7229 FM 1690 None

Izoro, TX 76528

$1,995,000

3 beds
2 baths
2,680 sq ft
200 acres
Built 1977

Listed by Ranch Investments · MLS #ACT4409912

Listing status & updates

MLS last changed: Not supplied by this listing source
Availability last checked: No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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7229 FM 1690 None, Izoro, TX 76528 · MLS #ACT4409912

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

With 3 Bedrooms and 2 Bathrooms, the inviting floor plan features Custom designed fireplaces that distribute heat throughout house in both the Family Room and Master Bedroom.

Year built

Built in 1977.

Property size

200 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A unique opportunity to own a Beautiful, Central Hill Country Ranch with a Charming Custom Home set on a little over a square mile of land! Forty Mile Views offer incredible sunsets over the gently rolling terrain. This ranch is convenient being less than five miles off of Highway 281, yet far enough to appreciate the peace and quiet of country living.
Location: 24 miles north of Lampasas, 93 miles from Austin, 164 Miles from DFW Airport on FM 1690 near Izoro.
Access: Farm to Market Road 1690 and County Road 3790
Water: Well with Submersible Pump at the headquarters and a nice stock tank.
Improvements: Set amongst a canopy of Massive, Century old Live Oaks is the Custom Built, Limestone Home of 2,680 square feet. With 3 Bedrooms and 2 Bathrooms, the inviting floor plan features Custom designed fireplaces that distribute heat throughout house in both the Family Room and Master Bedroom. Hardwood and Tile Floors, Custom Cabinetry and Finishes throughout the house. A full front porch welcomes guests along with a nice back porch to enjoy the outdoors. The backyard has been carefully developed for outdoor entertaining.
The Features Include: Outside storage room with climate-controlled pantry, Insulated greenhouse,
1900s rock smokehouse converted into outdoor shower/washroom/utility room with washer and dryer hookups, Outdoor cedar pergola with rock floor, Outdoor cedar pergola with rustic bar
Additional Amenities Include: All metal pole barn for equipment storage 30x50, Barn with Office 20x40
Feed Bin/Silo, 5 stall horse barn with wash rack 40x50, Riding Arena, Pipe yard fence, Automatic Gate at the Main Entrance
Pasture: Gently Rolling with native grasses dotted with a variety of tree cover.
Wildlife: Whitetail Deer, Wild Turkey and Varmints along with Doves and Ducks during the fall and winter months.
Also available as: 454 Acres - Pasture with Windmill Well $2,953,000.00
655 Acres $4,853,000

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THE NEIGHBORHOOD

Explore the location.

7229 FM 1690 None, Izoro, TX 76528

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1977
Full baths: 2
Half baths: 0
Garage spaces: 0
Cooling: Central Air
Heating: Central, Fireplace(s), Wood
Appliances: See Remarks
Flooring: Tile, Wood
Fencing: Livestock
Accessibility: See Remarks
Pool features: None
Subdivision: none
Parcel: 9338
Elementary school: Hanna Springs
Middle school: Lampasas
High school: Lampasas

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$8,312.50

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

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Listing information

MLS #ACT4409912 · Austin Board of Realtors

Listing brokerage: Ranch Investments
Listing agent: John Stepan

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.