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    1078 County Road 498 Goldsboro, TX 79519

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    For Sale
    $1,100,000

    154.05 acre property with home, tiny home, and barn.

    Type:Lots & Acreage / Farm/Ranch
    Property size:
    6,708,240 SF
    Lot size:
    154.05 Acres
    Added:
    Aug 14, 2025
    Days on Market:
    246
    Last Refresh:
    Mar 13 at 6:16 pm

    Property Features for 1078 County Road 498

    General Information

    Standard status
    Active
    Size
    6,708,240 SF
    Lot size
    154.05 Acres
    Property subtype
    Lots & Acreage / Farm/Ranch

    Building Details

    Year Built
    2021

    We can help!

    Listing Contact
    Stephen Hoelscher

    Listing agent Stephen Hoelscher License #0698225

    Listing office Western Heritage Realty/Invest

    Listing date Aug 14, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Western Heritage Realty/Invest

    Overview

    Turn-Key Hunter's Paradise in Texas

    This 154.05 acre property in Coleman County, Texas, is a turn-key hunter's paradise, ready for immediate use. The property is suited for deer, dove, quail, and duck hunting, and includes 6 feeders and 3 blinds. The land is surrounded by large ranches with minimal hunting pressure. The property includes a 1,500 sq ft main home with 3 bedrooms and 2 bathrooms, as well as a 400 sq ft tiny home suitable for guests or short-term rental income. A spacious barn provides storage and expansion potential. A 37 acre open field offers flexibility for farming, hay production, or a small cattle operation. A large, stocked pond ensures a reliable water source for wildlife and livestock. The property offers potential for income generation through VRBO or short-term seasonal leases. It is located 20 minutes from Abilene, 3 hours from Austin, and 2.5 hours from Dallas Fort Worth.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Goldsboro
    County
    Coleman
    State
    Texas
    Longitude
    -99.709865
    Latitude
    32.05658

    Nearby Similar for Sale

    • $919,997

      Turn-Key Hunting Ranch in Goldsboro

      154-acre ranch with home, tiny home, barn, and pond.
      1078 County Road 498, Goldsboro, TX 79519
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    • $5,152,500

      Texas Ranch with Owner Financing

      1145-acre Texas ranch with lake, wildlife, and owner financing.
      701 -- County Rd 496, Goldsboro, TX 79519
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    • $1,830,180
      2,000 SF

      Texas Hunting Retreat with Barndominium

      312-acre hunting retreat featuring a spacious barndominium and abundant wildlife.
      401 County Road 498, Goldsboro, TX 79519
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    • $1,920,000

      Texas Ranch for Hunting, Recreation

      400-acre ranch ideal for hunting, recreation, or livestock.
      821 P.R. 4901, Goldsboro, TX 79519
      View Details

    FAQs

    What type of property is this?
    Ranch - 154.05 acre property with home, tiny home, and barn.
    Where is this ranch located?
    The property is located at 1078 County Road 498 Goldsboro, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Turn‑key 154.05 acre hunter's paradise with excellent deer, dove, quail, and duck hunting; feeders and blinds included; Includes a 1,500 sq ft main home (3 bed, 2 bath) and a 400 sq ft tiny home, suitable for guests or rental income; Large, stocked pond ensures reliable water source for wildlife
    (325) 899-1403
    We can help!
    Listing Contact
    Stephen Hoelscher
    Real Estate License ID: 0698225
    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.

    More about this property
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