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Property profile & analytics
OFF-MARKET
Land

0 Hobson Rnch Wheeler, TX 79096

98.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 98.22-acre Texas ranch presents a unique blend of rural tranquility and practical utility. Located just six miles from Wheeler, Texas, and conveniently accessible via Highway 152, this property boasts a diverse landscape. Twenty acres are designated as farmland, ideal for hay production, grazing, or potential crop cultivation, offering income-generating possibilities. The remaining acreage features excellent grassland interspersed with mature trees, some reaching impressive heights and diameters of up to 50 feet tall and 3-4 feet in diameter. A sizable lake adds to the property's aesthetic appeal and recreational potential. The existing dwelling is a 17-year-old, three-bedroom, two-bathroom manufactured home, complemented by a carport providing shelter for vehicles and equipment. The ranch's abundant wildlife includes deer, turkey, dove, quail, hogs, sandhill cranes, some waterfowl, and various predators, making it a haven for hunting enthusiasts. The property's ample space is suitable for livestock, with capacity for several head of cattle and horses. With half a mile of highway frontage on SH 152 and three-tenths of a mile of access on CR 21, this property offers both seclusion and convenient access. The asking price is $357,500. This property is perfect for retirees seeking a peaceful retreat or a young family looking for a versatile rural lifestyle.

Property profile
Verified
Property type Land
Lot 98.22 ac (4,278,463 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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