219 CR 550
About This Property
There is one stock tank on the ranch is currently holding a good level of water despite recent dry conditions, with visible game trails leading to the tank and crossing multiple areas of the property. The ranch has been very lightly hunted over the past several years, allowing wildlife to thrive in a low-pressure environment.
The property is fully fenced and is Ag Exempt with property taxes being just under $400 in 2025.
Whether you're searching for a recreational hunting property, a place to run cattle, or a scenic homesite with room to build, this Mills County ranch offers outstanding potential.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Listed by Janette Padgett Real Estate | $845,000 | |
| Listed by Janette Padgett Real Estate | |||
| Mar 18, 2022 | No longer available | - | |
| No longer available | |||
| Dec 27, 2021 | In contract | - | |
| In contract | |||
| Nov 3, 2021 | Listed by Janette Padgette Real Estate | $844,350 | |
| Listed by Janette Padgette Real Estate | |||
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Heavily wooded 130 acres of prime Mills County hunting land! Get this under contract and closed in time to enjoy this hunting season! Tree cover is a mix of live oaks, post oaks, elms, mesquite and cedar along with a variety of native brush. Deer and turkey were spotted while taking pictures. Terrain is rolling with beautiful sandstone outcroppings along with small draws crisscrossing the property. One stock tank located toward north end that still has good water despite lack of rainfall. East side and SE corner will need to be fenced and owner will consider fencing allowance with acceptable offer. Owner may consider subdividing so give me a call and we can discuss the options.
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| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017