Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Eastland County 40-Acre Ranch Title is generated by Realmo AI

    1096 County Road 345, Ranger, TX 76470

    View on Map
    Claim this Listing
    For Sale
    $425,000

    40-acre ranch in Eastland County, outside Ranger, Texas.

    Type:Lots & Acreage / Improved Land
    Property size:
    1,742,400 SF
    Lot size:
    40.00 Acres
    Price / SF:
    $0.24/SF
    Added:
    May 18, 2026
    Days on Market:
    15
    Last Refresh:
    May 18 at 10:04 pm

    Property Features for 1096 County Road 345

    General Information

    Standard status
    Active
    Size
    1,742,400 SF
    Lot size
    40.00 Acres
    Property subtype
    Lots & Acreage / Improved Land

    We can help!

    Listing Contact
    Alison Houpt

    Listing agent Alison Houpt License #0638362

    Listing office Scout RE Texas

    Listing date May 18, 2026

    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 Scout RE Texas

    HighLights

    • 40‑acre ranch ready for immediate use as a weekend retreat, hunting property, or homesite.
    • Utilities are in place: electricity on‑site, county water available, and two RV hookups.
    • New perimeter fencing provides security and defines the property.
    • Large tank/pond creates a focal point for recreation and wildlife viewing.
    • Prepared pad site ready for RV, cabin, barndominium, or custom home.
    • Wildlife exemption in place offers tax benefits and supports conservation.

    Overview

    This 40-acre ranch in Eastland County, located just outside Ranger, Texas, offers possibilities as a weekend retreat, hunting property, future homesite, or recreational getaway. The property features new perimeter fencing for security. Utilities are in place, including electricity installed on site, county water available at the front of the property, and two RV hookups. A prepared pad site is ready for an RV, cabin, barndominium, or custom home. A large tank serves as a focal point for fishing and wildlife observation. The land is suited for hunting, recreation, ATV riding, and outdoor entertaining. The property currently carries a wildlife exemption, offering tax benefits and supporting the preservation of native habitat and wildlife. The property size is 1742400 square feet.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Ranger
    County
    Eastland
    State
    Texas
    Longitude
    -98.759513
    Latitude
    32.496985

    Nearby Similar for Sale

    • $320,000

      Commercial Property Near Interstate 20

      One-acre commercial property with office and warehouse space near I-20.
      1500 W Loop 254, Ranger, TX 76470
      View Details
    • $250,000

      Historical Theater with Business Potential

      Historical theater in Ranger, TX, with residential quarters and bar.
      114 S Austin, Ranger, TX 76470
      View Details
    • $65,000

      Commercial Opportunity in Ranger, Texas

      Commercial location suitable for restaurants, retail, or office space.
      400 E Loop 254, Ranger, TX 76470
      View Details
    • $785,000

      85-Acre Land with I-20 Frontage

      Versatile land with I-20 frontage, ideal for development.
      6685 Interstate 20, Ranger, TX 76470
      View Details
    • $129,900

      Ranger, TX Warehouse with Parking

      Charming 1920s warehouse with adjacent parking lot for sale.
      115 N Commerce Street, Ranger, TX 76470
      View Details
    • $750,000

      22 Acres in Growing Area

      22 acres with livestock barn, office, and living area.
      605 E Loop 254, Ranger, TX 76470
      View Details
    • $1,440,000

      360-Acre Ranch with Wind Turbine Income

      Combination ranch with grazing, hunting, and wind turbine income potential.
      7528 Fm 717 S, Ranger, TX 76470
      View Details
    • $685,000

      Ranger, TX Ranch with Views

      83.4-acre ranch featuring a home, workshop, and recreational opportunities.
      12436 County Road 134, Ranger, TX 76470
      View Details
    • $89,900

      Office Building in Ranger, TX

      Office building suitable for CPA or groomer in Ranger, TX.
      113 S Rusk Street, Ranger, TX 76470
      View Details
    • $722,700

      Ranger, TX Unimproved Land

      36.58 acres of land with pond and wildlife.
      000 Legends Drive, Ranger, TX 76470
      View Details
    • $425,000

      40-Acre Ranch in Eastland County

      Improved 40-acre ranch with utilities near Ranger, Texas.
      1096 County Road 345, Ranger, TX 76470
      View Details
    • $27,500

      Treed Land on Highway 571

      0.92 acre treed land tract near Ranger, Texas.
      1300 Highway 571, Ranger, TX 76470
      View Details

    FAQs

    What type of property is this?
    Ranch - 40-acre ranch in Eastland County, outside Ranger, Texas.
    Where is this ranch located?
    The property is located at 1096 County Road 345 Ranger, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 40‑acre ranch ready for immediate use as a weekend retreat, hunting property, or homesite.; Utilities are in place: electricity on‑site, county water available, and two RV hookups.; New perimeter fencing provides security and defines the property.
    (469) 767-2223
    We can help!
    Listing Contact
    Alison Houpt
    Real Estate License ID: 0638362
    Learn More
    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
    1096 County Road 345, Ranger, TX 76470
    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!