Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turn Key Deer Breeding Ranch Title is generated by Realmo AI

    1175 Thornton Lane, Palo Pinto, TX 76462

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,699,999

    High fence deer farm on 68 acres ready for operation.

    Type:Commercial/Industrial
    Property size:
    9,184 SF
    Lot size:
    68.43 Acres
    Price / SF:
    $293/SF
    Added:
    Mar 11, 2026
    Days on Market:
    71
    Last Refresh:
    Apr 5 at 10:19 pm

    Property Features for 1175 Thornton Lane

    General Information

    Standard status
    Active
    Size
    9,184 SF
    Lot size
    68.43 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2014

    We can help!

    Listing Contact
    Brittany Jones
    Brittany Jones

    Listing agent Brittany Jones License #0715526

    Listing office Texas West Real Estate LLC

    Listing date Mar 11, 2026

    Source Exitrealty

    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 Texas West Real Estate LLC

    HighLights

    • Turn‑key 68‑acre high‑fence working deer farm ready for deer, exotics, equines, or show animals.
    • Equipped with Priefert wildlife handling equipment, including deer chute and loading system.
    • Main barn features a barndo‑style living space with handcrafted woodwork and trophy display areas.
    • Cross‑fenced pens with loafing sheds and water in each pen, suitable for grazing or equine breeding.
    • Equipment barn with 3 rollup doors for storage and RV plug for additional living space.
    • Multiple building sites available, allowing for construction of a dream home while utilizing existing living space.

    Overview

    This turn-key ranch is a high-fenced working deer farm encompassing 68 acres. Suited for deer, exotics, equines, or show animals, the property features Priefert wildlife handling equipment, including a deer chute and loading system designed for safe and efficient animal management without sedation. This setup allows breeders to vaccinate, medicate, inseminate, and tag wildlife in a safe and cost-effective manner. The main barn includes a barndo-style living space with long gazing views from the balcony, finished with handcrafted woodwork. An equipment barn with three rollup doors provides abundant storage, and an RV plug offers additional living space. Cross-fenced pens with loafing sheds and water are available in each pen. The property is equipped for grazing and could function as an equine breeding facility, hunting, wildlife, or show animal ranch. The property is located in Palo Pinto, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Hotel & Motel Storage Facility Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Palo Pinto
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.2951
    Latitude
    32.6848

    Nearby Similar for Sale

    • $490,000

      Texas Ranch Land Near Brazos

      17.81-acre ranch property near Brazos River in Palo Pinto, TX.
      Tbd Fortune Bend Road, Palo Pinto, TX 76484
      View Details
    • $2,016,000

      Palo Pinto Turn-Key Ranch

      72-acre ranch in scenic Lone Camp, Texas with equipment.
      Tbd Brown, Palo Pinto, TX 76484
      View Details
    • $850,000

      Palo Pinto Creek Ranch

      Ag-exempt property with creek frontage, pasture, and recreational opportunities.
      200 Patterson Lane, Palo Pinto, TX 76484
      View Details
    • $2,699,999

      High Fence Deer Farm Ranch

      Turn-key 68-acre ranch ready for deer or exotics.
      1175 Thornton Lane, Palo Pinto, TX 76462
      View Details

    FAQs

    What type of property is this?
    Ranch - High fence deer farm on 68 acres ready for operation.
    Where is this ranch located?
    The property is located at 1175 Thornton Lane Palo Pinto, TX.
    What is the asking price?
    The asking price for this property is $2,699,999.
    What are key features of this property?
    This property features: Turn‑key 68‑acre high‑fence working deer farm ready for deer, exotics, equines, or show animals.; Equipped with Priefert wildlife handling equipment, including deer chute and loading system.; Main barn features a barndo‑style living space with handcrafted woodwork and trophy display areas.
    (817) 694-6045
    We can help!
    Listing Contact
    Brittany Jones
    Brittany Jones
    Real Estate License ID: 0715526
    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
    1175 Thornton Lane, Palo Pinto, TX 76462
    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!