Welcome to the 7L Ranch! Nestled in Lost Valley, Jack County, Texas, this stunning property offers breathtaking views and endless starry nights, just 14 miles from Jacksboro and 1.5 hours from Fort Worth. Ideal for hunting, fishing, horseback riding, and peaceful retreats, 7L Ranch features dramatic elevation changes, oak-covered ridges, and expansive views. The ranch is 70% wooded with well-maintained roads and trails. A newly constructed lake with a picturesque island is perfect for gatherings, equipped with electricity for camping. The property includes six ponds, seasonal creeks, and abundant wildlife, including deer, turkey, dove, and hogs. A 2BR, 2BA home offers privacy and comfort with spacious living areas and covered porches. Enjoy campfires and stargazing at 7L Ranch, a haven for outdoor enthusiasts. DRONE VIDEO AVAILABLE UNDER HYPERLINK
Last updated on: 11/22/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Jacksboro Elementary School
1677 N Main St
Distance between this listing and this school11.77 miles
Public District Grades PK-5
4
/10
Graham Elementary School
1219 Cliff Dr
Distance between this listing and this school17.01 miles
Public District Grades PK-5
7
/10
Windthorst Elementary School
100 St Marys Dr
Distance between this listing and this school20.84 miles
Public District Grades PK-5
Nearby Schools
5
/10
Jacksboro Middle School
812 W Belknap St
Distance between this listing and this school12.22 miles
Public District Grades 6-8
5
/10
Graham Jr High School
1000 2nd St
Distance between this listing and this school17.08 miles
Public District Grades 6-8
8
/10
Windthorst Jh
100 St Marys Dr
Distance between this listing and this school20.84 miles
Public District Grades 6-8
Nearby Schools
7
/10
Bryson School
300 N McCloud St
Distance between this listing and this school7.94 miles
Public District Grades PK-12
4
/10
Jacksboro High School
1400 N Main St
Distance between this listing and this school12.04 miles
Public District Grades 9-12
2
/10
Graham Learning Center
701 Tennessee St
Distance between this listing and this school17.02 miles
The neighbors living near this home have an average income of $45,982. Residents of Jack County, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7638 Fm 1191 N
What is the listing price of this property?
The listing price of 7638 Fm 1191 N property is $3,499,000.
What type of property is this?
The property 7638 Fm 1191 N is land located in Jermyn, Texas, 76459.
Is this property for sale now?
Active Listing: 7638 Fm 1191 N is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7638 Fm 1191 N in Jermyn, TX and zip code 76459. This home sits on a 530.00 acre lot. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $3,499,000.
Between September 2024 and October 2024, Jack County, TX real estate market has seen increase in the number of listings by 12.8%. The median list price of listings available in October 2024 was $249,900, while the average time on the real estate market was 105 days.
From Rocket Homes Real Estate and based on county public records data.