19514 S Fm 4, Lipan, TX 76462

$1,036,000

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List Price
$1,036,000
MLS#
21277481
Status
ACTIVE
Type
Land
Subtype
Land
Acres
64.33
County
Palo Pinto
City
Lipan

Property Description

WATER, WATER, WATER! Rare Opportunity To Own 64+ Acres On The Santo-Lipan Boundary Line Featuring Exceptional Water Resources & Endless Potential. This Property Offers Two Existing Santo Water District Meters — A Highly Valuable Feature As New Water Meters South Of Interstate 20 Are Currently Unavailable. In Addition, The Property Includes A Refurbished Water Well With New Casing & Solar Pump Producing Approximately 8 Gallons Per Minute. The Land Is Well Equipped With A Seasonal Creek, Three Stock Tanks Including One Approximately 3 Acres In Size & 25 Feet Deep, Making This An Outstanding Property For Livestock, Recreation, Or Future Development. Currently Used For Grazing Cattle, The Ranch Features New Perimeter Fencing, A Newly Constructed Entrance Off FM 4, & An Elevated Driveway. Additional Improvements Include Existing House & Shop Pads, A 15x30 Storage Building, Electric Meter & Overhead Power Lines At The South End Of The Property. Much Of The Acreage Has Been Cleared While Still Maintaining Beautiful Native Brush & Large Oak Trees, Especially Along The Creek Areas, Creating A Scenic Blend Of Open Pasture & Natural Texas Landscape. Located In Highly Desired Santo ISD With Approximately 2,500 Feet Of FM 4 Frontage & Only 3 Miles To Interstate 20 For Convenient Access To Fort Worth Or Abilene. Excellent Soil In The Area Supports Sudan & Wheat Production Nearby. Refer To Survey For Boundary Lines & Flood Plain Information. This Property Truly Checks The Boxes With Incredible Water Features, Accessibility, Agricultural Use, Recreational Appeal, & Development Potential. Owner May Consider Short-Term Financing With Large Down Payment.

Additional Information

Lot Size
2,802,171
Acres
64.33
Lot Description
Agricultural, Cleared, Hardwood Trees, Pasture, Pond(s), Trees
School District
Santo Isd
Elementary School
Santo
Middle School
Santo
High School
Santo
Possession
CloseOfEscrow, Negotiable
Proposed Use
Agricultural, Cattle, Grazing, Horses, Hunting, Investment, Livestock, Ranch, Single Family

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Calculator source: Real Geeks

Listing courtesy of Jymmy Kay Cox from Texas West Real Estate LLC. Contact: (817) 694-6045