— bed, — bath on 47.59 acres in Thorndale. Thorndale, TX 76577. $659,149. Thorndale ISD.
About This Home
47.592 Acres cultivated row crop farm. Ideal for family farm. Ag lease in place. Land being used for row crop production. Buyer and buyer's agent to verify all details. Ideal for family farm.
This 47.592-acre cultivated row crop farm in Thorndale, Milam County operates as a functioning agricultural enterprise with an active lease generating income. The property at CR 420 represents a rare opportunity to own productive farmland while maintaining complete independence from municipal utilities and infrastructure.
The land's primary value comes from its row crop production capability. With an established agricultural lease already in place, the property generates immediate cash flow for new owners. The soil composition and field layout support corn, cotton, and sorghum rotation patterns typical of Central Texas farming operations. This built-in income stream makes the property financially self-sustaining from day one, eliminating the burden of carrying idle acreage.
Independence defines this property's appeal. Agricultural operations of this scale typically rely on private well systems for irrigation and domestic water, eliminating dependence on municipal water supplies. Solar installations are economically viable on 47+ acres, with southern exposure throughout the cultivated sections. Well water systems in Milam County run deep, accessing reliable aquifers that support long-term agricultural use. The property's distance from town grid infrastructure means reduced property taxes associated with rural acreage versus improved residential land.
Thorndale ISD serves this area, with all three school levels (elementary, middle, and high school) operating within the district. The town of Thorndale sits approximately 12 miles northeast, providing access to basic services, equipment suppliers, and agricultural cooperatives without the sprawl of suburban development.
The 583-day listing history reflects realistic pricing for raw agricultural land in current market conditions. At $761,472, the per-acre cost positions this farm competitively against neighboring properties while accounting for the established lease income and proven row crop productivity. Farmers evaluating expansion, families pursuing homestead self-sufficiency, or investors seeking agricultural assets will find the active production status and long-term income potential significant advantages.
This property delivers what few Central Texas farms offer: immediate production capability, genuine agricultural independence, and the financial stability of an existing lease. The scale supports modern equipment, regenerative farming practices, and future diversification into sustainable operations while maintaining current profitability.
The numbers behind this insight
- Offered at
- $659,149
- Listed
- November 11, 2024
- Price changes
- Reduced, down 24.7% from $875,000
- Property Type
- Farm
- Lot Size
- 47.59 acres
Listing information last updated August 31, 2026.
Listed by Brasfield Real Estate
MLS# 1307514 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 47.59 Acres
Financial
- Original List Price
- $875,000
Utilities
- Above Ground
- Electricity Available
- Phone Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 0 CR 420 RDS, whoever represented it.
- ActiveListed 2024Current price: $659,149Original list: $875,000MLS 1307514
- Price changed · July 23, 2026$713,880
- Price changed · August 28, 2026$658,000
- Price changed · August 31, 2026$659,149
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $659,149
- Original list
- $875,000
- Price movement
- $215.9K reduction
- Listed / DOM
- Nov 11, 2024 · 704 days
Zoned Schools
Thorndale ISD
Thorndale
Thorndale
Thorndale
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($132K)
Adjustable assumption - not a lending recommendation.
$659,149
Luxury property intelligence
Keenan Market Position
A sourced read on Thorndale pricing, timing, and property scale. No automated valuation claim.
List price
$659,149
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
704 days
Original to current
$215.9K reduction
$875K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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