39
Map
1078 County Road 498
About This Property
This incredible 154.05 acre property offers excellent deer, dove, quail, duck, and other game hunting and all feeders (6) and blinds (3) convey with the sale. The property is fed year-round protein. It is surrounded by large ranches with minimal hunting pressure. Breathtaking panoramic views and sunsets that never get old.
If you are looking for your own hunting escape, want to explore income potential with a "Ranch Experience" on VRBO or short-term seasonal leases this property is ready to go.
A 37 acre open field gives you flexibility for farming, hay production, or starting a small cattle operation. A large, stocked pond that stayed full during the last drought ensures reliable water for wildlife and livestock alike.
The property features:
1,500 sq ft main home 3 bedrooms, 2 bathrooms, comfortable and move-in ready
400 sq ft tiny home perfect for guests or short-term rental income
Spacious barn for storage, equipment, or expansion
You'll love the quiet, secluded feel paired with incredible hilltop views, yet you're only 20 minutes from Abilene, 3 hours from Austin, and 2.5 hours from Dallas Fort Worth.
Whether you're looking for a trophy deer, recreational ranch, raise cattle, family retreat, or income-producing VRBO property, this Coleman County gem offers endless potential and true Texas charm.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$919,997
↓ $180K
(16.4%) | |
| Price Decreased | |||
| Jan 5, 2026 | Price Decreased |
$1,100,000
↓ $64K
(5.5%) | |
| Price Decreased | |||
| Dec 9, 2025 | Price Decreased |
$1,164,000
↓ $36K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017