$1,509,176
 $8,102 est/mo Sourced by Back At You

1231 County Road 131,Ledbetter, TX 78946

Ledbetter, TX 78946

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Description

A rare opportunity to own one of Lee County's most captivating ranches152.447 unrestricted acres of rolling terrain, mature oaks, and improved pasture near Ledbetter. Four ponds grace the property, the largest spanning approximately 4 acres and serving as the scenic centerpiece of the landscape. The comfortable 3-bedroom, 1.5-bath home offers a welcoming retreat, while a restored vintage caboose adds distinctive character as a guest quarters, office, or entertaining space. Designed for recreation and production alike, the ranch is well suited for cattle, horses, hunting, and fishing, with abundant wildlife and expansive views throughout. A thoughtful balance of open pasture and scattered hardwoods creates an ideal setting for a working ranch, weekend escape, or legacy holding. Private, versatile, and rich with timeless Texas character, this is land to enjoy today and steward for generations to come.

Details

MLS #86914762
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1970
Days On Site20
Listing Provided ByColdwell Banker D'Ann Harper | Chad Andrus

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,624
Story(s)1
Acreage152.45
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesCleared, Views, Waterfront, Mobile Home Allowed, Pasture, Rolling Slope, Trees

Parking

Garage Yes / NoNo
Parking FeaturesAdditional Parking, Boat, Driveway, Electric Gate, Rv Access Parking

Taxes

Tax Annual Amount964

Area Information

StateTX
CountyLee
CityLedbetter
Zip Code78946
Area70
Community NameA011 HATFIELD
Listing VS Median (in A011 HATFIELD)
Price:
$1,509,176
low | high
Med:
$1,509,176
50% of Average
sqft:
1,624
low | high
Med:
1,624
50% of Average
$ / sqft:
$929
low | high
Med:
$929
50% of Average
On site:
20
low | high
Med:
20
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyLee
CityLedbetter
Zip Code78946
Area70
Community NameA011 HATFIELD
Listing VS Median (in A011 HATFIELD)
Price:
$1,509,176
low | high
Med:
$1,509,176
50% of Average
sqft:
1,624
low | high
Med:
1,624
50% of Average
$ / sqft:
$929
low | high
Med:
$929
50% of Average
On site:
20
low | high
Med:
20
100% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 2:55:50 PM PDT