Custom-built Texas ranch property located in Jim Ned ISD, featuring a durable ICF construction home designed for comfort, efficiency, and peace of mind. This 4-bedroom, 2.5-bath residence offers a desirable split floor plan with an open-concept living, dining, and kitchen area, plus a second living space located in the guest wing—perfect for visitors or multi-generational living. Stamped concrete floors run throughout the home, complemented by a beautiful masonry fireplace in the living room with gas starter. The kitchen is well-appointed with a gas cooktop, double ovens, microwave, dishwasher, and a spacious walk-in pantry with room for an additional refrigerator or freezer. A tankless gas water heater and spray foam insulation add to the home’s energy efficiency, while the metal roof provides long-term durability. The laundry room offers excellent storage throughout. The primary suite is a true retreat with a sitting area, dual sinks, soaking tub, separate shower, and a large walk-in closet. A built-in safe room adds an extra layer of security. Exterior features include gutters, a 30-foot breezeway connecting the home to a 40x60 insulated shop with 14-foot sidewalls, 12-foot doors, a 20-foot overhang for additional covered parking, a 110-amp plug, and plumbing in place for a future bathroom. Additional improvements include 1,500 gallons of water storage. The land is perimeter fenced and cross-fenced, featuring two stock tanks and approximately 70 acres in cultivation—ideal for livestock, farming, or recreational use. A rare opportunity to own a thoughtfully designed ranch property that blends modern construction with wide-open Texas living.
For sale
Price cut: $100K (6/26)
$1,500,000
1342 Fm 382, Ovalo, TX 79541
4beds
3,178sqft
Single Family Residence
Built in 2016
181.86 Acres Lot
$1,429,400 Zestimate®
$472/sqft
$-- HOA
What's special
Desirable split floor planBuilt-in safe roomTwo stock tanksSpray foam insulationTankless gas water heaterSpacious walk-in pantry
- 226 days
- 173
- 7
Zillow last checked:
Listing updated:
Listed by:
Lucy Bishop 0638406 325-267-3100,
Sendero Properties, LLC 325-267-3100
Source: NTREIS,MLS#: 21162809
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet Cabinetry, Ceiling Fan(s), Dual Sinks, Linen Closet, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
- Level: First
- Dimensions: 1 x 1
Living room
- Features: Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Fireplace(s), Propane
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Some Gas Appliances, Double Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
- Laundry: Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Features
- Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
- Flooring: Concrete
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Living Room, Masonry, Propane, Wood Burning
Interior area
- Total interior livable area: 3,178 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport, Additional Parking, Circular Driveway, Driveway, Porte-Cochere, RV Carport, Boat, RV Access/Parking
- Carport spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Rain Barrel/Cistern(s), Rain Gutters, Storage
- Pool features: None
- Fencing: Cross Fenced,Fenced,Perimeter,Vinyl
Lot
- Size: 181.86 Acres
- Features: Acreage, Agricultural, Pasture, Pond on Lot, Many Trees
Details
- Additional structures: Kennel/Dog Run, RV/Boat Storage, Workshop
- Parcel number: 67910
- On leased land: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Farmhouse
- Property subtype: Single Family Residence
Materials
- Concrete, Rock, Stone, See Remarks
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Propane, Septic Available, Water Available, Cable Available
Community & HOA
Community
- Security: Security System
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Ovalo
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $1,772,722
- Annual tax amount: $9,824
- Date on market: 1/24/2026
- Cumulative days on market: 227 days
- Listing terms: Cash,Conventional,1031 Exchange,Federal Land Bank
- Exclusions: Texaco and Sinclair Sign, Panels, Pallet Shelving in Shop
Estimated market value
$1,429,400
$1.36M - $1.50M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $1,500,000-6.3%$472/sqft |
Source: NTREIS #21162809 Report a problem | ||
| 1/24/2026 | Listed for sale | $1,600,000-8.6%$503/sqft |
Source: NTREIS #21162809 Report a problem | ||
| 10/11/2023 | Listing removed | -- |
Source: NTREIS #20300079 Report a problem | ||
| 4/10/2023 | Listed for sale | $1,750,000-8.6%$551/sqft |
Source: NTREIS #20300079 Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: NTREIS #20078295 Report a problem | ||
| 1/1/2023 | Listing removed | $1,915,000$603/sqft |
Source: NTREIS #20078295 Report a problem | ||
| 6/8/2022 | Listed for sale | $1,915,000$603/sqft |
Source: NTREIS #20078295 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,792 -3.5% | $1,772,722 +22% |
| 2024 | $8,071 +19.4% | $1,453,183 +32.8% |
| 2023 | $6,761 -11.7% | $1,093,951 +7.5% |
| 2022 | $7,660 | $1,018,082 +32.1% |
| 2021 | -- | $770,652 +4.8% |
| 2020 | $6,238 -1.4% | $735,211 +0.9% |
| 2019 | $6,325 -13% | $728,796 +74.6% |
| 2018 | $7,269 | $417,421 +7% |
| 2017 | $7,269 +2908.6% | $390,174 +2798.6% |
| 2016 | $242 -48.1% | $13,461 |
| 2015 | $466 | $13,461 -52.9% |
| 2014 | $466 | $28,568 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 79541
Nearby schools
Schools provided by the listing agent
- Elementary: Lawn
- Middle: Jim Ned
- High: Jim Ned
- District: Jim Ned Cons ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




