$1,850,000
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73.91 Acres Lot
SOLD DATE : 12/05/2023
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20453311
Sold Date 12/05/23
HOA Y/N None
Annual Tax Amount $46
Lot Size 73.914 Acres
Acres 73.914
Property Description
Located just 2.5 miles from the heart of Springtown, Texas lies this beautiful 73.914-acre property prime for development or an investment purchase with loads of potential. Offering an easy commute, just off HWY 199 and less than 30 miles from downtown Fort Worth, the area is well suited for people looking to get away from overcrowding and make a home in more of a country setting. Offering Walnut Creek Co-op water along the road, the possibility of 1-acre lots in a desirable area provides a great opportunity for a builder or mid-level developer to capitalize on a hot area in the real estate market. Located near the front of the property is a 1.25 acre pond that has been stocked with fish. The western boundary of the property is Woody Creek with a narrow band of 100-year floodplain along it. The gentle sloping terrain is a host to nicely scattered pecan and oak trees throughout. The property is ag exempt with good grass for grazing, making it an easy option to hold for a longer term.
Location
State TX
County Parker
Zoning unzoned
Direction From the intersection of HWY 51 and HWY199 head east on HWY 199 for 1.3 miles to Highland Rd. Turn right onto Highland Rd and continue for 1 mile to Sessums Rd. Turn right onto Sessums Rd and continue for 0.1 miles. The entrance is located on the right side of Sessums Rd at the 90-degree turn.
Exterior
Fence Barbed Wire, Fenced, Perimeter
Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Outside City Limits
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Few Trees, Irregular Lot, Many Trees, Mesquite, Oak, Tank/ Pond, Undivided, Varied
Schools
Elementary Schools Springtown
Middle Schools Springtown
High Schools Springtown
School District Springtown Isd
Others
Restrictions No Known Restriction(s)
Ownership LBK Land Co, LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Garrett Mauldin • Slate Real Estate