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Property profile & analytics
OFF-MARKET
Land

0 Tampico Rnch Lakeview, TX 79239

1402.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,402.17-acre Texas Panhandle ranch offers a unique blend of agricultural and recreational opportunities. Nestled below the Caprock Escarpment in Hall County, near Lakeview, this property boasts stunning Red River frontage and Little Red River traversing its southern boundary. Approximately 1,000 acres are enclosed within an 8-foot game fence, while the remaining acreage is secured by a five-wire fence, ideal for cattle rotation. The ranch's diverse terrain, featuring rolling hills, open meadows, and thick brush, supports a thriving ecosystem including cattle, mule deer, quail, turkey, and various other wildlife. Fifteen years of participation in Texas Parks and Wildlife Game programs have cultivated top-tier hunting habitat. Four improved water sites are fed by underground Red River Water Authority lines, supplemented by three seep ponds and an irrigation well capable of pumping 200 gallons per minute. A separate meter services the homesite, perfect for building a residence or hunting cabin. Lighthouse Electric lines cross the property, and mineral rights convey with the sale. The property is zoned agricultural and is served by the Turkey-Quitaque ISD. Taxes for 2023 were $1,736.69, reflecting an agricultural value exemption. Access is via an all-weather road, 0.5 miles from paved FM 657, with recorded easement agreements ensuring convenient access. Proximity to several towns and airports is detailed in the provided information. Currently, a month-to-month grazing lease is in place at $40 per head of cattle. Hunting blinds, feeders, and other personal property do not convey. This turnkey operation presents an unparalleled investment opportunity in the Texas Panhandle.

Property profile
Verified
Property type Land
Lot 1402.17 ac (61,078,525 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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