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$750,000

8593 State Highway 36 E, Cross Plains, TX, 76443

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,352 Sq Ft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesRv Hookup, Storage
Lot Size1 acre

Building Information

Year Built2013

Land Information

APNR000002727
Land UseResidential
Legal DescriptionACRES: 1.000 221 6 W HICKMAN
Census Tract030200
Assessed Land Value$3,800
Assessed Improvement Value$27,700
Assessment Year2026

About this property

Great combination property with approximately 30 acres of coastal grass that can be grazed or baled; it averages 4 bales per cutting. The remainder of the property is a mix of scattered mature Post Oaks up front and towards the back is a mix of Post Oaks and some Mesquites. There are 3 stock ponds towards the back and east side of the property, overflowing one to another. Behind the last pond is a creek bed with a rock outcropping which makes for a good afternoon adventure for the kid at heart. The property is cross fenced for rotational grazing. At the front of the place is a turn-key 2013 2 Bed 2 Bath Palm Harbor home with 868 sq ft. The cozy home has central heat and air, all electric appliances that will convey, an almost new metal roof and is serviced by a water well. A covered front porch is a great place to sit in the shade of the Pecan trees and watch your grass grow. Up front by the house is a 40x60 3-sided metal pole barn with water and electricity. Inside the barn is framework for 4 horse stalls, each with its own double door opening to the west or plenty of room to park vehicles and store supplies. Behind the house are the round pen lined with wood, pipe working pens and a 5,600 sq ft open metal shed with covered stalls on the west side. The shed and pens have water and electricity, lights for the working pens and water spigots to every pen for the troughs. Also, behind the house is a 160 sq ft sea container with water and electric for storing lawn equipment or feed. There is an RV hookup in case you have overnight company. There are approx 1,620 ft of Hwy 36 frontage and two entrances already in place. This property really does have everything, grass for your cows and wooded areas with water for hunting wildlife. It is only a few minutes to Cross Plains or 35 miles to the Abilene Airport and just a couple more to the Expo Center.

Investor Tools

$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Shana Hinyard

Hinyard Farm and Ranch LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$420
$31,500
2026
$3,800
$27,700
$31,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$420
$31,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

City: Cross Plains

8593 State Highway 36 E | Property Details | No Agent List