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    Ranch with Equestrian Facilities Title is generated by Realmo AI

    836 Reck Road, Wilson, OK 73463

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    For Sale
    $2,100,000

    Farm/Estate, Ranch - Wilson, OK

    Type:Farm
    Lot size:
    230.00 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    128
    Last Refresh:
    Jun 5 at 4:06 am

    Property Features for 836 Reck Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    300
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Living Room
    Parking features
    Garage
    Standard status
    Active
    Lot size
    230.00 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    1891

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2016
    Year renovated
    2016
    Floors in Building
    1
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Jessica Suggs
    Jessica Suggs

    Listing agent Jessica Suggs

    Listing office Texas Ranch Sales, LLC 920 S. Main St, Boerne, OK

    Listing date Jan 28, 2026

    MLS# 11798828 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 260± acre ranch with gently rolling terrain, open pasture, and improved Bermuda grasses for grazing
    • Water features include six surface ponds (0.35–1.85 acres) plus Simon Creek running through the property with ~0.8 miles of frontage
    • 17‑stall horse barn (7,000± sq ft) with tack room, plus pipe arenas: 200’ x 125’ and 125’ x 125’
    • Additional equestrian improvements include a 50’ x 50’ round pen and fully fenced/cross‑fenced layout for livestock and horses
    • 960± sq ft main residence built in 2016 with 2 bedrooms, 2 bathrooms, and wood siding; asphalt roof
    • Includes a 550± sq ft guest or auxiliary living structure and livestock pens ready for the next operation

    Overview

    This ranch estate offers a well-organized combination of grazing land, equestrian improvements, and water across gently rolling terrain. The property is defined by low fencing and is currently used for grazing, equestrian activities, and hunting, with improved Bermuda grasses across the pastures. It includes livestock infrastructure described as being ready for the next operation, along with a private well serving the ranch headquarters and livestock watering stations.

    Water is a major feature, with six surface ponds ranging from approximately 0.35 to 1.85 acres, plus Simon Creek running through the middle of the property with about 0.8 miles of frontage. Electricity is provided through Red River Valley Rural Electric with two meters. Access includes approximately one mile of internal ranch roads.

    Equestrian facilities include a 17-stall metal horse barn (about 7,000± square feet) in excellent condition with a tack room, along with two pipe arenas and a round pen. A 960± square foot main residence built in 2016 provides 2 bedrooms and 2 bathrooms, and there is also a 550± square foot on-site guest or auxiliary living structure for additional flexibility. Wildlife activity includes whitetail deer, turkey, dove, coyotes, bobcats, and hogs, supporting recreational hunting use as well.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Wilson
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.471127
    Latitude
    34.084041

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    FAQs

    What type of property is this?
    Ranch - Functional ranch setup with improved pasture, multiple ponds, and an established equestrian complex for livestock and horse use.
    Where is this ranch located?
    The property is located at 836 Reck Road Wilson, OK.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 260± acre ranch with gently rolling terrain, open pasture, and improved Bermuda grasses for grazing; Water features include six surface ponds (0.35–1.85 acres) plus Simon Creek running through the property with ~0.8 miles of frontage; 17‑stall horse barn (7,000± sq ft) with tack room, plus pipe arenas: 200’ x 125’ and 125’ x 125’
    (903) 348-1198
    We can help!
    Listing Contact
    Jessica Suggs
    Jessica Suggs
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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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