5205 Fm 279 Ben Wheeler, TX 75754
This exceptional 227-acre property in Van Zandt County, Texas, presents a unique opportunity for recreational enthusiasts and investors. Located at 5205 FM 279, Ben Wheeler, TX 75754, this agricultural and hunting ranch boasts a newly renovated 960-square-foot, two-bedroom cabin complete with new flooring, HVAC system, cabinets, and appliances. A new water well and aerobic system have also been installed. The property is well-equipped for hunting, featuring strategically placed feeders, blinds, and game cameras, all easily accessible via established trails. Three ponds, two of which are undergoing expansion, provide ample fishing opportunities. Approximately 204 acres are covered in heavy timber, creating an ideal habitat for deer and hogs. The sandy soil ensures easy navigation, even in wet conditions. Importantly, this property is not located within a FEMA-designated floodplain. The asking price is $2,156,500, translating to $9,467.05 per acre. This turnkey recreational property is ready for immediate enjoyment and offers significant potential for future appreciation. The permitted zoning is agricultural.
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.