Tbd Hwy 287 Highway S, Rhome, TX 76078

$6,250,000

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List Price
$6,250,000
Price Change
▲ $2,125,000 1770160989
MLS#
21152649
Status
ACTIVE
Type
Land
Subtype
Land
Acres
204
County
Wise
City
Rhome

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. 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.

Additional Information

Unexempt Taxes
$144
Lot Size
8,886,240
Acres
204
Lot Description
Agricultural, Cleared, Pasture, Pond(s), Sloped, Few Trees
School District
Decatur Isd
Elementary School
Young
Middle School
Mccarroll
High School
Decatur
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Commercial, Development, Industrial, Investment, Livestock, Multi-Family, Storage, Mixed Use, Pasture, Place Of Worship, Ranch, Residential, Recreational, Retail, Single Family, Warehouse

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Marlene Bowdon from RE/MAX DFW Associates IV. Contact: 972-971-6006