Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Legacy Ranch Compound Title is generated by Realmo AI

    2969 COUNTY LANE 422, Talpa, TX 76882

    View on Map
    Claim this Listing
    For Sale
    $3,499,999

    LAND - Talpa, TX

    Lot size:
    309.00 Acres
    Added:
    May 18, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 3 at 10:06 am

    Property Features for 2969 COUNTY LANE 422

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R52291
    Lot size
    309.00 Acres

    Taxes and HOA fees

    Tax Description
    A0079 B B B & C RY CO SUR 39, ACRES 300.92
    Tax Annual Amount
    4046

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating)
    Cooling system
    Central Air, Attic Fan
    Water source
    Well

    Building Details

    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Colton Harbert
    Colton Harbert

    Listing agent Colton Harbert License #0667827

    Listing office Capitol Ranch Real Estate Brenham, TX

    Listing date May 18, 2026

    MLS# 21152548 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

    • 309‑acre West Texas ranch with a restored 1878 main home and additional guest accommodations
    • Includes a separate guest house plus five Marfa‑inspired cabins for hosting
    • On‑site amenities include a pool and a functional shop
    • Fully fenced property with wildlife and four ponds
    • Heating: propane; cooling: central air with an attic fan
    • Terrain features an on‑site “Mountain” with big views and potential for an additional homesite

    Overview

    Rancho Loma presents a turnkey ranch compound centered on a restored 1878 main home and a separate guest house, designed to function well as a private residence or a guest-focused retreat. The property also includes five modern Marfa-inspired REST cabins for hosting friends and family, along with a pool and a functional shop. The ranch is fully fenced, wildlife-rich, and supported by four ponds. Its dramatic terrain is anchored by an on-site “Mountain,” offering expansive views and adding distinct character across the acreage, with potential for an additional homesite.

    Located at 2969 County Lane 422 in Talpa, Texas (Coleman County), Rancho Loma is positioned as a rare West Texas legacy ranch offering privacy and a secluded setting. At approximately 309 acres, the layout provides space for personal use while supporting a variety of on-site hosting arrangements.

    For an end user, this property’s mix of full-time residence components and multiple guest accommodations makes it a practical fit for someone seeking a self-contained personal retreat. For buyers exploring a hospitality-minded opportunity, the existing hosting setup and historic hospitality story create an option to continue a boutique commercial component, while retaining the primary value as a private ranch residence.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Talpa
    County
    Coleman
    State
    Texas
    Longitude
    -99.6606
    Latitude
    31.7907

    FAQs

    What type of property is this?
    Ranch - Secluded, fully fenced ranch with restored main home, guest house, cabins, pool, shop, ponds, and big views.
    Where is this ranch located?
    The property is located at 2969 COUNTY LANE 422 Talpa, TX.
    What is the asking price?
    The asking price for this property is $3,499,999.
    What are key features of this property?
    This property features: 309‑acre West Texas ranch with a restored 1878 main home and additional guest accommodations; Includes a separate guest house plus five Marfa‑inspired cabins for hosting; On‑site amenities include a pool and a functional shop
    (979) 530-7010
    We can help!
    Listing Contact
    Colton Harbert
    Colton Harbert
    Real Estate License ID: 0667827
    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
    2969 COUNTY LANE 422, Talpa, TX 76882
    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!