$4,570,000

260.39± Acres

Active

Fannin County, TX

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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

Lat/Long: 33.524851, -96.376683

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

Extra Information

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

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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 October 23, 2024 at 12:00:00 AM 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: October 23, 2024 at 12:00:00 AM UTC

Listed By: Kelby Shaw