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Specializing in Ranch Real Estate and Wildlife Management
 

294+/- ACRES
HALL CEMETARY ROAD
GRAYSON COUNTY, TX
.

• Located approximately 1.6 miles west of U.S. Highway 75, 4.4 miles east of Preston Road (State Highway 289), and 2.5 miles south of FM 902.
• Property has .4 miles of paved road frontage on the north side of Hall Cemetery Road just west of the intersection of Farmington Road and Hall Cemetery Road.
• This is a very desirable location for future development/ investment.
• There is a soil conservation lake that is approximately 27 acres in size with good fishing and waterfowl hunting. There is also one additional stock tank.
• Squirrel Creek is the primary creek feeding the soil conservation lake. There is a second creek that meanders thru the southeast portion of the property.
• Good underground water can be found at 1400’. This water source is believed to be adequate to serve 400 homes per the seller.
• Elmont- Farmington Water Supply has a 6” water line along Hall Cemetery Road to the first creek past the intersection with Farmington Road on the south boundary of the property. The water line then becomes a 2” line.
• Grayson County Electric Cooperative provides electricity to the property.
• Howe Independent School District.
• There is approximately 160 acres of cultivated land used for farming winter wheat, corn, and hay in 3-4 different fields.
• Property is agriculturally exempt and taxes should be approximately $2100/ year.
• Improvements consist of a barn, working pens, and two small grain storage sheds.
• The southeast portion of the property is not fenced. The remainder of the fencing is fair to excellent condition. There are 4 fenced pastures and a trap.
• No hunting, grazing, or mineral leases currently affect the property.
• Owner is believed to have a majority of mineral rights and will convey all minerals in possession.
• Owner has an easement to use the portion of dam located on the neighbor’s property for access to the northwest portion of the property.
• Owner will reserve approximately 22 acres located southwest of the property that is for sale. The northern boundary of the 22+/- acres will need to be agreed upon between owner and prospective buyer. This acreage is located below the dam of the lake and includes the owner’s homestead.
• $6500 per acre ($1,911,000)