251 Old Goliad RD
About This Property
Located along Old Goliad Road, the property offers road frontage with a quick drive to Refugio or Goliad. The ranch is currently utilized for cattle production and carries an agricultural tax valuation. A perimeter fence surrounds the acreage, while an existing equipment barn provides useful infrastructure for ranch operations, equipment storage, or continued agricultural use. The property also has an abundance of wildlife including white-tailed deer, turkeys, dove, and more.
The water is a major asset on the property. The existing well is approximately 180 feet deep and produces an estimated 35 gallons per minute with a 1 HP pump. Electricity is also available through AEP via an existing utility easement.
The property does not currently have a residence, giving the next owner the opportunity to improve the ranch around their own needs. Whether continued as a working cattle property, developed as a rural homesite, or held as an investment, the fundamentals are already in place.
The Loving Ranch is the type of acreage that offers flexibility without sacrificing the practical features that matter on a ranch with good access, water well, fencing, utilities, and existing improvements. At 106 acres, it is a manageable size while still providing room to build, operate, and make the property your own.
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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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Listed by Keller Williams Brazos West | $956,160 | |
| Listed by Keller Williams Brazos West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017