1148 County Road 1591
About This Property
improvements, outstanding horse facilities, abundant water, diverse wildlife, and breathtaking scenery, this is a rare
opportunity to own one of North Texas' most impressive ranches. Beautifully remodeled 4,600 sqft home featuring 4
brs, 4.5 ba, spacious living areas, and high end finishes throughout. Large windows capture stunning views of the pool,
arena, and surrounding countryside, creating the perfect balance of luxury and ranch living. Ranch features a 125x275
lighted arena with a walker, 75x100 eight stall barn with covered runs, and an office overlooking the arena and ranch.
30x60 insulated equipment shop and several covered parking areas. Water is one of the defining features of H3 Ranch. Over 4,400 feet of Big Sandy Creek winds through the property, creating a stunning natural corridor and providing excellent wildlife habitat. H3 Ranch presents a rare
opportunity to own a turnkey North Texas ranch that excels as an equestrian property, recreational retreat, family
legacy ranch, or investment. Experience the beauty, privacy, and versatility of one of Wise County's finest ranches.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Keller Williams Realty | $2,895,000 | |
| Listed by Keller Williams Realty | |||
| Feb 10, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | No longer available | - | |
| No longer available | |||
| Oct 6, 2020 | Relisted | $1,275,000 | |
| Relisted | |||
| Sep 12, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017