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Property profile & analytics
OFF-MARKET
Land

2 Crk 223 Kempner, TX 76539

368 ac lot
Property ID
Property summary
AI-generated overview

Oakalla Hills Ranch presents a unique opportunity to acquire 368 acres of prime Texas land. Located in Burnet County near Kempner, TX, this expansive property boasts a strategic location less than an hour north of Austin and within minutes of Lampasas, Killeen, Temple, and the I-35 corridor connecting Austin and Waco. The ranch features two pastures and a well-equipped watering distribution system, making it ideal for various agricultural uses. The terrain is characterized by scenic elevations and open meadows situated along County Road 223, just west of Oakalla, Texas. The property's versatile nature lends itself to a range of possibilities, from traditional ranching and hunting to potential development projects. The asking price for this exceptional Texas land legacy is $4,300,000. The property's convenient access to major transportation routes and nearby cities makes it an attractive investment for those seeking a blend of rural tranquility and urban accessibility. This 368-acre tract offers a remarkable chance to establish a lasting presence in the Texas landscape. The well-maintained pastures and efficient watering system provide a solid foundation for agricultural endeavors, while the scenic beauty and strategic location make it equally appealing for recreational or development purposes. Don't miss this opportunity to own a piece of Texas history.

Property profile
Verified
Property type Land
Lot 368 ac (16,030,080 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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