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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 4,570,000

Est. payment | -/mo

260.39 Acres Lot

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$ 4,570,000

Est. payment | -/mo

Save Virtual Tour

260.39 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Pending

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20518916

HOA Y/N No

Year Built 1986

Annual Tax Amount $962

Lot Size 260.390 Acres

Acres 260.39

Property Sub-Type Ranch

Property Description

It is rare a property of this size comes on the market. Being only 65 miles from Dallas, 30 miles to McKinney, or 20 miles to Sherman it gives the property great investment potential or the opportunity to enjoy the country. This is 260 acres of prime investment property with 0.5 mile of road frontage being used for farming and ranching. Approximately 185 acres is being farmed (Corn and wheat) with the other 75 acres being utilized for pasture. There are 2 houses on the property. One of them being 2822 sq-ft and the other being 1656 sq-ft. Both of them are currently rented providing additional income to the property. There is also a 100'X100' shop on the property being used by the tenant farmer. There is a pipeline and high-power transmission line across the property. There is NO FEMA floodplain.

Location

State TX

County Fannin

Zoning NONE

Direction From 4 way stop in WW take a right on 69. Then left to Bond St - FM 898 head North for 2.8 miles and the property will be to your left. The address works for Apple Maps, but not Google Maps.

Interior

Heating Heat Pump

Cooling Central Air

Fireplace No

Exterior

Fence Barbed Wire

Utilities Available Electricity Available, Septic Available, Water Available

Water Access Desc Community/Coop

Present Use Agricultural,Cattle

Street Surface Asphalt

Road Frontage All Weather Road

Private Pool No

Building

Lot Description Acreage, Agricultural

Sewer Aerobic Septic

Water Community/Coop

Schools

Elementary Schools Whitewright

Middle Schools Whitewright

High Schools Whitewright

School District Whitewright Isd

Others

Tax ID 000000070271

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20518916

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

10948 Fm 898 Whitewright, TX 75491

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Schools

Others

10948 Fm 898