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Property profile & analytics
OFF-MARKET
Land

419 Co Rd Novice, TX 79538

104 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 104-acre ranch in Coleman County, Texas, presents a unique opportunity for recreational or agricultural pursuits. The property boasts a desirable mix of 60% native oak and mesquite-covered land, ideal for hunting and wildlife habitat, and 40% cultivated fields, perfect for grazing livestock or establishing food plots. Two water tanks provide ample water sources for both wildlife and livestock. Conveniently located three miles south of Novice, Texas, with county road frontage on two sides offering multiple access points, this ranch provides easy access to Highway 84, placing Abilene and Coleman within a short driving distance. The area is known for its thriving white-tailed deer population, along with wild turkeys, doves, and wild pigs. A 45-acre cultivated field has historically been used for winter wheat grazing. Utilities are readily available, with electricity accessible and water available at the county road. Whether you envision a hunting retreat, a small farm, or a combination of both, this property offers significant potential. The asking price is $520,000.

Property profile
Verified
Property type Land
Lot 104 ac (4,530,240 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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