Land For Sale – – – – Price $3,150,000 – 20416689

Property Description

Beautiful acreage with a mixture of farmland, pastureland, trees, creek and ponds situated on the northeast corner of FM 816 and County Rd
1016. The property is situated between Leonard and Wolfe City, primarily in Hunt County and partially in Fannin County. Corner property with a total of over 3,500 feet of frontage on FM 816 and County Rd 1016. Highly accessible to the expanding S.H. 121 corridor, providing connectivity into the northern developing suburbs of Dallas. The property’s frontage on FM 816 provides for quick accessibility to U.S. 69, S.H. 11 and S.H. 78. The majority of this property is inside of an Opportunity Zone providing for the possibility of unique tax benefits. This property is located purely in the county. Ideal land investment opportunity. Marketing package available upon request.

Basic Details

Property Type: Land
Listing Type: For Sale
Listing ID: 20416689
Price: $3,150,000
Lot Area: 252.19 Acre
Listing Status: Expired
Office Name: Glasco Commercial Real Estate, LLC
Agent Name: Grant Glasco
Property Sub Type: Unimproved Land

Features

Fence Partial,Barbed Wire
Utilities Electricity Available,Water Available
Waterfront Features Creek

Address Map

Country US
State TX
County Hunt
City Wolfe City
Zipcode 75496
Street: Fm 816
Street Number: 2626
Directions: From S.H. 121 in Melissa, go to S.H. 160 & exit south toward Blue Ridge. Take a quick left onto S.H. 78 toward Leonard & continue through Leonard. Take a right onto U.S. 69, then a quick left onto FM 272. Continue for just over 6 miles on FM 272 (becomes FM 816) to the subject property at C.R. 1016.

Neighborhood

Elementary School: Wolfecity
Elementary School District: Wolfe City ISD
High School: Wolfecity
High School District: Wolfe City ISD
Middle Or Junior School District: Wolfe City ISD
Middle School: Wolfecity

Additional Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20416689
Water Source: Community/Coop
Current Use: Agricultural
Lot Features: Cleared,Corner Lot,Acreage,Many Trees,Wooded,Agricultural,Pasture,Pond
Possible Use: Agricultural,Cattle,Commercial,Development,Grazing,Horses,Hunting,Investment,Manufactured Home,Mobile Home,Mixed Use,Pasture,Ranch,Residential,Recreational,Single Family