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For sale
  • $8,900,000

    198 Fm 1730, New Home, TX 79381

    5beds
    4,752sqft
    : 
    $71,033/mo
    Get pre-qualified
    Ranch, Farm
    Built in 1998
    387.28 Acres Lot
    $-- Zestimate®
    $1,873/sqft
    $-- HOA

    What's special

    Swimming poolStunning limestone fireplaceOpen-concept floor planAttached two-car garageOne-bedroom one-bath employee apartmentFive bedroomsTwo half baths
    We are honored to exclusively offer the 7B Ranch, one of the premier equestrian properties in West Texas. Encompassing 387.28± acres, the ranch is ideally located just south of Lubbock between Lubbock and New Home, with frontage on FM 1730 at 198 FM 1730, New Home, Texas 79381 in Lubbock & Lynn Counties. Designed with both luxury living and world-class equestrian performance in mind, 7B Ranch offers a rare opportunity to own a turnkey horse operation featuring an exceptional owner's residence, state-of-the-art horse facilities, cattle handling infrastructure, multiple residences, extensive equipment storage, and pasture land. Owner's Residence The beautifully designed farmhouse-style owner's home offers 4,752 square feet of living space. This impressive two-story residence includes five bedrooms, four full bathrooms, and two half baths. The home's open-concept floor plan seamlessly connects the living room, kitchen, and dining area. The spacious living room showcases vaulted ceilings, exposed limestone walls, and a stunning limestone fireplace. The gourmet kitchen is equipped with custom cabinetry, tongue-and-groove ceilings, premium Wolf stainless steel appliances, and a generous butler's pantry. Additional features include: • Master suite on the main level • Two downstairs bedrooms and three-and-one-half baths • Three upstairs bedrooms with one-and-one-half baths • Large utility room • Basement • Three-car garage • Swimming pool Premier Horse Facilities The equestrian improvements at 7B Ranch are second to none. Indoor Arena Complex The centerpiece of the ranch is an impressive 215' × 300' indoor arena complex featuring: • 140' × 240' arena • Complete roping setup with boxes • Priefert automatic chute • Stripping chute • Cattle holding pens • 10-foot-wide return alley The east side of arena complex includes: • 21-foot-wide concrete alley • Climate-controlled office and tack room • Wash rack • Eleven 15' × 15' box stalls with attached 17' × 32' runs • Ritchie automatic • Large feed room • Indoor trailer parking The west side of arena complex features: • 21-foot-wide concrete alley • Eight oversized 30' × 19' stalls with three approximately 150' × 650' turnout runs • Ritchie automatic Additional improvements include: • 50' × 145' equipment and trailer lean-to off the south end of the arena complex • Six-horse Priefert panel walker • Cattle pens with automatic waterers and covers Outdoor Equestrian Facilities The outdoor complex includes: • 115' × 130' cutting pen • 55-foot round pen • 100' × 255' arena connected to the round pen • Five 20' × 50' shed-row style stalls with a 20' wide roof on the west end • 50' × 300' turnout run connected to the shedrow barn Shop & Equipment Storage A well-equipped 40' × 100' insulated metal shop features: • Concrete floor • Lean-tos measuring 20' × 100' on both east and west sides for hay and equipment storage An additional 25' × 100' covered equipment parking area is located across from the shop. Cattle Facilities The ranch also includes a functional cattle barn with: • Covered livestock working facilities • Squeeze chute • One-bedroom, one-bath employee apartment Employee Housing Manager's Home The manager's residence offers approximately 1,700 square feet with: • Three bedrooms • Two bathrooms • Attached two-car garage Additional Residence A second home provides approximately 1,500 square feet of living space and includes: • Three bedrooms • Two bathrooms • Attached two-car garage The home is currently leased, and the existing tenants would welcome the opportunity to continue leasing the property. Water • Six water wells • A 1.6-acre earthen pond supplying livestock water Pricing This exceptional ranch is being offered in two purchase options: 87± acres with all improvements: $5,900,000 Entire 387.28± acre ranch: $8,900,000
    40 days
    1,367
    83

    Zillow last checked:

    Listing updated:

    Listed by:

    Brendan Garrison TREC #0648343 806-790-5900,

    Chas. S. Middleton and Son

    Source: LBMLS,MLS#: 202610089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Heating
      • Central, Fireplace(s), See Remarks
      Cooling
      • Ceiling Fan(s), Central Air, Multi Units
      Features
      • Bar, Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Granite Counters, High Ceilings, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Soaking Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), See Remarks
      • Flooring: Wood
      • Has basement: Yes
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 4,752
      • Total interior livable area: 4,752 sqft
      • Finished area above ground: 4,384
      • Finished area below ground: 368

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Concrete, Driveway, Electric Gate, Garage, Paved
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Has private pool: Yes
      • Fencing: Pipe
      Lot
      • Size: 387.28 Acres
      • Features: Agricultural, Farm, Front Yard, Many Trees, Pasture, Paved, Sprinklers In Front, Sprinklers In Rear, See Remarks, Pond on Lot
      Details
      • Additional structures: Barn(s), Outbuilding, Storage, Workshop, See Remarks, Corral(s), Residence, Second Residence
      • Parcel number: 13651, R144506, 13823, 2033
      • Other equipment: Call Listing Agent, Fuel Tank(s), Generator, Livestock Equipment
      • Horses can be raised: Yes
      • Horse amenities: Arena, Barn, Corral(s), Hay Storage, Paddocks, Palpation Chute, Pasture, Riding Trail, Round Pen, Stable(s), Tack Room, Trailer Storage, Wash Rack, See Remarks

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse,See Remarks
      • Property subtype: Ranch, Farm
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Sewer Not Available

      Community & HOA

      Location
      • Region: New Home

      Financial & listing details

      • Price per square foot: $1,873/sqft
      • Tax assessed value: $1,190,170
      • Annual tax amount: $20,220
      • Date on market: 7/21/2026
      • Cumulative days on market: 49 days
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,730/mo

        Price history

        DateEventPrice
        7/21/2026Listed for sale$8,900,000$1,873/sqft
        Source: LBMLS #202610089 Report a problem
        8/11/2016Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,220 +2.1%$1,190,170 +19%
        2024$19,804 -2.1%$1,000,000
        2023$20,231 -11.7%$1,000,000 +3%
        2022$22,915 -19.2%$971,120
        2021$28,375 --
        2020-- $1,080,180
        2019-- $1,080,180 -8.3%
        2018-- $1,178,190 +23.6%
        2017-- $953,000 +45.5%
        2016-- $654,950 +10.9%
        2015-- $590,720 +0.5%
        2014-- $587,510 -2%
        2011-- $599,390 -5.2%
        2010-- $632,160
        2009-- $632,160
        2008-- $632,160
        2007-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 79381

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: New Home
        • Middle: New Home
        • High: New Home

        Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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