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Whitewright,TX 75491
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20518916
Year Built 1986
Annual Tax Amount $962
Lot Size 260.390 Acres
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
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Fence Barbed Wire
Utilities Available Aerobic Septic,All Weather Road,Asphalt,Co-op Electric,Co-op Water
Building
Lot Description Acreage,Agricultural
Schools
Elementary Schools Whitewright
Middle Schools Whitewright
High Schools Whitewright
School District Whitewright Isd
Others
Acceptable Financing 1031 Exchange,Cash
Listing Terms 1031 Exchange,Cash