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    Texas Ranch with Home and Barn Title is generated by Realmo AI

    6551 Crooked Crk Road, Bowie, TX 76230

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    For Sale
    $1,995,000

    A 167+ acre ranch property with a three-bedroom home, fenced cattle setup, and substantial barn and shop space.

    Type:Farm & Ranch
    Property size:
    2,930 SF
    Lot size:
    167.87 Acres
    Price / SF:
    $680/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:28 am

    Property Features for 6551 Crooked Crk Road

    General Information

    Standard status
    Active
    Size
    2,930 SF
    Lot size
    167.87 Acres
    Property subtype
    Farm & Ranch

    Building Details

    Year Built
    1948

    We can help!

    Listing Contact
    Joey Edge

    Listing agent Joey Edge License #0800219

    Listing office Edge Real Estate, LLC

    Listing date Jun 4, 2026

    Source Signaturere

    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 Edge Real Estate, LLC

    HighLights

    • 167.87‑acre Texas ranch with a 2,930 SF home built in 1948
    • 3‑bedroom, 2‑bath home with a large outdoor “dog trot” gathering area and a 45x24 concrete patio
    • Fenced and cross‑fenced cattle operation with piped corral, pens, and a cattle chute
    • Rolling hunting setup with deer stands and a shooting range already in place
    • 5 tanks/ponds on the property to support livestock and wildlife
    • 54x60 barn plus a shop with covered parking for trailers/RV/boat and an enclosed 40x30 shop

    Overview

    This for-sale Texas ranch totals 167.87 acres and includes a 2,930-square-foot home and multiple outbuildings designed to support both living and working use. The home features 3 bedrooms and 2 baths, along with a large outdoor gathering space described as a “dog trot,” and a huge concrete patio measuring 45x24. The patio overlooks the ranch and is set up for outdoor entertaining with space for a fire pit, BBQ grill, and TV area, along with five ceiling fans.

    The ranch is fenced and cross-fenced for cattle operations, with piped corral and pens and a cattle chute already in place. The property’s rolling topography is described as suitable for hunting, with multiple deer stands already in place and a shooting range ready. Existing water includes five tanks (ponds). Storage and equipment coverage are supported by a 54x60 barn with covered parking for trailers, RV, boat, and equipment, plus an enclosed 40x30 shop.

    For buyers seeking a self-contained ranch retreat or a property suited to livestock and hunting activities, the combination of a livable home, cattle infrastructure, and purpose-built storage can support a wide range of on-site uses. The ranch’s layout and existing improvements provide a practical foundation for continuing or expanding cattle and recreational operations.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Bowie
    County
    Montague
    State
    Texas
    Longitude
    -98.102236
    Latitude
    33.36955

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    FAQs

    What type of property is this?
    Ranch - A 167+ acre ranch property with a three-bedroom home, fenced cattle setup, and substantial barn and shop space.
    Where is this ranch located?
    The property is located at 6551 Crooked Crk Road Bowie, TX.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 167.87‑acre Texas ranch with a 2,930 SF home built in 1948; 3‑bedroom, 2‑bath home with a large outdoor “dog trot” gathering area and a 45x24 concrete patio; Fenced and cross‑fenced cattle operation with piped corral, pens, and a cattle chute
    (303) 886-1898
    We can help!
    Listing Contact
    Joey Edge
    Real Estate License ID: 0800219
    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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    6551 Crooked Crk Road, Bowie, TX 76230
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