$1,089,492
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159.05 Acres Lot
SOLD DATE : 04/15/2024
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision J Robinson
MLS Listing ID 20588042
Sold Date 04/15/24
HOA Y/N None
Lot Size 159.050 Acres
Acres 159.05
Property Description
Rare in North Texas, approximately159.05 acres of pasture located right outside of Ladonia TX and just a hop to the newly built Lake Ralph Hall. It is very close to FM Road 64 and also across from the Ladonia Rodeo Arena and extend all the way to CR 3665. This is a great property to build a home and enjoy the quietness of the country. There are 3 ponds and trees nicely scattered throughout the property. It has lot of frontages on CR 3660. This is a nice property with character, well located close to town and the new Ralph Hall Lake which is under construction right now. It is in agricultural exemption to keep the lowest tax rate and there is no known restrictions. This land has been in the same family for 3 generation, and it is the 1st time on the market. Great investment property for a 1031 Tax Free Exchange. Come check it out anytime. Call me for more details.
Location
State TX
County Fannin
Zoning Ag Exemption
Direction In Ladonia, TX go to FM 64 go right to CR 3660 to property on the left. Sign at the gate. jump the gate to walk the property and do NOT mess with the cows. Thank you.
Exterior
Fence Barbed Wire, Cross Fenced
Utilities Available All Weather Road, Electricity Available, Gravel/Rock, Overhead Utilities, Phone Available, Propane, Rural Water District, Septic, No City Services
Street Surface Dirt,Gravel
Garage No
Building
Lot Description Acreage, Agricultural, Few Trees, Irregular Lot, Many Trees, Pasture, Tank/ Pond, Undivided
Schools
Elementary Schools Fannindell
Middle Schools Fannindell
High Schools Fannindell
School District Fannindel Isd
Others
Restrictions Agricultural,No Known Restriction(s)
Ownership Burnett
Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank
Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank
Financing Conventional
Special Listing Condition Aerial Photo
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Bought with PAT FOURNIER • FMI REALTY
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+1(817) 881-1033 | farren@realtorindfw.com