10948 Fm 898, Whitewright, TX 75491

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List Price
$4,570,000
MLS#
20518916
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1986
Acres
260.39
County
Fannin
City
Whitewright
Subdivision
NA

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.

Additional Information

Unexempt Taxes
$962
Lot Size
11,342,588
Acres
260.39
Lot Description
Agricultural
School District
Whitewright Isd
Elementary School
Whitewright
Middle School
Whitewright
High School
Whitewright
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Development, Grazing, Investment, Pasture, Ranch, Residential, Recreational, Single Family

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Kelby Shaw from Bois d'Arc Realty, Inc.. Contact: 903-818-9258

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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