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    Picturesque Ranch with Log Cabin Title is generated by Realmo AI

    153 County Road 2139, Iredell, TX 76649

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    Claim this Listing
    New
    For Sale
    $1,250,000

    Farm/Ranch - Iredell, TX

    Type:Farm
    Property size:
    2,228 SF
    Lot size:
    49.00 Acres
    Price / SF:
    $561/SF
    Added:
    May 10, 2026
    Days on Market:
    2
    Last Refresh:
    May 11 at 3:06 am

    Property Features for 153 County Road 2139

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Chandelier, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Natural Woodwork, Pantry, Walk-in Closet(s), Second Primary Bedroom
    Exterior features
    Covered Patio/Porch, Stable/Barn, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Range, Range - Gas, Washer
    Standard status
    Active
    APN
    R30144
    Size
    2,228 SF
    Lot size
    49.00 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    2002
    Floors in Building
    2
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Log, Metal Siding
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Chase Duran

    Listing agent Chase Duran License #0747668

    Listing office Allie Beth Allman & Assoc. 3838 Oak Lawn suite 500, Dallas, TX

    Listing date May 10, 2026

    MLS# 21261533 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

    • 49‑acre ranch featuring a handcrafted 2,228 sq ft log cabin main residence.
    • Impressive 1,650 sq ft guest house offers two living areas, a full kitchen, sauna, and oversized bedroom.
    • Equestrian amenities include a 10‑stall horse barn and fenced pastures.
    • Functional outbuildings: two commercial‑sized greenhouses, chicken coop, and multi‑purpose barn/workshop.
    • Enjoy the scenic and private setting with mature trees, pond, rolling pastureland, and seasonal creek.
    • The main residence boasts 4 bedrooms, 3 bathrooms, an industrial‑style kitchen, and wood‑burning fireplaces.

    Overview

    This ranch property, situated on 49 acres in Bosque County, features a 2,228 square foot handcrafted log cabin constructed from hemlock fir logs. The main residence includes 4 bedrooms and 3 bathrooms. The main floor features an industrial-style kitchen equipped with a gas range, open shelving, generous prep space, and a breakfast area with its own fireplace. A spacious living room offers cabin charm and natural textures. The primary bedroom, an expansive bathroom and laundry area complete the main level. Upstairs, there are two secondary bedrooms, a full bath, and a large additional bedroom with ensuite bath. An impressive 1,650 square foot guest house features two living areas, a full kitchen and dining space, two bathrooms, laundry, a sauna, and an oversized bedroom. The property includes a 10 stall horse barn, two commercial-sized greenhouses, and a chicken coop. There is also a multi-purpose barn currently outfitted as a garage and workshop space complete with an office, workout area, wood-burning stove, custom metal doors, and outdoor patio space. Mature trees, a scenic pond, gently rolling pastureland, and a seasonal creek enhance the property. This ranch blends rustic luxury, equestrian amenities, and natural beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Iredell
    County
    Bosque
    State
    Texas
    Longitude
    -97.778596
    Latitude
    31.953192

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    FAQs

    What type of property is this?
    Ranch - Unique ranch property with handcrafted log cabin and equestrian amenities.
    Where is this ranch located?
    The property is located at 153 County Road 2139 Iredell, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 49‑acre ranch featuring a handcrafted 2,228 sq ft log cabin main residence.; Impressive 1,650 sq ft guest house offers two living areas, a full kitchen, sauna, and oversized bedroom.; Equestrian amenities include a 10‑stall horse barn and fenced pastures.
    (817) 697-4900
    We can help!
    Listing Contact
    Chase Duran
    Real Estate License ID: 0747668
    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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