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$6,250,000

Est. payment - /mo

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204 Acres Lot

Active

TBD Hwy 287 Highway S Rhome, TX 76078

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21152649

HOA Y/N None

Annual Tax Amount $144

Lot Size 204.000 Acres

Acres 204.0

Property Sub-Type Unimproved Land

Property Description

Developers and Investors ALERT- this property has great potential with preparation underway for HWY 287 to become an interstate. Property will sell with adjoining 105 acres that is listed under MLS#21152657. Total of 309 acres - $6,250,000.00 combined price. ACREAGE PRICE IS SKEWED DUE TO PRICING FOR TOTAL OF 309 ACRES. Mineral rights to be retained and surface rights only - Oil and Gas lease with approximately 5 well heads active on the property and per TARGA they are open to relocating the pipeline if needed. This can be done upon closing. Current cattle lease in play and can remain on the property for AG EXEMPTION.

Location

State TX

County Wise

Zoning Agricultural

Direction North on Hwy 287 from 121 and then property sits on South Side of Hwy past Rhome as you enter Decatur area. See GPS. From 380 West - south on 287 and property is on the right just outside of Decatur.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Fence Barbed Wire, Fenced, Wire

Utilities Available Gravel/Rock

Street Surface Gravel

Lot Frontage 1269.0

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Few Trees, Hilly, Pasture, Tank/ Pond

Schools

Elementary Schools Young

Middle Schools Mccarroll

High Schools Decatur

School District Decatur Isd

Others

Restrictions Agricultural,Easement(s),Pipeline,Surface Lease(s)

Acceptable Financing 1031 Exchange, All Inclusive Trust Deed, Cash, Contact Agent, Conventional, Federal Land Bank, Owner Will Carry, Private Financing Available

Listing Terms 1031 Exchange, All Inclusive Trust Deed, Cash, Contact Agent, Conventional, Federal Land Bank, Owner Will Carry, Private Financing Available

Special Listing Condition Aerial Photo, Pipeline, Utility Easement, Verify Rollback Tax, Verify Tax Exemptions

Virtual Tour https://mls.shoot2sell.com/highway-287-south-rhome-tx-76078#Videos

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Marlene Bowdon • RE/MAX DFW Associates IV

TBD Hwy 287 Highway S Rhome, TX 76078

James Biedenharn

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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TBD Hwy 287 Highway S