$4,570,000
260.39 acres | #20518916

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.

  • Property Details
      • Lot description:Acreage, Agricultural
      • Acres:260.3900
      • Property type:Purchase
      • Year built:1986
      • Utility features:Aerobic Septic, All Weather Road, Asphalt, Co-op Electric, Co-op Water
      • Subdivision:NA
      • School district:Whitewright ISD
      • Elementary School:Whitewright
      • County:Fannin
      • MLS #:20518916
      • Cost:4570000
      • Property subtype:Ranch
      • MLS #:20518916

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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