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4100 Reining Rd - 189 Acres 4 miles West of Aubrey Tx

188.69 Acres of Agricultural Land Offered at $13,200,000 in Aubrey, TX 76227

Investment Highlights

  • • 188.694 Acres Ag Exempt
  • • Expansive Barn offices , Equipment and Shavings Barns
  • • Covered Round Pen and Priefert Walker, Lab and Collection Area
  • • 234 Stalls (Fully Leased)
  • • Covered Arena 150' x 400' + 40' Overhang
  • • Owners and Trainers Apartment • Hay Shavings and Equipment Barn • Staff housing - 7 apartments • Foremans House

Executive Summary

Discover prestigious Cardinal Ranch, an iconic reining horse breeding & training facility nestled in the heart of north Texas Horse Country. Highly desirable facility fully leased offering investment opportunities. 188 acres located off FM 428 in Denton County, Texas. This extraordinary ranch has become synonymous with excellence in the industry. An integral part of the Cardinal Ranch's legacy is its distinction as the esteemed home of the annual Legacy Sale—an event that showcases the finest reining horse, drawing discerning buyers from around the world. At the heart of Cardinal Ranch features 60,800+ sqft main riding arena flanked by main show barns offering 66 stalls. Adding is the main lobby, offices, viewing area, owners & trainer offices and apartments, covered Priefert horse walker & a round pen. Four additional barns the facility offers 234 stalls total. Main Barn: 66 stalls, NW barn on hill 24-stall barn, Stallion barn 48-stall barn, two separate mare motels w 48 stalls each. Water well, cross fencing, well-designed concrete driveways and parking areas, durable gravel interior roads, and underground electric lines. Worker apartments, equipment & grain storage, hay sheds, & manager's house. Water well, cross fencing, well-designed concrete driveways and parking areas, durable gravel interior roads, and underground electric lines.

Data Room Click Here to Access

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual $99,999
Annual Per AC $9.99
Vacancy Loss
Annual $99,999
Annual Per AC $9.99
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $13,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 188.69 AC

1 Lot Available

Lot

Price $13,200,000
Price Per AC $69,956
Lot Size 188.69 AC

188 acres located off FM 428 in Denton County, Texas. Partially in ETJ and City Limits of Denton. 4 miles west of Aubrey Tx.

  • Listing ID: 32279289

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 4100 Reining Rd, Aubrey, TX 76227

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