40
Map
11 County Road 191
About This Property
The ranch is fully fenced and well suited for cattle, horses or other livestock. Two water wells are already in place, electricity is on the property, and fiber internet is available, making this acreage an excellent candidate for a permanent residence, barndominium, hunting cabin or weekend retreat. Multiple potential building sites allow you to choose the setting that best fits your plans.
A large metal equipment shed provides valuable covered storage for tractors, trailers, ATVs, UTVs, hay, hunting equipment and ranch supplies. Mature oak trees provide shade and add beauty and character throughout the property.
Highway 84 frontage provides convenient year round access while maintaining the peaceful atmosphere of country living. Whether your goal is to build a home, expand a cattle operation, establish a hunting property or simply invest in quality Texas land, this 155.44 acres offers exceptional versatility and existing infrastructure that can save time and expense. Come explore the property and see the possibilities for yourself.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Listed by Cross H Realty | $979,000 | |
| Listed by Cross H Realty | |||
| Jul 2, 2026 | No longer available | - | |
| No longer available | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 1, 2026 | Listed by Real Broker, LLC | $899,000 | |
| Listed by Real Broker, LLC | |||
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Located just 5 minutes from Zephyr, this 104± acre ranch in Mullin, Texas has been meticulously cleared and thoughtfully improved, offering a turnkey opportunity for your dream home or weekend retreat.
The property features two water wells, a newly constructed stock tank, new perimeter fencing, and an established homesite complete with electricity and an existing septic system (buyer to verify condition). Dual road frontage provides convenient access from both Highway 84 and a gated, private entrance off County Road 191.
Whether you're looking to build, graze, or simply enjoy wide-open spaces, this land is ready to go. The groundwork has been done—all that’s missing is your vision. With a listing price of $9,950 per acre, it offers significant value for an improved property in a prime location.
Additional highlights:
Gated access from both Hwy 84 and CR 191
Beautifully cleared terrain, ideal for building
Secluded yet accessible setting
Owner willing to subdivide
Mobile home restriction in place
Don’t miss this rare opportunity to own a piece of the Texas Hill Country with all the essentials already in place. Contact the listing agent today to schedule your private tour!
Pictures represent entire parcel. Only 104 acres are currently listed. Additional tracts available for purchase. Ask Agent for more information on other parcels.
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| Oct 27, 2025 | Price Decreased |
$899,000
↓ $89K
(9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017