8144 Fm 1370 Washington, TX 77880
This exceptional 10.178-acre ranchette in Washington County, Texas, presents a unique opportunity for those seeking a peaceful rural retreat or a valuable addition to an existing operation. Located at 8144 FM 1370, Washington, TX 77880, this picturesque property boasts a prime corner location amidst established ranches. The land is perimeter and cross-fenced, ensuring secure containment for livestock. Improvements include a substantial 40' x 25' barn constructed in 2014, and a 20' x 30' covered hay barn, providing ample storage. The well-maintained pastures feature mature shade trees, creating a tranquil and inviting atmosphere. Practical features designed for livestock management are in place, including working pens, cross-fencing, a steel feed trough, and two plumbed concrete water drinkers. A flat well ensures a reliable water source. The asking price is $395,000, translating to $38,809 per acre. There are no deed restrictions, offering flexibility for future development. This property is ideal for those seeking a blend of rural tranquility and practical functionality, perfectly suited for both recreational and agricultural pursuits. The property's location and improvements make it a highly desirable investment opportunity in a sought-after area of Washington County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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