0 Tbd Hwy 16 Loving, TX 76460
Prairie View Ranch, a 176-acre property in Young County, Texas, presents a unique investment opportunity. Located just 1.5 miles south of Loving, TX and 13 miles north of Graham, TX, this ranch boasts paved Highway 16 North frontage for convenient access. The land features approximately 60% tree cover, primarily oak, mesquite, and hackberry, with heavy underbrush and native grasses providing excellent wildlife habitat. Three ponds and a water well ensure ample water resources. The property supports a diverse wildlife population including whitetail deer, ducks, Rio Grande turkey, doves, hogs, and varmints. Hunting pressure is light. Soil types include Fine Sandy Loam, Newcastle-Jolly Complex, and Jolly-Rock Outcrop Complex. Mineral rights are unknown but will convey with an acceptable offer; 100% wind rights are included, with no current wind production. An old farmhouse is present but requires significant renovation or demolition. The property is not currently leased for grazing but offers potential for cattle ranching. Nearby amenities include Graham Municipal Airport (13 miles) and Wichita Falls Regional Airport (45 miles). Major cities such as Wichita Falls (45 miles south) and Fort Worth (100 miles NW) are within reasonable driving distance. The asking price is $941,160, representing a price per acre of $5,348. This property offers exceptional potential for hunting, recreation, and future development.
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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