8617 Fm175 Rd Jacksboro, TX 76458
Exceptional 143.12-acre ranch located at 8617 FM 175 Road, Jacksboro, TX 76458, presents a unique investment opportunity. This well-maintained property boasts rolling terrain with a 60-foot elevation change and striking rock formations. A sizable pond enhances the landscape, complemented by access to high-quality water from two nearby wells on an adjoining property. The perimeter fencing is recently installed and in excellent condition. Currently, there are no active hunting or grazing leases; the previous lease was for yearlings. Mineral rights are included: the seller owns one-third and will convey half of their ownership. No current oil or gas production or leases exist; an inactive gas pipeline runs along the western boundary. Access is convenient via nearly a mile of paved frontage on FM 175. This property is situated 67 miles west of Fort Worth, offering a blend of recreational pursuits and investment potential. The asking price is $894,500, translating to $6,250 per acre. This represents a compelling opportunity for those seeking a versatile Texas ranch. The county is Jack County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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