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For sale
  • Price increase: $100K (5/21)
    $1,150,000

    1362 CR 207, Out of Area, TX 78942

    3beds
    1,368sqft
    : 
    $7,874/mo
    Get pre-qualified
    Farm
    Built in 2010
    85.31 Acres Lot
    $1,090,100 Zestimate®
    $841/sqft
    $-- HOA

    What's special

    Two pondsOpen pasturesManufactured homePatches of thick woodsGently rolling terrain
    Rabbs Creek Ranch is a great getaway tucked into the heart of Lee County, about 6.5 miles southwest of Giddings. Spanning 85.31 acres, this place has a little bit of everything—gently rolling terrain with about 60 feet of elevation change, open pastures perfect for food plots or improved grasses, and patches of thick woods for privacy and wildlife. There’s also 1,800 feet of Rabbs Creek running through the property and two ponds, one of which is over an acre. It’s conveniently located about an hour from Austin and about two hours from Houston or San Antonio, making it a great spot for a weekend escape or a permanent homeplace. Improvements include a 1,386 sq. ft. manufactured home built in 2010 that’s in great shape. It’s perfect for a weekend retreat or a place to live while you build your dream house. Utilities are already set up. This ranch has so much potential, whether you’re dreaming of a weekend retreat, a hobby ranch, or a place to call home. The combination of peaceful landscapes, ponds, creek frontage, and space to roam makes it a real Texas gem.
    405 days
    |
    101
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Bacon 512-940-8800,

    Texas Ranch Brokers LLC,

    John Colvin 512-755-2078,

    Texas Ranch Brokers LLC

    Source: HLMLS as distributed by MLS GRID,MLS#: 173840MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      Features
      • Flooring: Carpet, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,368
      • Total interior livable area: 1,368 sqft
      Video & virtual tour

      Property

      Features
      • Fencing: Barbed Wire
      • Has view: Yes
      • View description: Hill Country
      • Waterfront features: No
      Lot
      • Size: 85.31 Acres
      Details
      • Parcel number: 013434

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Materials
      • Metal Siding
      • Roof: Composition,Metal
      Condition
      • Year built: 2010

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available
      Green energy
      • Energy efficient items: Ceiling Fan(s)

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Giddings

      Financial & listing details

      • Price per square foot: $841/sqft
      • Tax assessed value: $58,570
      • Annual tax amount: $767
      • Date on market: 6/13/2025
      • Electric utility on property: Yes

        Estimated market value

        $1,090,100

        $1.04M - $1.14M

        $1,683/mo

        Price history

        DateEventPrice
        5/21/2026Price change$1,150,000+9.5%$841/sqft
        Source: HLMLS as distributed by MLS GRID #173840 Report a problem
        5/18/2026Price change$1,050,000-12.5%$768/sqft
        Source: HLMLS as distributed by MLS GRID #173840 Report a problem
        6/13/2025Listed for sale$1,200,000$877/sqft
        Source: HLMLS as distributed by MLS GRID #173840 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$767 +190.2%$58,570 -3.7%
        2024$264 +6.2%$60,789 +10%
        2023$249 +7.7%$55,263 +10%
        2022$231 -12.1%$50,239 +10%
        2021$263 +52.3%$45,672 +10%
        2020$173 -44.8%$41,520 -14.4%
        2019$312 -26.9%$48,500 -5.9%
        2018$427 $51,550 -5.1%
        2017-- $54,300 -5%
        2016-- $57,150 -10.4%
        2015-- $63,810 -14.9%
        2014-- $74,960 +17.3%
        2012-- $63,910 +36.3%
        2011-- $46,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78942

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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