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1121 County Road 481, Alice, TX, 78332

--beds
--baths
0sqft
$625,000
--price/sqft
$5,325/moest. monthly cost
$213,000/yrincome needed

About This Home

El Rayo Ranch 124 acres – Jim Wells County Conveniently located just 5 miles south of Alice and 1 mile north of Ben Bolt, Rayo Ranch offers 124 acres of versatile South Texas land with a prime location and exceptional potential. With 663 feet of frontage on Highway 281 and 1,556 feet along County Road 48, this property combines accessibility, productivity, and recreational appeal. Approximately 50 acres of mature native brush provide excellent cover for wildlife, while the remaining acreage is productive farmland, currently planted in sesame. The fine sandy loam soils are well-suited for a variety of crops or improved pasture. The ranch is unimproved but equipped with power on site, an established water well with a submersible pump, and a solid road system throughout. There is no floodplain and no restrictions, giving a new owner full flexibility for agricultural, recreational, or commercial use. Wildlife is abundant, including deer, dove, hogs, and varmints—making it a great hunting property or weekend getaway. Its location on Highway 281 near town, combined with low agricultural taxes, also makes it ideal for potential residential or commercial development. Whether you’re looking for a productive farm, a recreational retreat, or an investment with growth potential, Rayo Ranch checks every box. Financial: $651,000 or $5,250 /acre. Seller to provide current survey and Standard Title Policy. Property is currently leased to a reputable farm tenant providing lease income.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
3/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Other
  • Roof: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Appliances

  • Laundry features: None

Features

  • None
  • Flooring: Other

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1255000900000
  • Horse amenities: Horses Allowed

Features

  • Residential vegetation: Partially Wooded
  • Horses can be raised: Yes

Lot

  • Lot size: 124.21 Acres
  • Features: Agricultural,Pasture

Parking

  • Parking features: None

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

  • Cold Wave
    Cold WaveVery High
  • Hurricane
    HurricaneVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Drought
Hail
Heat Wave
Inland Flooding
Ice Storm
Tornado
Lightning
Strong Wind

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$1,297$15,564
Property Taxes $630$7,560
Electricity $238$2,859
Total$5,325$63,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,571/yr
40% on housing$159,750/yr
45% on housing$142,000/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 2.3%
2.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 78332$394
Jim Wells County$321

vs Homes Sold Last Month

Median $/sqft

ZIP 78332$89
Jim Wells County$128

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

DateEventPrice
2026-04-21Price change$651,000
2026-02-19Listed for sale$682,000
2026-02-17Pending sale$682,000
2026-02-09Contingent$682,000
2026-02-09Pending sale$682,000
2025-11-11Listed for sale$682,000

For Sale by Agent

AgentJohn Lynd
BrokerageBluestem Ranch Group

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