Carrie Hill

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Listing provided courtesy of RE/MAX DFW Associates IV- MLS# 21152657MLS ProviderContact Information: Marlene Bowdon - 972-971-6006

OOO S Hwy 287Decatur, TX 76234

Vacant Land · 105.00 Acres
$6,250,000 Active

OOO S Hwy 287 Overview

Visits:
4

Developers and Investors Attention - HWY 287 between RHOME and DECATUR - 1249 feet of highway frontage perfect for future development. HWY 287 to become Interstate in the future and approval is underway! Rolling hills and stock ponds make this a beautiful location for development. Oil and Gas lease in play and so this sale is for Surface Rights only. Approximately 5 active wells and pipeline can be petitioned to be relocated once sale is closed. (TARGA is open to relocating pipeline). Current cattle lease on the property and can remain in place for AG EXEMPTION. These 105 acres to be sold as one sale with additional 204 acres for total price of $6,250,000.00 See MLS #21152649

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OOO S Hwy 287 Facts & Features

  • Type Vacant Land
  • Lot 105.00 Acres

Details

General

Association/HOA

  • Association: No

Distance to Services

  • Distance To Street Numeric: 225

School Information

  • School District: Decatur ISD
  • Elementary School: Young
  • Middle Or Junior School: Mccarroll
  • High School: Decatur

Business Information

  • Current Use: Cattle,Commercial,Other,Pasture

Location/Region

  • Country: US
  • County Or Parish: Wise
  • Postal City: DECATUR
  • Subdivision Name: None

Rent/Lease Information

  • Land Lease: Yes

Tax Information

  • Tax Annual Amount: 74.0

General Information

  • Disclosures: Deed Restriction,Easement(s)
  • Exclusions: Mineral Rights
  • Listing Terms: All Inclusive Trust Deed,Cash,Conventional,Contract,1031 Exchange,Federal Land Bank,Owner Will Carry,See Agent
  • Parcel Number: 739594
  • Possible Use: Agricultural,Cattle,Commercial,Dairy,Development,Grazing,Horses,Industrial,Investment,Livestock,Multi-Family,Mini Storage,Mixed Use,Pasture,Place of Worship,Ranch,Residential,Recreational,Retail,Unimproved
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: No

Interior

General Information

    Exterior

    Lot Information

    • Irrigation Source: Pipeline
    • Lot Features: Acreage,Pasture,Rolling Slope,Few Trees
    • Lot Size Acres: 105.0
    • Lot Size Area: 105.0
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 4573800.0
    • Lot Size Units: Acres
    • Number Of Lots: 2
    • Pasture Area: 305.0
    • Road Surface Type: Concrete,Gravel
    • Topography: Hill
    • Vegetation: Brush,Cleared

    Waterfront/View

    • Waterfront: No

    General Information

    • Fencing: Barbed Wire,Wire
    • Horse Amenities: Stock Pen(s)
    • Other Structures: Corral(s)
    • Road Frontage Type: Highway,Interstate

    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.

    OOO S Hwy 287 Monthly Cost

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    Tammy Farmer
    * 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.

    OOO S Hwy 287 Market Data

    Based on the last 30 days in this zip code

    $722,432
    Average List Price
    $283
    Average Price per Square Foot
    36
    Properties Sold
    115
    Average Days on Market
    190
    Properties for Sale
    Calculations provided by Reliance Network


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