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.
20518916
Farm, Ranch, Ranch
Fannin
1986
260.39
Acres
Septic Tank
Agricultural, Cattle, Development, Grazing, Investment, Pasture, Ranch, Recreational, Residential, Single Family
NA
Agricultural, Cattle
School Information
Whitewright ISD
Whitewright
Whitewright
Whitewright
Interior Features
- Cooling
- Central Air
- Heating
- Other. Heat Pump.
Exterior / Lot Features
- Zoning
- NONE
- Additional Exterior/Lot Features
- Wooded, Agricultural.
Financial Considerations
000000070271
$962
1031 Exchange, Cash
Arrows indicate 90 day trend
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