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24687-fm-902-collinsville-tx-High-Res45 22
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24687-fm-902-collinsville-tx-High-Res46 24
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Price $3,800,000 USD
Status Active
Year Built 2000
Lot Size 254 acres
MLS 48917
County Grayson County
Categories
Country Home
Ranch Farm
Resources

24687 FM 902
Collinsville, TX, United States

Amenities

Ceiling Fan, Walk-In Closets.

Appliances

Ceiling Fans, Central Air Conditioning, Dishwasher, Disposal, Dryer, Kitchen Island, Microwave Oven, Range/Oven, Refrigerator, Washer & Dryer.

Interior features

Air Conditioning, Breakfast bar, Ceiling Fans, Furnace, Granite Counter Tops, Hot Tub/Jacuzzi/Spa, Kitchen Island, Walk-In Closet, Washer and dryer.

Rooms

Kitchen/Dining Combo.

Exterior features

Barbecue, Fencing, Outdoor Living Space, Patio, Sprinkler, Storage Shed.

View

Scenic View, View.

Description

Property Description: This is an investment that you can enjoy as a full or part time retreat. Whether you farm the land yourself or lease it to one of the nearby farmers, you have the ability to make money while keeping the ag exemption to keep your real estate taxes low. Equestrian opportunities are also possible due to the existing fields of coastal Bermuda, sandy loam soil (great for horses) and location in the middle of the North Texas horse country. But the real opportunity is the location in the path of growth for the growing north Texas population growth. Someday in the near future, the opportunity to develop the property with single-family homes will be an option. Location: The property is located just over 1 hour from either downtown Dallas or Fort Worth, in the southwestern quadrant of Grayson County. The address is 24687 FM 902, Collinsville, 76233, and is located just east of downtown Collinsville, TX. The property is less than 10 miles west of the future extension of the North Dallas Tollway. Road Frontage/Shape: The ranch is located on the north side of Farm to Market 902 and has approximately 3,079 feet of road frontage and generally rectangular in shape with a depth of approximately 3,700 feet. Land and Vegetation: This ranch features some of the most pristine hay producing farms in the area, with between 170 and 200 acres being in costal Bermuda hay production. They get a minimum of 3 cuttings a year and sometimes as many as 5 cuttings, depending on the weather. The hay produced is a mixture of square horse bales, round horse bales and round cow bales. The majority of the property is ag exempt. In addition to the excellent improved pasture, the house sits in the middle of an incredible orchard of trees which also are sprinkled along the southern portion of the property as well as lining the main entry/drive to the main residence. Water: The property is located in the both the City of Collinsville Water Utility District as well as the Two-Way Special Utility District. A water well (currently not being utilized) is located at the front of the property inside the fence. A water meter is located at the northern portion of the property. There are several small stock ponds throughout the property and a draw or tributary that exists near the eastern boundary line of the property with approximately 10 acres in the flood plain (according to the survey.) Terrain/Topography: The terrain of this property is very level, and ideal for production. There are approximately 10 to 20-foot elevation changes near the southeast corner of the property. Soil types on the property included Maybank loam, Crockett loam, and a small portion of Whitesboro soils. Improvements: A nice brick and pipe fence entry, and tree lined driveway lead to a well-maintained brick home that was built in 2000. The 3,000-sf home has 4 bedrooms and 3 baths. There is an asphalt drive from the road to the three-car attached garage and a circle driveway at the front entry. The area around the house is attractively landscaped and irrigated with nice fencing around the house as well. Outside living is encouraged whether sitting on the front covered porch, on the back patio or around the fire/BBQ pit. An underground electric line comes up from FM 902 to the main house. The metal equipment barn is 50’ x 75’ with concrete floors and three large roll-up doors (2-12’Wx12’H and 1- 14’W x 12’H) and 14’ walls. The hay barn is 50’ x 120’, with all but the last 20’ being concrete flooring. It has 16’ walls and a large 20’W double door that is 16’H. there are 2-16’W x 14’H rollup doors as well. The barn will hold up to 11,000 square bales of hay. A scale house (15’x40’ with water and bathroom) with large truck scale is located in front of the hay barn. Minerals: There is production on the ranch, with three existing wells. The seller owns a small amount but is not conveying any of the minerals.

Presented by

1429563787

David Burgher
Briggs Freeman Sotheby's Intl. Real
Broker Associate Ranch & Land
Main: +1 214 353 6600
Mobile: +1 214 213 8715
Direct: +1 214 213 8715

1429564000

Harlan Ray
Briggs Freeman Sotheby's Intl. Real
Sales Associate Ranch & Land
Main: +1 214 353 6600
Mobile: +1 214 908 7770
Direct: +1 214 908 7770

1406225367 View Business Profile

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