20 Photos

$424,900

0000 State Highway TT

N/A, Falcon, Missouri, 65470

MLS® 26062442 · Listed by Jade Realty

0 bedroomsFarm0 days on marketLot 4005777.60$74 taxes (2025)

About this property

Beautiful 61.96-acre tract offering a combination of productive open ground, rolling terrain, multiple ponds, and impressive long-range views. Currently used for grazing cattle, the property is predominantly open pasture with approximately 90% open ground, providing plenty of usable acreage for livestock, agricultural use, or a future homesite. The terrain offers a mixture of rolling and level ground, with several elevated points overlooking the surrounding countryside. There are multiple potential building sites, including an especially attractive location on the approximately 14-acre portion of the property. This area sits at one of the higher elevations, provides additional privacy and separation from the remainder of the acreage, has its own pond, and offers expansive views that stretch for miles. A blacktop highway runs through the property, with approximately 14 acres situated on one side and the balance of the acreage on the other. Two improved entrances, one serving each side of the property, feature solid pipe construction and metal gates. Electric runs along the highway, providing convenient access for future improvements. There are no restrictions. Water is another strong feature of the property, with three good-sized ponds located throughout the acreage. All three have continued to hold a substantial amount of water even through recent dry conditions. A dry creek also runs along the lower portion of the property. The acreage is mostly fenced with barbed-wire fencing, with approximately 5–8 acres currently unfenced. With its extensive open ground, existing fencing, multiple ponds, and convenient highway access, the property is well suited for its current use of grazing cattle and has the versatility to accommodate a variety of other livestock or agricultural uses. Located approximately 20 miles south of Lebanon, Missouri, the property offers a rural setting while still being in close proximity to a larger town. Whether continuing its current agricultural use, establishing a livestock operation, building a home overlooking the surrounding countryside, or combining residential and agricultural uses, this 61.96-acre property provides a substantial amount of usable ground, water, fencing, access, and multiple possibilities for future improvements.

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Estimated value

$421,017

Estimated range: $403,773 – $438,261 · 4% confidence

Estimated value by month

Estimated value trend from Oct 2025 ($365,493) to Sep 2026 ($421,017)Oct 2025Sep 2026

This is an automated estimate based on MLS® market data — not an appraisal or a substitute for professional advice.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldAug 31, 2026

$425,000

Listed at $449,900

Rural, Lebanon, Missouri

0 bd · Farm

SoldAug 14, 2026

$445,000

Listed at $467,250

N/A, NA, None, 0, Williamsburg, Missouri

0 bd · Farm

SoldJul 28, 2026

$457,188

Listed at $499,000

None, Fredericktown, Missouri

0 bd · Farm

SoldJun 29, 2026

$433,100

Listed at $475,000

N, Shelbina, Missouri

0 bd · Farm

MLS® data for this listing last updated Sep 28, 2026.

Market snapshot

The N/A, Falcon market

Closed sales in N/A, Falcon over the last 12 months.

$451,500

Median sold price

98

Avg. days on market

2

Homes sold

Median sold price by month

Median sold price trend from Jun 2026 ($265,000) to Aug 2026 ($638,000)Jun 2026Aug 2026