4700 County Road 1040 Celeste, TX 75423
This exceptional 51-acre ranch and recreational property in Hunt County, Texas, presents a unique opportunity for diverse uses. Located at 4700 County Rd 1040, Celeste, TX 75423, this raw, undeveloped land offers a blank canvas for your vision. The property features gentle elevation changes and sandy clay soils, with a mix of sprigged Bermuda pasture and dense wildlife cover. Three established ponds and some older ranching improvements are already in place. The land is partially fenced and enjoys complete privacy thanks to existing perimeter foliage. Convenient paved road frontage provides easy access, with electricity and water readily available. Nearby properties are undergoing residential subdivision, suggesting strong potential for future value appreciation. This property is ideal for agribusiness, recreational pursuits such as hunting, fishing, and camping, or simply as a valuable land investment. The asking price is $1,320,000. Showings are by appointment only with 48-hour notice. A 1% earnest money deposit is required with any offer. All dimensions and boundaries are estimates
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.