Property profile

48309 Highway 118 Alpine, TX 79830

OFF-MARKET
Land
9222.4 ac lot
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Property summary

AI-generated overview

This exceptional 9,222.4-acre ranch in Brewster County, Texas, presents a unique investment opportunity. Located along the northern border of the 23,147-acre Elephant Mountain Wildlife Management Area, this property boasts diverse terrain, including volcanic flat-topped mountain grasslands and expansive native grasslands. Features include Chalk Draw and Christmas Canyon, offering stunning views of the Del Norte Mountains, Cathedral Mountain, Santiago Peak, Elephant Mountain, and other prominent landmarks. The habitat is rich and varied, encompassing Chihuahuan Desert scrub, desert grasslands, riparian zones, juniper-pinon-oak woodlands, and deciduous canyon woodlands. Wildlife is abundant, with elk, aoudad, desert mule deer, pronghorn antelope, quail, dove, and a multitude of other birds. Evidence of ancient Native American campsites adds historical significance. The ranch headquarters, easily accessible from State Highway 118, is well-equipped for cattle operations, featuring ample wells, storage, and water sources throughout, including working and shipping pens. This property offers a remarkable chance to own a substantial piece of West Texas, ideal for recreation, conservation, or ranching. The asking price is $11,758,560. The property's address is 48309 Hwy 118, Alpine, TX 79830.

Property profile

Verified
Property type Land
Lot 9222.4 ac (401,727,744 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

48309 Highway 118 Alpine, TX 79830
Alpine metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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