6718 Fm 175, Henrietta, TX 76365

$2,160,000

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List Price
$2,160,000
MLS#
21269913
Status
ACTIVE
Type
Land
Subtype
Land
Acres
320
County
Clay
City
Henrietta

Property Description

This 320 +or- acre ranch lies in both Clay and Jack Counties, between Shannon and Antelope. It has a fenced perimeter and three cross fenced pastures. The front pasture has native grasses; the middle pasture has some improved coastal. The back pasture is mostly mature post oaks and rises up a 40 ft slope to a hill in the corner. The land has paved road frontage on FM 175 and is within a five minute drive to both Hwy 148 (to Henrietta-Jacksboro) and Hwy 281 (to Wichita Falls-Jacksboro). 4 ponds provide water for livestock, with at least one in each pasture. The front pasture also has access to a water well, which is for the house. This house is in need of a complete gut job and adds minimum value to the overall value of the property; a trailer house is also on site that is not in good condition either. The utilities are in place here though – water well, electricity and septic system. A metal barn is also on site. The Richardson Ranch is suitable for both cattle ranching AND hunting, with grazing in the first two pastures and hunting in the back oaks. Whitetails here can get bulky, with the native feed from the acorns and browse. Because the ranch is in 2 counties, it provides access to both Midway and Jacksboro ISD schools. The land is ag exempt for taxes. No flood zone or deed restrictions in place. Surface estate only, no minerals to convey. One active oil well and its tank batteries are in the southwest corner of the property; the well operator has a separate entrance to use from the main ranch entrance. The land doesn’t appear to have any pipeline or transmission line easements, however the neighbor on the northwest side has an access easement along the west fence going to their property, which runs approximately halfway down the property line. The access easement uses the same gate as the well operator. This is a nice ranch, very peaceful and quiet. With some clean up, it would make a nice place to build a new home. LIST PRICE: $6,750 per acre

Additional Information

Lot Size
13,939,200
School District
Midway Isd, Clay County
Elementary School
Midway
Middle School
Midway
High School
Midway
Proposed Use
Agricultural, Hunting, Residential
Possession
ClosePlus30To60Days

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Calculator source: Real Geeks

Listing courtesy of Beau Byars from Legacy Properties. Contact: 940-224-3183