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$465,000

1868 County Road 3208, Hico, TX, 76457

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$807.29 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Water Heater, Gas Oven, Microwave
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesAwnings, Deck, Other, Private Entrance, Rain Gutters, Rv Hookup, Storage
Lot Size10.01 acres

Building Information

Year Built2023

Land Information

APNR56358
Land UseFarm & Ranch Improved - Rural Residence
Legal Description854 T W WALDEN; ACRES: 10.01 RANCH 40
Census Tract950100
Assessed Land Value$125,810
Assessed Improvement Value$281,610
Assessment Year2025

About this property

Discover the perfect blend of country living, privacy, and ranch functionality on this beautiful 10-acre property located in the scenic Honey Creek Ranch subdivision, just 4 miles south of Hico with convenient gravel road access off Highway 281. While located within this beautiful subdivision, the property features its own private gated entry, offering a distinct sense of privacy and independence. The 576-square-foot cabin, built in 2023, features 2 bedrooms, 1 bathroom, a loft, and a spacious covered deck—perfect for relaxing and enjoying the peaceful country surroundings. The cabin sits just inside an impressive 191' x 76' barn featuring wood rafters, electricity, water, five stalls, and a dedicated tack room. This versatile setup is ideal for horse enthusiasts, livestock owners, or anyone needing substantial space for equipment and ranch activities. A separate shop building adds even more functionality, with a workshop and garage on one side and a dedicated refrigeration room for hanging meat on the other. The property is perimeter-fenced and equipped with a private water well, a septic system installed in 2023, and an irrigation system spanning across the property. Whether you're looking for a weekend getaway, a private homestead, or a versatile horse property, this unique acreage offers an exceptional opportunity to enjoy the best of country living with useful improvements already in place. Experience the charm of Honey Creek Ranch while enjoying the convenience of your own private entrance and the freedom to make this property your own!

Investor Tools

$0Estimated Mortgage Balance
$407,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,846
$407,420
2025
$125,810
$281,610
$407,420
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,846
$407,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$407,420
100%
0%
$0/mo

City: Hico