For sale

$240,000

6940 W Gage Rd, Hallam, NE 68368

5beds

3,406sqft

Est.:

Single Family Residence

Built in 1950

4 Acres Lot

$-- Zestimate^®

$70/sqft

$-- HOA

What's special

Peaceful rural settingVery solid bones

Positioned in a peaceful rural setting, this home sits on roughly 4-acres of grassland, which will be sold with the home. This former army barrack was moved here 10 years ago and now offers the rare chance to create massive equity through your value add of choice — fix and flip, BRRRR, Airbnb, or building your custom acreage starting with very solid bones. The expansive 5,226 square feet of this home requires a full renovation, making it an ideal blank canvas to transform potential into profit or paradise. Make it happen while sellers offer creative financing during your renovation period. The grassland surrounding the house will be divided off into roughly 4 acres prior to the sale of this property.

130 days

1,782

42

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 2
3/4 bathrooms: 2
Partial bathrooms: 1
Main level bathrooms: 4

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Bedroom 4

Level: Main

Bedroom 5

Level: Main

Basement

Area: 1820

Heating

Electric, Forced Air, Radiant

Cooling

Central Air

Features

Basement: Crawl Space,Walk-Out Access,Partial,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,406
Total interior livable area: 3,406 sqft
Finished area above ground: 3,406
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Exterior features: Other
Fencing: None

Lot

Size: 4 Acres
Features: Over 1 up to 5 Acres

Details

Parcel number: 0136300003000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Concrete Perimeter

Condition

Not New and NOT a Model
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Rural 3800S

HOA

Has HOA: No

Location

Region: Hallam

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $415,500
Annual tax amount: $5,922
Date on market: 12/9/2025
Listing terms: Conventional,Cash,Other
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/9/2025	Listed for sale	$240,000$70/sqft
Source: GPRMLS #22534521 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,340 +93.4%	$415,500 +35.3%
2024	$2,244 -75.4%	$307,100 -51.8%
2023	$9,107 +4.1%	$637,400 +27%
2022	$8,746 -0.4%	$502,000
2021	$8,785 +25%	$502,000 +18.2%
2020	$7,027 -9.4%	$424,800 -1.9%
2019	$7,759 -1.1%	$432,900 -0.9%
2018	$7,844 +5.7%	$436,800
2017	$7,424 +66.1%	$436,800 +67.7%
2016	$4,470	$260,400 +14%
2015	$4,470 +12.3%	$228,500 +7.9%
2014	$3,979	$211,700