20th Rd, Central City, NE, 68826
About This Home
Located just 2.5 miles east of Central City in Merrick County, Nebraska, this exceptional property presents a rare opportunity to build your dream rural home or expand your existing farm portfolio. Offering open tenancy after the second hay cutting this year, the land is ready for new ownership and fresh ideas. One of the standout features is the 60x80 Cleary building, constructed in 2000, which sits on a solid concrete floor-currently used for hay storage but versatile enough for equipment, workshop use, or additional storage needs. The property includes an established well, offering immediate utility for irrigation or residential development. Currently, it produces high-quality horse hay known for its top-tier quality and ability to fetch premium pricing in the market. With the current farming contract concluding after this year's second cutting, a new owner will have the freedom to farm, lease, or develop as they see fit, starting next season. What truly sets this property apart is its unique flexibility. A new driveway will be installed at closing, and the buyer will have the rare opportunity to choose its location, allowing for personalized access and layout planning. Properties like this are seldom available in the area, combining strong agricultural potential with the convenience of proximity to Central City. The home is not included in the sale: only 45.66 undeveloped ground and the Cleary building.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Farm
Interior
Basement
- Area: 0
Features
- Finished area above ground: 0
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1488.01
- Lease amount: 0
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Strong Wind
- Drought
- Inland Flooding
- Ice Storm
- Tornado
- Winter Weather
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Nebraska Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance | $535 | $6,420 |
| Property Taxes | $425 | $5,100 |
| Electricity | $124 | $1,493 |
| Total | $3,612 | $43,344 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-21 | Price change | $550,000 |
| 2025-08-21 | Listed for sale | $600,000 |
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