730 Hwy Goldthwaite, TX 76844
This exceptional 121-acre ranch in Mills County, Texas, presents a unique investment opportunity. Located seven miles east of Goldthwaite and easily accessible via US Highway 84, this property boasts a rich history, having been owned by the same family for over 130 years and recognized by the Texas Family Land Heritage Program. The land features rolling pastures, terraced fields, and mature oak groves providing excellent habitat for a variety of wildlife including whitetail deer, turkey, dove, quail, and hogs. Two seasonal stock tanks add to the property's appeal. The ranch's northern boundary is US Highway 84, while Private Road 341 forms its western border. Conveniently located approximately two hours from Austin, one hour from Waco, and 2.5 hours from Fort Worth, this property offers both recreational and investment potential. An existing four-bedroom, two-bathroom house with an attached one-car garage is situated on the property. While requiring updates and repairs, it could serve as a weekend retreat, hunter's cabin, or caretaker's residence. Multiple potential home sites are also available across the ranch. The asking price for this legacy property is $995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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