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Listing provided courtesy of Bois d'Arc Realty, Inc.- MLS# 20518916MLS ProviderContact Information: Kelby Shaw - 903-818-9258

10948 Fm 898Whitewright, TX 75491

Vacant Land · 260.39 Acres
$4,570,000 Pending

10948 Fm 898 Overview

Visits:
6

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.

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10948 Fm 898 Facts & Features

  • Type Vacant Land
  • Lot 260.39 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Whitewright ISD
  • Elementary School: Whitewright
  • Middle Or Junior School: Whitewright
  • High School: Whitewright

Building Information

  • Year Built: 1986

Business Information

  • Current Use: Agricultural,Cattle

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: WHITEWRIGHT
  • Subdivision Name: NA

Tax Information

  • Tax Annual Amount: 962.0

General Information

  • Exclusions: Cattle panels, chute, equipment
  • Listing Terms: Cash,1031 Exchange
  • Possible Use: Agricultural,Cattle,Development,Grazing,Investment,Pasture,Ranch,Residential,Recreational,Single Family
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Cultivated Area: 185.0
    • Lot Features: Acreage,Agricultural
    • Lot Size Acres: 260.39
    • Lot Size Area: 260.39
    • Lot Size Square Feet: 1.13425884E7
    • Lot Size Units: Acres
    • Pasture Area: 75.0
    • Road Surface Type: Asphalt
    • Vegetation: Grassed,Partially Wooded
    • Water Source: Community/Coop

    General Information

    • Fencing: Barbed Wire
    • Road Frontage Type: All Weather Road
    • Sewer: Aerobic Septic
    • Utilities: Electricity Available,Septic Available,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    10948 Fm 898 Market Data

    Based on the last 30 days in this zip code

    $544,604
    Average List Price
    $262
    Average Price per Square Foot
    3
    Properties Sold
    106
    Average Days on Market
    51
    Properties for Sale
    Calculations provided by Reliance Network


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