386 Co Rd Carlton, TX 76436
This exceptional 723-acre ranch in Carlton, Texas, offers a unique blend of agricultural and recreational opportunities. Boasting rolling terrain with 60-foot elevation changes, the property features a diverse landscape including large hardwood trees, native grasses, and natural arroyo rock creek beds. Three defined stock tanks and water accumulation along Rocky Creek provide ample water sources. A well and electricity (Comanche County Electric) are available at a hunter's camp located on the southern portion. The soil varies, reflected in the changing vegetation and tree cover, with live oaks, mesquites, cedar, and elm trees prevalent. Abundant wildlife includes whitetail deer, turkey, dove, and quail, with evidence of wild hogs. The ranch includes approximately 180 acres of bottom land and 543 acres of pastureland, currently under a long-term grazing lease (nearly 20 years). The property benefits from a 2,700-foot frontage on County Road 386 (access via CR 396 is currently recommended). The property has a barbed wire perimeter fence. Utilities include electricity and a well. Minerals are excluded from the sale. Agricultural exemption is in place. Hunter's blinds and feeders are excluded from the sale. The asking price is $5,495,000. This property is ideal for hunting, ranching, and recreational activities. Potential uses include agricultural, cattle grazing, livestock, pasture, and residential development (unzoned).
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.