Ballinger and 35 miles from San Angelo. A public airstrip is located 6 miles from the ranch. The property includes shoreline along Ballinger Lake, which has a surface area of 591 acres.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Ballinger
    County
    Runnels
    State
    Texas
    Longitude
    -100.05450548328
    Latitude
    31.736382375573

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    FAQs

    What type of property is this?
    Agricultural property - Rolling hills of groomed mesquite pastureland near Ballinger Lake.
    Where is this agricultural property located?
    The property is located at Crk 289 Ballinger, TX.
    What is the asking price?
    The asking price for this property is $11,235,000.
    What are key features of this property?
    This property features: - 3,808.41 acres of groomed ranch mesquite pastureland.; - Located on Ballinger Lake with **591 acres of surface area**.; - Proximity to Ballinger (6.6 miles) and San Angelo (35 miles).
    (325) 716-5869
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    Crk 289 Ballinger, TX 76821
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    Ballinger, TX 76821
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    Realmo Value Estimation

    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.

    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.

    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
    Crk 289 Ballinger, TX 76821
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