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Lot/land
  • $1,450,000

    21481 SW County Road 4040, Dawson, TX 76639

    --beds
    --baths
    202.35Acres
    Unimproved Land
    Built in 2002
    202.35 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Gently rolling native pasture
    Welcome to a well-kept working ranch with more than 200 acres of gently rolling native pasture and a comfortable 5-bedroom, 3-bathroom home. The current owners have managed this place with care, utilizing the nine ponds across the property for both cattle and horses. Around the home, you’ll find everything needed for a smooth-running operation: a barn, working corral, covered equipment storage, and four covered horse stalls positioned for easy access. Scattered hardwoods give the land character, adding to the natural beauty of the landscape. The home itself is approximately 2,422 square feet, designed around an open kitchen, dining, and living area that brings everyone together. With five bedrooms, three bathrooms, and two laundry areas, it’s built for practicality and comfort—whether you’re hosting family and friends or simply enjoying quiet time on the back porch overlooking the hills. Location is another strength: you’re less than an hour and a half from the DFW Metroplex, forty-five minutes to Waco, thirty minutes to Corsicana, and just five minutes from Dawson. It’s a true combination of privacy, productivity, and accessibility—an ideal setting for anyone looking to run cattle, raise horses, or enjoy the lifestyle that comes with owning land in this part of Texas.
    230 days
    |
    193
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Story 0747274 817-992-9232,

    Story Group 817-992-9232,

    Rick Story 0514761 817-992-9218,

    Story Group

    Source: NTREIS,MLS#: 21128493

      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Electric
      Video & virtual tour

      Property

      Features
      • Fencing: Barbed Wire
      Lot
      • Size: 202.35 Acres
      • Features: Acreage, Rolling Slope
      • Topography: Rolling
      Details
      • Additional structures: Corral(s), Residence, Barn(s)
      • Parcel number: 87757
      • Zoning description: Unzoned, outside city limits
      • Horses can be raised: Yes
      • Horse amenities: Barn, Stock Pen(s)

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Rural
      • Utilities for property: Electricity Connected, Septic Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Dawson

      Financial & listing details

      • Tax assessed value: $337,040
      • Annual tax amount: $2,523
      • Date on market: 12/10/2025
      • Cumulative days on market: 231 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Exclusions: Personal property of seller
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/10/2025Price change$1,450,000-3.3%
        Source: NTREIS #21128493 Report a problem
        2/27/2024Listed for sale$1,499,500-11.7%
        Source: Whitetail Properties Report a problem
        1/25/2024Listing removed--
        Source: NTREIS #20433562 Report a problem
        9/18/2023Listed for sale$1,699,000
        Source: NTREIS #20433562 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,523 -5%$262,996 +10%
        2024$2,657 +15%$239,087 +10%
        2023$2,311 $217,352 +10%
        2022-- $197,593 +10%
        2021-- $179,630 +0.9%
        2020-- $178,100 +2.5%
        2019-- $173,820 -71%
        2017-- $599,950 +10.6%
        2016-- $542,420
        2015-- --
        2014-- $396,770 +199%
        2013-- $132,700
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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: 76639

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dawson
        • Middle: Dawson
        • High: Dawson
        • District: Dawson ISD

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

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