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County Road 1990, Chico, TX, 76431

2beds
1baths
900sqft
$999,900
$1,111price/sqft
$7,258/moest. monthly cost
$290,320/yrincome needed

About This Home

Discover a rare opportunity to own 50.5 acres of beautiful North Texas countryside in Chico, offering a unique blend of open pasture, scattered hardwoods, and peaceful seclusion. This versatile property provides the ideal setting for a working ranch, recreational retreat, or future homesite, while also benefiting from an agricultural exemption for added tax advantages. The majority of the acreage is located in Wise County, with a portion extending into Jack County. As you enter through the gated access, you’re immediately welcomed by expansive views and a sense of privacy that is increasingly hard to find. At the heart of the property lies a scenic lake of about 5 acres, creating a stunning focal point and offering excellent opportunities for fishing, wildlife watching, and enjoying quiet evenings overlooking the water. The land itself is thoughtfully laid out with a balance of open, usable acreage and tree coverage, making it well-suited for livestock, wildlife, or simply enjoying the outdoors. Fully fenced with multiple gated entry points, the property allows for easy access, functionality, and flexibility for a variety of uses. Adding to its appeal is a well-maintained barndominium offering just (over or under) 900 square feet of comfortable living space with two bedrooms and one full bathroom along with an open-concept living and kitchen area. The layout provides both functionality and comfort, making it ideal for full-time living, weekend stays, or guest accommodations. With well water, septic, and electricity already in place, the property is fully equipped and ready for immediate enjoyment, while still offering plenty of room to expand or build your dream home. Whether you’re looking for a private escape from the city, a recreational property to enjoy with family and friends, or a long-term land investment with strong fundamentals, this property offers versatility, natural beauty, and lasting value in a highly desirable area of Wise County.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
Chico Elementary SchoolGrades PK-58.4 mi
5/10
Chico Middle SchoolGrades 6-88.1 mi
5/10
Chico High SchoolGrades 9-128.2 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Disposal,Microwave
  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 8

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Open Floorplan
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 900 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Kitchen Island,Stone Counters
  • Level: First
  • Dimensions: 15 x 11

Laundry

  • Level: First
  • Dimensions: 6 x 3

Living Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 16 x 15

Master Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 12

Other

  • Features: Built-in Features
  • Level: First
  • Dimensions: 9 x 8

Property

Details

  • Parcel number: 7933570, 202300001000108000000

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Front Porch
  • Fencing: Full
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 50.50 Acres
  • Features: Acreage,Many Trees

Parking

  • Total spaces: 1
  • Parking features: Attached Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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

  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Wildfire
Cold Wave
Hail
Heat Wave
Strong Wind
Tornado

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 $5,056$60,672
Home Insurance *$1,056$12,672
Property Taxes $908$10,896
Electricity $238$2,859
Total$7,258$87,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,845/yr
40% on housing$217,740/yr
45% on housing$193,546/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: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,111This listing

vs Other Active Listings

Avg $/sqft

ZIP 76431$230
Wise County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 76431$200
Wise County$178

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)

Price History

DateEventPrice
2026-03-20Listed for sale$1,050,000

For Sale by Agent

AgentTommy Dyer
BrokerageColdwell Banker Realty

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