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Property profile & analytics
OFF-MARKET
Land

15661 Hwy Caddo, TX 76429

12.13 ac lot
Property ID
Property summary
AI-generated overview

This 12.13-acre Stephens County ranch, located at 15661 E HWY 180, Caddo, TX 76429, offers a unique blend of rural living and recreational opportunities. The property boasts a 1,389 sq ft, 3-bedroom, 2-bathroom home built in 1963, featuring original wood flooring and a Ruud heating and cooling unit. A spacious 2,150 sq ft barn includes a tack room, two storage rooms, and a feed room, complemented by two additional sheds providing shelter for livestock. The property features 5 strands of barbed wire boundary fencing and a custom entrance on HWY 180, with working pens situated north of the barn. Water is supplied by a Stephens County Co-Op Water Meter, and electricity is provided by TXU. The land is 99% wooded, with a mix of live oak, elm, mesquite, and cedar trees, along with moderate to heavy underbrush and native grasses. Wildlife includes whitetail deer, dove, hogs, and varmints, with no reported hunting pressure. The property includes 100% wind rights, but no mineral rights or oil & gas production. Enjoy 885 ft of HWY 180 road frontage, situated 15 miles east of Breckenridge and 20 miles west of Palo Pinto. Major cities like Fort Worth (77 miles west) and Abilene (65 miles east) are within reasonable driving distance, with Breckenridge County Airport 17 miles northeast and DFW Airport 97 miles west. The property is relatively flat at 10 ft elevation, offering beautiful views. The legal description is 12.13 acres out of Blk 4, Tract W/2, Abst 2321, Survey T & P RR, SEC 42. Asking price is $242,546 ($19,996/acre).

Property profile
Verified
Property type Land
Lot 12.13 ac (528,383 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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