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$500,000

1700 FM 2301, Tulia, TX, 79088

$620,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.29 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesCooktop, Dishwasher

Exterior

Exterior FeaturesNone
Lot Size228 acres

Building Information

Garage Spaces2

Land Information

APN14220
Land UseResidential
Legal DescriptionBLK B-3 SEC 66 NE/PT 228 ACRES
Census Tract950200
Assessed Land Value$207,140
Assessed Improvement Value$412,820
Assessment Year2025

About this property

Location: East of Tulia off of Highway 2301 between Tulia and Lake Mackenzie. This farm is 1 hour (64 Miles)South and a tad bid East of Amarillo, and 1 hour and 21 minutes (82 miles) North of Lubbock. Ranch for Sale in Tulia, Texas - Established Pasture, Agricultural Buildings & Tornado Shelter Home Well-maintained 44 acre ranch in Tulia, Texas, featuring fully established pasture, extensive fencing, two large agricultural buildings, and a spacious five-bedroom home with a built-in storm shelter. Ranch & Agricultural Facilities * 100% established pasture throughout the ranch. * Fencing: Wire mesh and barbed-wire fencing along the front, around the house, and along the right side of the property, with electric fencing along the back. * Two large agricultural buildings: * Livestock barn: 70 × 12 meters. * Machinery barn: 50 × 12 meters, with 12 meters of clearance to accommodate combines, sprayers, and other large agricultural equipment. * Small grain silo. Spacious 5-Bedroom Home The house offers generous living space across two levels, including a dedicated storm shelter on the lower level. Upper Level * 3 bedrooms, including 1 en-suite bedroom. * Hallway linen closet/storage. Lower Level - Built-In Tornado Storm Shelter * 2 additional bedrooms. * 2 large, integrated living rooms, providing a spacious combined living area. * Dedicated tornado shelter with a heavy-duty iron door. Additional Home Features * 3 bathrooms in total. * Spacious kitchen integrated with an open living and dining area. * Separate laundry room. * Pantry. * Large back porch and a smaller front porch. * Elevator shaft/space available for installation to provide access to the lower level. * Covered garage accommodating one large vehicle. Recent Improvements & Utilities * New roof installed in 2021. * New air-conditioning system installed in 2022. * Entire home's electrical system rewired in August 2024. * Two separate electrical service connections: one serving the house and one serving the agricultural buildings. * New propane tank installed in 2025. * Artesian water well with a new pump installed in July 2026. Additional Features * Two large-breed dog houses with thermal insulation. * All household appliances and freestanding furniture are included in the sale. A Great Opportunity in Tulia, Texas An excellent opportunity to own a ranch with established pasture, substantial agricultural infrastructure, a spacious family home, and a built-in tornado storm shelter with an iron door. Ideal for agricultural operations, livestock, equipment storage, and comfortable family living. Disclaimer All information contained herein is deemed reliable but not guaranteed and should be independently verified by prospective buyers. Property boundaries, acreage, utilities, water availability, wildlife, and improvements are approximate and subject to change. Broker makes no warranties or representations regarding the condition of the property. Buyer and or buyers agent are responsible for all due diligence prior to purchase

Investor Tools

$0Estimated Mortgage Balance
$619,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$620,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

Interested in this property?

Cayson George

Western Heritage Realty/Invest

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,618
$619,960
2025
$207,140
$412,820
$619,960
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$11,618
$619,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$619,960
100%
0%
$0/mo

City: Tulia

1700 FM 2301 | Property Details | No Agent List