10948 Fm 898 Active

Whitewright,TX 75491

$ 4570000

- Bed

- Bath

- SqFt


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

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