$4,570,000
260.39± Acres
Active
Fannin County, TX

10948 Fm 898, Whitewright, Texas

MLS ID: 20518916
Status: Active
Price: $4,570,000
Acres: 260.39±
Type: Ranch, Land
Address: 10948 Fm 898
City, State: Whitewright, TX
County: Fannin County
ZIP Code: 75491
Parcel Number: 000000070271
Year Built: 1986

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.

Directions: 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.

Additional Information

Interior

Cooling (Yes/no): Yes
Cooling: Central Air
Heating (Yes/no): Yes
Heating: Heat Pump

Exterior

Fencing: Barbed Wire
Lot Features: Acreage, Agricultural
Lot Size Area: 260
Lot Size Square Feet: 11,342,588
Pasture Area: 75
Road Frontage Type: All Weather Road
Road Surface Type: Asphalt
Water Source: Community Coop

Financial/HOA/Schools

Cultivated Area: 185
Elementary School: Whitewright
Elementary School District: Whitewright ISD
Middle School: Whitewright
Middle School District: Whitewright ISD
High School: Whitewright
High School District: Whitewright ISD
Subdivision Name: Na
Tax Annual Amount: 962
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 15, 2024 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 15, 2024 at 12:00:00 PM UTC

Listed By: Kelby Shaw of Bois D'arc Realty, Inc.