Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cross Plains Ranch with Coastal Fields Title is generated by Realmo AI

    Cr 429, Cross Plains, TX 76443

    View on Map
    Claim this Listing
    For Sale
    $715,625

    LAND - Other - Cross Plains, TX

    Lot size:
    125.00 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    35
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for Cr 429

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Grassed, Brush, Wooded
    Standard status
    Active
    APN
    R002100
    Lot size
    125.00 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 125 SURVEY 113 SURVEY 333 W CONVERSE
    Tax Annual Amount
    120

    Utilities

    Water source
    Well

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shana Hinyard

    Listing agent Shana Hinyard License #0561782

    Listing office Hinyard Farm and Ranch LLC Crosss Plains, TX

    Listing date Apr 30, 2026

    MLS# 20921257 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

    • 125 Acres of Mixed Terrain: Coastal fields, wooded areas with Post Oak trees, and native grasses.
    • Excellent Fencing: Exterior and cross fencing are in great shape and currently used for cattle.
    • Water Resources: Includes 2 water wells and 5 stock ponds for livestock.
    • Ideal Soil: Sandy loam soil is suitable for coastal grasses and Post Oak trees.
    • Convenient Location: Minutes from town, with county road access to Main Street only .7 of a mile away.
    • Additional Acreage Available: Option to purchase an additional 185 acres adjacent to the property.

    Overview

    This 125-acre property features a mix of coastal fields and wooded areas. Approximately 60 acres are wooded with Post Oak trees, while around 65 acres consist of coastal and native grasses. The property includes five stock ponds suitable for rotational grazing. Exterior and cross fencing are in good condition and currently used for cattle. A slight elevation change of 30 feet occurs from west to east. Two water wells are present, one near the old homesite and another a windmill. The sandy loam soil supports the coastal grasses and Post Oaks. Various other tree varieties grow around the creek area along the north boundary. The property offers a potential building site for a home and livestock raising. It is scenic and private, accessed via a 0.4-mile easement road from CR 429, and is located minutes from town, with a 0.7-mile drive to Main Street. The property includes wooded areas and brushy areas. Additional 185 acres west of this property are also available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cross Plains
    County
    Callahan
    State
    Texas
    Longitude
    -99.205044
    Latitude
    32.207267

    Nearby Similar for Sale

    • $405,000
      1,344 SF

      Texas Country Living on Acres

      Charming home on 11 acres near Cross Plains, Texas.
      12633 FM 374, Cross Plains, TX 76443
      View Details
    • $142,500

      Historic Bank Building with Restaurant

      Historic bank structure offers restaurant-ready first floor and office upper level with distinctive high ceilings and brick character.
      100 S Main Street, Cross Plains, TX 76443
      View Details
    • $870,000

      Hunting Land with Open Pastures

      150+ acres with cleared pastures, dense woods, three stock tanks, and an existing homesite for flexible retreat use.
      CR 404, Cross Plains, TX 76443
      View Details
    • $125,000

      Retail-Residential Building with Rear Entrance

      Downtown Cross Plains building offers newer HVAC, recent rewiring, and a private rear entrance for separating work and living.
      117 N Main Street, Cross Plains, TX 76443
      View Details
    • $480,000

      Ranch Land with Two Ponds

      Versatile ranch tract with grazing pasture, barns, and productive water resources near Cross Plains.
      Fm 374, Cross Plains, TX 76443
      View Details
    • $1,650,000

      Fully Improved Hunting Ranch Land

      High-fenced ranch land with a lodge, multiple water sources, and immediate-ready wildlife setup for private use or hunting operations.
      8500 County Road 121, Cross Plains, TX 76801
      View Details
    • $230,000

      Duplex Portfolio Income Property

      Four cash-flowing units across two duplex buildings, with recent HVAC updates and newer appliances for low-maintenance ownership.
      217 2nd Street, Cross Plains, TX 76443
      View Details

    FAQs

    What type of property is this?
    Land - 125-acre ranch featuring coastal fields, wooded areas, and ponds.
    Where is this land located?
    The property is located at Cr 429 Cross Plains, TX.
    What is the asking price?
    The asking price for this property is $715,625.
    What are key features of this property?
    This property features: 125 Acres of Mixed Terrain: Coastal fields, wooded areas with Post Oak trees, and native grasses.; Excellent Fencing: Exterior and cross fencing are in great shape and currently used for cattle.; Water Resources: Includes 2 water wells and 5 stock ponds for livestock.
    (325) 660-5719
    We can help!
    Listing Contact
    Shana Hinyard
    Real Estate License ID: 0561782
    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
    Cr 429, Cross Plains, TX 76443
    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!